First look at former Park Slope senior center redevelopment

A rendering of the One Prospect Park West redevelopment slated to launch this spring.

One Prospect Park West is set to launch this spring with condos
starting at $1.995 million

The conversion of a stately Park Slope building that once served
as a lavish hotel for the Knights of Columbus—and more recently
as a scandal-plagued senior center—into 63 condos is moving
forward, with sales launching this spring. Developed by Sugar Hill
Capital Partners,
One Prospect Park West
will have mostly two- to four-bedroom
residences, starting at $1.995 million, according to the
developer.

The ten-story building, which overlooks Grand Army Plaza and the
western edge of Brooklyn’s backyard, was originally built in 1925
by the Knights of Columbus as a posh hotel and club for members,
boasting a bowling alley, ballroom, theater, and rooms for cards
and billiards.


Courtesy of One Prospect Park West Historical photos of One
Prospect Park West as a lavish hotel and club in the early 1900s.

In its heyday, One Prospect Park West hosted a slew of shindigs
under the ownership of the Knights of Columbus until the property
was foreclosed on in the 1950s and the group was forced to relocate
to Marine Park, where it currently resides,
Brownstoner reported
.

A nursing home known as the Madonna Residence occupied the
169,000-square-foot building from 1962 until the facility shuttered
in 1994. The building passed to a new owner who maintained it as a
home for seniors, this time dubbed The Castle at Prospect Park,
according to Brownstoner.

In more recent years, the property housed the Prospect Park West
Residence, a nursing home where, in 2016
more than 125 seniors were evicted
. Five residents held out and
only agreed to move after then-landlord Haysha Deitsch settled a
lawsuit brought by the tenants for $3.35 million.

The dispute goes back to 2014 when Deitsch told residents at the
assisted-living facility that he agreed to sell the property to
Sugar Hill Capital Partners for $84 million and that the elderly
tenants had 90 days to move out.

Since then, Sugar Hill has redeveloped the building—which
originally sported a brick, limestone, and terra cotta
facade—with locally-sourced materials and finishes for “a
perfect balance between pre-war and modern design,” the developer
says.

One Prospect Park West is the first residential development
designed by Workstead, a
Brooklyn-based design studio responsible for the chic conversions
of industrial buildings, including the Wythe Hotel in Williamsburg
and the Rivertown Lodge in Hudson. The firm even created a new line
of lighting inspired by the Park Slope building known as The Park
Collection
, which is featured throughout.

The building’s high-end amenities include a private curated
art gallery, a wellness club, and a rooftop garden designed by ODA
New York.

Sales will be handled exclusively by Douglas Elliman.

Source: FS – All – Real Estate News 1
First look at former Park Slope senior center redevelopment