Greenwich Village is home to many architectural gems, and St. Vincent's Hospital has always been one of the best. After one of its old employee residences, 130 West 12th Street, was converted to a condominium last year, it sold out almost immediately. Now, many of the owners are renting out their apartments at surprisingly reasonable prices. One of the latest projects, the redevelopment of a former hospital, has now become a luxury rental. There is plenty of rental space available at 130 W. 12th St, as it is taking over the market. In early August, the first rental unit popped onto the market, which then led to five more rental units on the market currently. With this new building set in place, there surely will be a boost in the real estate market, due to the number of increasing leasings.