WPCNR East Side Story. Special to WPCNR, December 15, 2004: An investor group called Noyack Equity Group outbid a consortium  which included celebrity Albert Pirro's White Plains investment group to acquire the St. Agnes Hospital property adjacent to the New York Presbyterian Hospital property yesterday.  The Italian Hospital Society which had coveted the property for an Italian-American assisted living facility dropped out early in the former St. Agnes Hospital property auction at the County Courthouse.

Noyack acquired the property for $21.4 Million, outlasting the Simone Development-Pirro Group-Fisher Brothers group that had purchased the lease on 311 North Street last week, by several hundred thousand dollars. Mr. Pirro, present for the auction, according to the WPCNR observer,  pulled back from the action, fading only after the bidding settled into a $100,000 a bid "back-and-forth" at the $20.4 Million mark.

ST. AGNES HOSPITAL GOING ONCE. GOING TWICE. SOLD TO  NOYACK EQUITY GROUP: The property, is the complex of buildings to the right center of the picture, across North Street from the former General Foods property on the left.  Interstate 287 crosses on the upper left.  The St. Agnes piece is currently zoned by the City of White Plains as residential with a Special Permit for use as a hospital, and would require extensive rezoning for building anything other than single family residential units.l WPCNR was not faxed or e-mailed an official statement by the Mayor's Office on the auction result. Photo by WPCNR News.