Rockrose Development purchased a site at 91-95 Pacific Street in Cobble Hill, Brooklyn, for $65 million from Madison Realty Capital. This site was once part of a larger redevelopment plan for the former Long Island College Hospital campus. The previous owner, Fortis Property Group, had planned to build condominium towers at the site but sold it to Madison Realty in 2022 to avoid foreclosure. Rockrose’s future plans for the property have not been disclosed.