The Real Deal New York

SUNY officials drop Fortis’ hospital-to-condos plan

December 18, 2013 11:28AM

fortis

339 Hicks Street and Fortis’ Joel Kestenbaum

UPDATE, 12:20 p.m., Dec. 18: Fortis Property Group’s plan to build condominiums and an urgent care facility at the site of the Long Island College Hospital in Cobble Hill has been set aside for the time being.

The hospital’s operator, SUNY Downstate Medical Center, considered it the most viable of the six proposals that had been submitted. But hospital officials said it would not truly benefit the long-struggling hospital, and intend to reconvene next month to discuss other options.

“It’s very clear that the proposal that was put before us would not have the support of the community,” H. Carl McCall, chairman of the SUNY trustees, said last night at a board meeting.

Fortis sought to buy the site at 339 Hicks Street and lease most of the block’s real estate back to health care providers that would operate hospital facilities. The remainder of the hospital property would be converted into condos.

SUNY’s special academic medical and hospital committee had backed a proposal to initiate talks with Fortis.

Fortis launched sales at the new condo building at 540 West 49th Street in Hell’s Kitchen in October. [DNAinfo]Mark Maurer

One Response to “SUNY officials drop Fortis’ hospital-to-condos plan”

  1. January 12, 2014 at 2:15 pm, Ken said:

    Joel kestenbaum , Fortis property purchased the mortgage on 212 -218 N 9th St Brooklyn NY from Broadway Bank, The property was further transferred on 08/16/2013 to a new Corporation named FPG 218 NORTH 9th PROPERTYLLC. C/O FORTIS PROPERTY GROUP LLC 45 Main Street Brooklyn NY 11201 Joel kestenbaum is notarized as the President / Owner by a Notary named Shem Tov Mayer on 05/05/12 Notary# 01MA5069188 NYS Kings County . Joel Kestenbaum purchased the Mortgage on the building owned by Israel Perlmutter & Menachem Stark. King County Block 2313: Lot# 5 and lot # 7 . The Mortgage was defaulted on and the National Bank was subsequently shut down by the FDIC . Joel Kestenbaum as a first mortgage holder wants to own the property that is worth over $50 million and didn’t want any fights with Permutter or Stark in the foreclose process, Rumors are that Kestenbaum was in arguments with them regarding this property and is a possible suspect .

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