The Real Deal New York

Toll Brothers, Sloan Kettering could bid for LICH

Reps from both entities spotted at forum on fate of beleaguered hospital
March 04, 2014 06:40PM

Two new potential investors in Long Island College Hospital have arrived on the scene.

Representatives of development firm Toll Brothers and cancer center Memorial Sloan Kettering were present at a forum Tuesday where advocates for the bankrupt facility made arguments for keeping the full-service inpatient hospital. The forum is part of a plan to expand community participation in the decision on the project. Don Peebles and New York Methodist Hospital are also potential investors in the project.

“You’re not walking into an empty shed,” a LICH nurse said at the meeting. “The staff, patients and community have stood with the legacy of the founders. When you bring your money, you get a lot for it.”

Amid the LICH employees and neighborhood residents present at Tuesday’s forum were bidders from an earlier request for proposals by the owner, the State University of New York, according to the Brooklyn Eagle. The latest round of proposals kicked off  in February. [Brooklyn Eagle] — Angela Hunt