Judge could issue ruling on Cobble Hill hospital ruling Friday

Fortis, NYU continue community-needs assessment negotiations in the meantime

TRD New York /
Jun.June 10, 2014 05:45 PM

The latest round of Long Island College Hospital arguments, hashed out in a Brooklyn court today, ended with the postponement of a ruling until Friday.

Fortis Property Group and NYU Langone Medical Center, the bidders currently the throws of negotiations with LICH owner the State University of New York, now have a few days to wheel and deal on a community-needs assessment.

The pair have both resisted acquiescing to a community group’s request to hold to a previous deal reached with the Peebles. NYU Langone argued that it is continually performing its own community assessment. Fortis, meanwhile, did increase its health care component in the face of the pressure, offering to include an outpatient HIV/AIDS clinic and up to 20 observation beds. Fortis has also said it will set aside 10,000 square feet in its redevelopment for medical.

The bidders are close to securing an agreement with SUNY, Fortis’ attorney told Crain’s.

In the meantime, SUNY has agreed to keep LICH’s emergency department in operation, though the eventual operator of the site will be responsible for all costs past May 22.

Justice Johnny Lee Baynes, who initially said he would render a decision on the current bidders Friday, then corrected him to say “strike that from the record.”

“It could be Friday,” he told the court. “It could be after. It is coming.” [Crain’s]Julie Strickland


Related Articles

arrow_forward_ios
From left: One Seaport, Gramercy Square, 75 First Avenue and former Pizzarotti CEO Rance McFarland (Credit: Rendering courtesy of Goldstein Hill & West / Fortis Property Group; VUW Studio; Pizzarotti; GlobeSt)

Pizzarotti had a blockbuster NYC entrance. But did the construction company fly too close to the sun?

161 Maiden Lane and Fortis Property Group CEO Jonathan Landau (Credit: Google Maps and Fortis)

Fortis blames contractor Pizzarotti for leaning Seaport tower

Leaning Tower of Pizzarotti? Contractor sues Fortis over alignment issues at Seaport project

Fortis secures $92M financing for Dumbo condo project

Here’s how much Fortis paid for its Jehovah’s Witnesses site

Jonathan Rose buys 558-unit Bay Ridge affordable housing complex for $150M

Abraham Leser lands $71M loan for SUNY hospital site in Brooklyn

Fortis recapitalizes 1 Seaport with $66M loan

arrow_forward_ios