State officials mulling construction of new Brooklyn hospital

Gov. Cuomo has earmarked $700M for medical facilities in the borough

New York /
Jan.January 22, 2015 01:20 PM

State officials are considering construction of a new medical facility in Brooklyn that could replace the borough’s struggling Brookdale Hospital.

Following Gov. Andrew Cuomo’s State of the State address yesterday, outgoing budget director Bob Megna floated the idea of a new Brooklyn hospital. 

“I think it’s pretty clear that a new hospital is required,” Megna said. “We’re still working on the details of how that would work in the context of our overall health care plan and we’ve kind of reserved $700 million for that.”

The funds have been set aside for hospital capital construction in east or central Brooklyn, Capital New York reported.

“We probably wouldn’t fully finance the hospital,” Megna said. “We’d have to have partners that would be part of that process. I think we’re still working on it, but the possibility is there that we’d build a new hospital.”

Brookdale has millions in debt and recent reports indicate the hospital is close to bankruptcy, according to the website. The hospital mainly serves the Brownsville and East New York communities.

A group of Brooklyn multifamily investors purchased four buildings from Brookdale in November. Brooklyn’s Long Island College Hospital closed last year and was purchased by Fortis Property Group for $240 million. [Capital NY] — Tess Hofmann

 

Related Articles

arrow_forward_ios
Governor Andrew Cuomo and Senator James Skoufis (Credit: Getty Images, NY Senate)
Owners of some residential properties can’t hide behind LLCs anymore
Owners of some residential properties can’t hide behind LLCs anymore
Governor Andrew Cuomo and 538 Johnson Avenue in Brooklyn (Credit: Google Maps and Getty Images)
Landlords take another hit: Cuomo signs expanded Loft Law
Landlords take another hit: Cuomo signs expanded Loft Law
Governor Andrew Cuomo (Credit: Getty Images)
Cuomo wants to exempt NYC from prevailing wage bill
Cuomo wants to exempt NYC from prevailing wage bill
City Planning Commissioner Hope Knight and a rendering of the new Penn Station (NYC Department of City Planning, Getty Images)
State greenlights massive Penn Station development plan
State greenlights massive Penn Station development plan
From left: Gov. Kathy Hochul, Mayor Bill de Blasio, Public Advocate Jumaane Williams, and Rep. Lee Zeldin
Here’s where the top contenders for NY governor stand on real estate
Here’s where the top contenders for NY governor stand on real estate
Governor Kathy Hochul (Getty)
Hochul downsizes Cuomo’s Penn Station plan
Hochul downsizes Cuomo’s Penn Station plan
Will 10 new towers pay for Penn Station?
MTA chair: 10 new towers may not fund Penn Station expansion
MTA chair: 10 new towers may not fund Penn Station expansion
90 Sands Street
Hotel conversions race against the clock
Hotel conversions race against the clock
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...