Far Rockaway’s shuttered Peninsula Hospital may have found a buyer, the Daily News reported. Michael Melnicke, a who sat on Peninsula’s board of directors but reportedly had not attended a board meeting for several years, along with a group he’s leading, have offered up a $24 million package deal.
Broken down, Melnicke would shell out $6.25 million for the hospital, $16.75 million for the hospital’s nursing home and an additional $1 million for a clinic. Melnicke owns five other nursing home properties in New York. The court-appointed trustee for the hospital, Lori Lapin Jones, aims to use the $24 million deal as a benchmark figure, the Daily News said, then take the sale to auction.
As previously reported, Peninsula Hospital shut down this spring following a struggle with bankruptcy. [NYDN] — Zachary Kussin