Judge asks top three LICH bidders to reach a settlement

May 15, 2014 Heather Chin
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The top three contenders vying to buy and develop the 43-acre site where Long Island College Hospital (LICH) has sat for 156 years have been asked by Judge Johnny Lee Baynes to agree on some form of settlement or compromise over the issue. It is unknown what exactly this means as the three bidders cannot work together and have three very different plans for what to do with LICH’s real estate.

Top-rated bidder Brooklyn Health Partners (BHP) has proposed a full-service hospital, plus housing/commercial development, but does not have a team in place that has license to operate in New York State.

Second-rated bidder Peebles Corp./Maimonides Medical Center and third-rated bidder Fortis Property Group/NYU Langone Medical both proposed non-hospital-based plans.

Peebles proposes a free-standing ER with a mix of primary care and outpatient care facilities, plus housing. Fortis also proposes a free-standing ER, but paired with a mix of specialized health services and luxury housing.

LICH is slated to close on Thursday, May 22 regardless of whether a new owner is chosen to take over for current operator SUNY Downstate by then.

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