Fortis signs contract with SUNY to buy LICH in Brooklyn
Worries: Cobble Hill development could be ‘drastically out of scale’
Brooklyn loses a hospital, and a developer gains a million square feet of Cobble Hill.
After more than a year of community protests and litigation, the State University of New York on Tuesday announced it has signed a contract with developer Fortis Property Group for the sale of the Long Island College Hospital (LICH) complex.
The deal, which will not maintain a hospital at the site, still must be approved by the state Comptroller, the Attorney General and the state Supreme Court.