SUNY Kills Peebles Deal

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    Incredibly — or perhaps inevitably, depending on your point of view? — SUNY has killed the judge-approved deal with Peebles and turned to the third bidder, Fortis — the one SUNY wanted to sell Cobble Hill’s Long Island College Hospital to all along. SUNY says Peebles was imposing unacceptable conditions concerning a bond and an environmental review; Peebles says SUNY is acting in bad faith and wouldn’t even meet with them, according to a story in The Brooklyn Eagle and other outlets.

    A founder of Fortis and his uncle donated $17,500 to Cuomo’s campaign, according to The Brooklyn Paper. Cuomo controls SUNY.

    Fortis would work with NYU Langone Medical Center and Lutheran Health Care to run a freestanding emergency room and ambulatory services — just like the Peebles bid. It would also develop rental apartments, condos and town homes on the property, including 25 percent affordable units. No new zoning is “anticipated,” Fortis said.

    It seems to us the second, public RFP process didn’t amount to much. What do you think of this turn of events?

    SUNY Ends Talks With Peebles to Buy Long Island College Hospital; Fortis Next Up [Brooklyn Eagle]

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