Earlier this month, Brooklyn Health Partners emerged victorious in the epic battle to redevelop Long Island College Hospital, SUNY's financially ailing institution in Cobble Hill. In part due to strong preferences from community members, BHP earned a very high score because it promised to maintain a full-service hospital on the site.
Well, Crain's has some news about BHP's early-stage visions for the site that community members probably won't like. Emails they obtained reveal plans for "at least two soaring residential buildings of up to 50 stories on the campus of low-rise buildings that comprises LICH." One 40- to 50-story condo tower is being discussed for a parcel on Atlantic Avenue and Hicks Street currently occupied by a parking lot (and we know how many of those are goners). The apartments in that potential development would be 80 percent market-rate and 20 percent affordable. Meanwhile, a second building "that could be similar in height and size" would be rentals, with 40 percent affordable. The early effort to earmark those chunks as affordable is a not-so-subtle, premature attempt to attract the de Blasio administration's approval down the line, whenever these plans are funded and finalized, and permits are filed. BHP officials estimate it'll need about $600 million in financing to buy the hospital from SUNY, refurbish, and run it, as well as build some 2 million square feet of residential space.
· 50-story towers eyed for LICH site [Crain's]
· SUNY Selects Brooklyn Health Partners to Redevelop LICH [Curbed]
· All Long Island College Hospital coverage [Curbed]