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SUNY Selects Brooklyn Health Partners to Redevelop LICH

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A winner has finally been selected from the nine groups still in contention for the rights to redevelop Cobble Hill's Long Island College Hospital. The developers chosen by the State University of New York's board of trustees are known as Brooklyn Health Partners and are led by real estate developer/former clinical laboratory supervisor Merrell Schexnydre. Their proposal offered $250 million, the highest (realistic) bid among the nine groups vying for contention. (Technically, it was the second highest bid, as the Chetrit Group had two proposals, one of which offered $251 million and promised only 100 hospital beds.) The Brooklyn Health Partners are promising 300-400 beds in their full service hospital, as well as 1,000 units of housing, 30 percent of which will be affordable. There will also be a little commercial space mixed in. In the meantime, they will immediately establish a 150-bed temporary hospital, which will remain open through the construction of the new hospital.
· The results are in! Winning LICH bid includes a hospital [Brooklyn Paper]
· LICH coverage [Curbed]