NEW YORK TIMES

April 4, 2014

Brooklyn Health Partners, an organization formed specifically to bid for Long Island College Hospital, was chosen Thursday to buy it for $250 million.

 

In a court-ordered bidding process, the group met the demands of community and union groups by promising to keep the money-losing hospital operating with full service. It will also turn part of the property, in Brooklyn’s affluent Cobble Hill, into apartments and commercial space.

 

 

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