New Proposals on the Table Regarding LICH’S Future

Crain’s New York Business reports that LICH’s future may rest on one of four proposals currently under review.

1) Fortis Property Group proposes a mix of medical and residential, with an emergency room and medical services alongside condo and apartment buildings, 25% of whose which would be classified as “affordable.”

2) According to Crains, “Developer Don Peebles has also submitted a proposal, in partnership with the Institute for Family Health, that includes an affordable-housing component.”

3) According to Crain’s, “Brooklyn Hospital, once considered a potential partner for Mr. Peebles, has now joined the Related Cos. and Blue Wolf Capital Fund III, LP, to bid for the site. The bid received an endorsement Jan. 31 from State Sen. Velmanette Montgomery, whose district is served by LICH—the only proposal so far to receive backing from an elected official.”

4) Brisa Builders, in partnership with Cornell Realty and the Chetrit Group, proposes a facility focusing on primary care, behavioral health service care, and dental care.

These in addition to local groups who aim to keep LICH running in the manner it always has—as a full-service hospital.

Photo: Youngking11 via Wikimedia Commons; Creative Commons License.

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