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Original Winning LICH Bidder Says It Made $25 Million Down Payment

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TWC News: Original Winning LICH Bidder Says It Made $25 Million Down Payment
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SUNY Downstate has moved on to negotiating with another developer for Long Island College Hospital, but that doesn't mean the original winning bidder is giving up.

Brooklyn Health Partners says it made a $25 million down payment, proving its commitment to keep the facility open as a full-service hospital.

The group's CEO has denied that the organization has long-term financial issues, which SUNY cited as a reason for stopping negotiations.

Earlier this week, BHP filed a lawsuit against SUNY, saying that they didn't negotiate in good faith.

Meanwhile, SUNY has turned to the second-place bidder, the Peebles Corporation, but that company is not offering a full-service hospital.

SUNY is set to give up control of the hospital on May 22.

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