With old financial woes made worse in the pandemic, the Brooklyn Hospital Center is pursuing a shot in the arm — looking to sell and lease portions of its 175-year-old campus to private developers.
For years, the borough's oldest hospital has planned to cash in its prime downtown real estate to boost declining revenue. Unlike Long Island College Hospital, which left neighbors outraged by its shutdown, Brooklyn Hospital aims to expand and modernize.
The coronavirus heightened the urgency, says the hospital's president, who announced last week that the independent health center is interviewing developers to help build out a new medical complex as well as money-generating housing and retail.
Click here to view original web page at www.thecity.nyc
Hiram Alejandro Durán/THE CITY Pedestrians crossing Ashland Pl. near Brooklyn Hospital's emergency vehicle entrance. With old financial woes made worse in the pandemic, the Brooklyn Hospital Center is pursuing a shot in the arm — looking to sell and lease portions of its 175-year-old campus to private developers.
For years, [...]
