Cobble Hill really wants to keep its hospital. Ever since the State University of New York trustees voted unanimously to close the Long Island College Hospital in Cobble Hill, local politicians—and just about everyone else involved—have been desperately trying to keep the medical center open. A group of unions and doctors won a temporary reprieve, but the prognosis for the hospital is not good.

SUNY chairman H. Carl McCall claims that “There is no plan whatsoever with respect to real estate,” but local councilman Brad Lander, who represents the 39th District, snaking from Cobble Hill to Borough Park, thinks otherwise.

“It’s hard to pin down motives,” Mr. Lander told Crain’s New York Business, “but it doesn’t seem like all the avenues have been explored to make this facility profitable and have it continue to function as a hospital.” He estimated the value of the real estate at $500 million, if converted to housing, as is allowed by the current zoning designation. Read More