Statement from Communications Director David Doyle

May 28, 2014

“The State University of New York has been negotiating in good faith over the past several weeks to finalize an agreement with The Peebles Corporation. As demonstrated by our continued voluntary operation of the emergency department at LICH, SUNY takes seriously its commitment to reaching an agreement that provides continuity of health care services.

But the final transaction must also adhere to the RFP. Unfortunately, several portions of the Peebles proposal have dramatically changed, including the possibility of long delays in the manner and method in which health care will be provided at the site. Additionally, Peebles is seeking a cost-sharing agreement in which taxpayers would be partially responsible for environmental remediation, which is far outside the scope of the RFP. These deviations from the initial proposal are unacceptable to SUNY from both a health care and business perspective.

Therefore, SUNY has terminated negotiations with Peebles. Under the terms of the stipulation and order SUNY will immediately begin discussions with Fortis Property Group, LLC which is working with NYU Langone Medical Center and Lutheran Health Care.

Even though the settlement agreement allowed SUNY to close on May 22nd, we will continue our best efforts to staff and maintain current services at the emergency department while we negotiate with Fortis.

SUNY will continue to pursue in good faith a final deal that provides continued health care services for the Cobble Hill community but also protects the financial interests of state taxpayers and our students."

About the State University of New York
The State University of New York is the largest comprehensive system of higher education in the United States, with 64 college and university campuses located within 30 miles of every home, school and business in the state. In 2015–16, SUNY served nearly 1.3 million students, including nearly 600,000 in credit-bearing courses and programs and more than 700,000 through continuing education and community outreach programs. SUNY students and faculty across the state make significant contributions to research and discovery, resulting in nearly $1 billion of externally sponsored activity each year. There are 3 million SUNY alumni worldwide, and one in three New Yorkers with a college degree is a SUNY alum. To learn more about how SUNY creates opportunity, visit www.suny.edu.


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Contact:
Holly Liapis
518-320-1311
Email the Office of Communications