SUNY Signs Contract with Fortis Property Group for the Sale of Long Island College Hospital

July 1, 2014

Brooklyn – The State University of New York today announced it has signed a contract with Fortis Property Group for the sale of the former Long Island College Hospital (LICH) complex. This is the next step in the transaction and continues SUNY’s commitment to ensuring a long term healthcare solution for the community.

“We look forward to completing the sale of the LICH complex and this is an important step forward as all parties work to ensure SUNY can responsibly exit the property while vital healthcare services will continue to be available to the Brooklyn community,” said SUNY Assistant Vice Chancellor for Communications David Doyle.

The New York State Attorney General’s Office and the Office of the State Comptroller must now review and approve the contract in accordance with state regulations. 

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, and more than 95 percent of all New Yorkers live within 30 miles of any one of SUNY’s 64 colleges and universities. Across the system, SUNY has four academic health centers, five hospitals, four medical schools, two dental schools, a law school, the country’s oldest school of maritime, the state’s only college of optometry, and manages one US Department of Energy National Laboratory. In total, SUNY serves about 1.4 million students amongst its entire portfolio of credit- and non-credit-bearing courses and programs, continuing education, and community outreach programs. SUNY oversees nearly a quarter of academic research in New York. Research expenditures system-wide are nearly $1.1 billion in fiscal year 2023, including significant contributions from students and faculty. There are more than three 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 opportunities, visit suny.edu.

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