- Associated Press - Wednesday, May 21, 2014

NEW YORK (AP) - A financially strapped Brooklyn hospital will remain on life support past its scheduled closing on Thursday while the state university system negotiates a sale of the facility.

Long Island College Hospital in Cobble Hill will continue providing walk-in emergency services while a deal is finalized, the State University of New York said Wednesday.

SUNY said walk-in emergency patients will be screened, stabilized and then transferred to other facilities.

Ambulances will still be directed to take emergency patients to other area hospitals. There will be no admissions or inpatient care, SUNY said.

A group led by the Peebles Corporation, a real estate investment and development company, and the North Shore Long Island Jewish Health System is offering $260 million for the 6.2-acre hospital campus.

In its proposal, the group said it would keep an emergency department and provide outpatient care including cancer treatment, office-based surgeries and dental, pediatric and geriatric services.

A Peebles Corporation official directed questions Wednesday to a company spokesman. The spokesman did not immediately return a message.

The Peebles/North Shore group entered the negotiation process in early May after SUNY and the top bidder, Brooklyn Health Partners, failed to come to terms on a contract. Under a court order, a deal must be completed within 30 days of the start of talks.

State officials have said Long Island College Hospital has been losing an “unsustainable” $13 million a month.

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