- Associated Press - Thursday, May 22, 2014

NEW YORK (AP) - Community advocates who wanted a financially strapped Brooklyn hospital to remain full-service have given up their fight.

An agreement Thursday ends lawsuits over the fate of Long Island College Hospital.

A group of real estate and health companies negotiating to buy the Cobble Hill facility says it will use a needs assessment to determine the services it provides.

They’re offering the state university system $260 million for the 6.2-acre campus.

They’ve proposed keeping an emergency department, outpatient care including cancer treatment and dental, pediatric and geriatric services.

Under Thursday’s agreement, SUNY will outsource walk-in emergency services to a provider within the bidding group starting next Tuesday.

The agreement says ambulances might not return to until mid-July.

State officials say the hospital has been losing an “unsustainable” $13 million a month.

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