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From later in the article: The chairman of the hospital’s financial overseer, Richard Kessler, has ties to housing development, sparking fears among critics of an NUMC closure and real estate play.

The hospital sits on very valuable land in a “highly desirable county that has little space to grow,” and "high-density housing would most likely benefit Democrats."

1 posted on 11/04/2025 11:35:45 AM PST by E. Pluribus Unum
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To: E. Pluribus Unum

Mayor Lindsey was once asked whether he had to adopt a particular position “as a matter of principle.”

Answer:

“In New York, when someone tells you ‘it’s a matter of principle’ it’s about real estate.


2 posted on 11/04/2025 11:40:05 AM PST by edwinland
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To: E. Pluribus Unum
Profits for the few and well-connected....

But for the state?

"Longer-term, per DiNapoli, the picture grows even more distressing: Albany is facing its worst cash shortfall, as a share of spending, since the Great Recession — with $34.3 billion in red ink through 2029."

-- snip --

"...the denialism to keep on dominating Albany: Hochul is running for re-election next year, with strong incentive to depend on gimmickry to paper over the state's deficit until after November — and so make the longer-term problem even worse. This warning may be the loudest DiNapoli offers for the next 16 months, as his fellow Democrats push him to collude with Hochul in denying that New York is staring at its worst budget crisis in years."

New York state's headed deep into the red — but Albany will ‘rely’ on denial NY Post, 12 August 2025

How to read this? Well, the NY optimist would say, "it's better than California..."

3 posted on 11/04/2025 11:43:56 AM PST by Worldtraveler once upon a time (Degrow government)
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To: E. Pluribus Unum

Sleepless in New York?


4 posted on 11/04/2025 12:06:37 PM PST by Jeff Chandler (The issue is never the issue. The issue is always the revolution.)
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To: E. Pluribus Unum

why does the title say it threatens the hospital when it’s the state that was ripping them off? I’d say it’s NY that’s threatened.


5 posted on 11/04/2025 12:08:24 PM PST by spacejunkie2001
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To: E. Pluribus Unum

ANOTHER “KELO” DEAL????


6 posted on 11/04/2025 1:55:15 PM PST by ridesthemiles (not giving up on TRUMP---EVER)
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To: E. Pluribus Unum

It’s worth more slick. Watch for a Gruesome-Bash style stunt like they pulled on LA.


8 posted on 11/04/2025 7:33:16 PM PST by umbagi (Patriotism is supporting your country all the time and your government when it deserves it. [Twain])
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