Satmar Governor acquired hospital for $ 240 million
Eliezer Kestenbaum, tycoon in Satmar, purchased the largest hospital in Brooklyn, encountered difficulties • luxury apartments built in its place
- Moshe Weisberg and Yoel Bitelman
- כ"ה סיון התשע"ד
Last week, tycoon Rabbi Eliezer Kestenbaum, a leader of the Satmar community in Williamsburg, purchased the largre hospital complex in the area of Brooklyn - College Hospital Long Island, in the amount of $ 240 million.
The hospital was on the verge of closure due to debt offered for sale by the New York City auction which included nine buyers.
Company "Fortis" by Governor Kestenbaum will destroy the hospital and instead build a range of luxury condominiums.
However after a protest, the Company agreed to build a small alternative clinic, to give medical services.
Israeli real estate man who lives in Brooklyn says to Behadrey Haredim "Kestenbaum made a great deal, this prestigious estate area will become an exclusive residential area and put in a lot of money for the group".
"The hospital was sold at bankruptcy rate so this is a very good deal," said Nadal. "Kestenbaum purchased the hospital at a cost of 240 million dollars. Transaction could be done already in December but was delayed due to residents' protests demanding the establishment of a hospital exchanges. Between opposing the sale of the hospital and becoming a residential area was also Mayor Bill De Blasio who participated in demonstrations held before election to the mayor. "
Eliezer Kestenbaum known as philanthropist of Housing Satmar Hasidim in Jerusalem and built the Great Beit Midrash of Hasidism in Jerusalem.
So, two years ago financed the construction of two halls Pardes Zvi and Pardes Feige, Williamsburg, which are held every year weddings at discounted prices.
A year ago published name of Governor as having served as an extension of the Satmar Rebbe, to mediate between the leaders of Atra Kadisha managers in complex Golobnzitz – in Beit Shemesh. Governor tried to bring a negotiated settlement between the parties, but failed.
The hospital was on the verge of closure due to debt offered for sale by the New York City auction which included nine buyers.
Company "Fortis" by Governor Kestenbaum will destroy the hospital and instead build a range of luxury condominiums.
However after a protest, the Company agreed to build a small alternative clinic, to give medical services.
Israeli real estate man who lives in Brooklyn says to Behadrey Haredim "Kestenbaum made a great deal, this prestigious estate area will become an exclusive residential area and put in a lot of money for the group".
"The hospital was sold at bankruptcy rate so this is a very good deal," said Nadal. "Kestenbaum purchased the hospital at a cost of 240 million dollars. Transaction could be done already in December but was delayed due to residents' protests demanding the establishment of a hospital exchanges. Between opposing the sale of the hospital and becoming a residential area was also Mayor Bill De Blasio who participated in demonstrations held before election to the mayor. "
Eliezer Kestenbaum known as philanthropist of Housing Satmar Hasidim in Jerusalem and built the Great Beit Midrash of Hasidism in Jerusalem.
So, two years ago financed the construction of two halls Pardes Zvi and Pardes Feige, Williamsburg, which are held every year weddings at discounted prices.
A year ago published name of Governor as having served as an extension of the Satmar Rebbe, to mediate between the leaders of Atra Kadisha managers in complex Golobnzitz – in Beit Shemesh. Governor tried to bring a negotiated settlement between the parties, but failed.
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