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Cuomo Okays Orthodox Jewish Developer to Buy LICH

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Joel Kestenbaum, son of Louis Kestenbaum, is a founding member and the President of the Fortis Property Group, LLC.
Joel Kestenbaum, son of Louis Kestenbaum, is a founding member and the President of the Fortis Property Group, LLC.
Orthodox Jewish developers of the Fortis Property Group have finally been awarded the rights to purchase the properties of Long Island College Hospital in the Cobble Hill section of Brooklyn by Governor Andrew Cuomo for $240 million.  This comes after much controversy and a toss out of the initial bids back in December.

Fortis Property Group is led by Louis Kestenbaum and his son Joel. The original plan was a complete change to residential units. Fortis’ original bid attached to this plan was rejected in December after advocates for LICH called on the state to renovate its grading system for bidders. Mayor de Blasio also objected to Fortis’ original bid.

Since then Fortis has collaborated with NYU-Langone on the outpatient clinic. The new plans will build luxury condos, while maintaining an outpatient clinic for residents in the area. The outpatient facility will include an emergency room and clinics. The new plan is a compromise between Fortis’ original wish for luxury condos and are residents’ demand for a full-service hospital.

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