Liquidation

New Hospital Activists Drop St. Vincent’s Appeal

06/29/11

Even before a district-court judge could hear their case, community activists demanding that a new trauma center be built on Manhattan’s Lower West Side dropped their legal protest to the sale of the former St. Vincent’s Hospital’s main campus, court papers show.

The activists, led by former New York City Council member Alan J. Gerson, had appealed a bankruptcy judge’s ruling approving the $260 million sale to a development company tied to the Rudin family. The prominent developer will mostly build housing on the site.

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