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Former board member eyeing Peninsula Hospital site for $24M (NY)

New York Daily News, August 22, 2012

A group led by former board of directors member Michael Melnicke was named as a strong candidate to buy the shuttered Far Rockaway hospital and affiliated nursing home, court documents show. Melnicke, who owns five nursing homes in New York, offered a $24 million package for the hospital, clinic and affiliated nursing home, the court-appointed trustee Lori Lapin Jones wrote in a filing earlier this month. The firm enlisted to manage Peninsula's sale was contacted by 26 potential suitors that "expressed a primilary interest," documents show. The nursing home magnate sits on the Board of Trustees of Long Island University and belongs to several healthcare associations.