2012-08-31 / Top Stories

PHC Contents Go For $1.3 Mil

Expenses For Sale Reach $150,000
By Howard Schwach

A 2011 Philips Brightview Dual Head Nuclear Camera with Cardiac Trigger Monitor 3000, Intuitive Flat Screen Monitor with Remote Control went for a cool $100,000.

A Siemens Symphony 1.5 T MRI with Medrad Contrast Injector and rack of accessories went for $95,000.

An ENT tray went for $25.

A number of items went to local doctors and medical facilities.

Dozens of hospital beds went for anywhere from $25 to $125.

That’s the way it went until all of the machinery, furniture and equipment once used by the Peninsula Hospital Center was gone for a total of $1,361,286.96, including taxes and the buyers’ premium charges.

Court documents show that the sale was conducted without much public notice in Rockaway on June 27 at the Double Tree Hotel near John F. Kennedy Airport.

The documents show that everything once belonging to the hospital was gone in a little over two hours.

The auction was held both in person and online, with 25 registered bidders at the hotel and another 248 online.

A total of 107 of those bidders actually made bids and took home the merchandise.

The Great American Group, the company chosen by Bankruptcy Trustee Lori Lapin Jones to conduct the sale, received $149,978.02 in expenses, most of it for legal fees, insurance, advertising and webcast services.

The sale was never advertised locally and, in fact, The Wave was never able to get information on the sale despite repeated phone calls to the court.

The money for the sale, records show, will be used by Jones to pay for the expenses of shutting down the hospital and selling off all of its assets.

Last week, despite the fact that Jones will hold an auction to sell off all of the real estate on and around Beach 51 Street and Beach Channel Drive sometime in September, she recommended a contract with local nursing home owner Michael Melnicke allowing him to purchase the nursing home, hospital building and clinic for a total of $24 million.

With that sale, all remnants of the 104-year-old hospital will be gone.

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