November 16, 2025 - 01:47

By Saturday morning, Heights University Hospital will have either discharged or transferred its five remaining patients, marking the end of its operations as an acute care facility. With this transition, the hospital is exploring options in the real estate market as a potential financial lifeline.
The decision to cease acute care services comes amid ongoing financial struggles that have plagued the hospital for some time. The operator is now focusing on selling the property, which could serve as a crucial step in stabilizing its financial situation.
In the wake of this closure, the community is left grappling with the loss of a vital healthcare resource. Local officials and residents are expressing concerns about the implications for healthcare access in the area. The hospital's operator is hopeful that a successful real estate transaction can alleviate some of the financial burdens and pave the way for new opportunities in the future.
August 21, 2026 - 04:47
Industrial real estate is a side-door way into AI, says Morgan Stanley’s Lauren HochfelderMorgan Stanley`s Lauren Hochfelder, who leads the firm`s global real assets division, says investors looking for a less obvious way to bet on artificial intelligence should pay attention to...
August 20, 2026 - 07:09
North Fork house of the week and real estate transfers: Aug. 19, 2026This week`s real estate update features a standout property in Southold, along with a full list of recorded transfers from June 19, 2026. The featured home offers a classic North Fork feel with...
August 19, 2026 - 22:07
The Household Help Who Make $300K a Year and Put out 10 Fires ‘Before Lunch’Rachel Zaslansky Sheer runs a placement agency that connects domestic staff with some of the most demanding households in the country, from Hollywood stars to top executives. Her clients are not...
August 19, 2026 - 02:45
REITs Are Finally Winning and the QQQI Family Runs a Real Estate Fund Paying 11%After years of watching property values sink under rising interest rates, real estate is finally showing real life again. The sector has turned a corner, and income investors are taking notice. But...