Politics & Government
Hospital Sale Scheduled for Friday
After months of hurdles, the transaction seems to be ready to be closed.
Mayor Dawn Zimmer announced via Twitter on Wednesday that the sale of the Hoboken University Medical Center is likely to happen on Friday.
"Just received word everything in place for sale of Hoboken university medical center on Friday.JIT for my talk at Bloomberg con in NYC at 4," Zimmer wrote.
The transaction—moved multiple times—was planned for earlier this week, Zimmer said on Sunday.
Find out what's happening in Hobokenfor free with the latest updates from Patch.
HUMC is being sold to private bidder HUMC Holdco, who in turn will sell it to an Alabama based firm in a sale-leaseback agreement.
a last minute, allowing the transaction to happen.
Find out what's happening in Hobokenfor free with the latest updates from Patch.
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