HOBOKEN -- As a deal to sell Hoboken's city-owned hospital to a private bidder hangs in limbo this week, Mayor Dawn Zimmer has responded to critics who said that the mayor should have considered other bidders and has kept the process too closed to public scrutiny.
The city is hoping to sell the hospital to HUMC Holdco, a company that co-owns Bayonne Medical Center. But the deal hinges on the hospital’s operator reaching a bankruptcy settlement with various creditors. Negotiations continued in court this week, but a hearing has been postponed to Oct. 4.
As the deal has hit rough spots, two other potential bidders have said they would still like to buy the facility, and recently made their bids public.
On Wednesday, Zimmer released the details of a bid to buy the hospital submitted by P3 of Connecticut, as well as one submitted by a group from Jersey City Medical Center. Zimmer simultaneously sent out an email to news sites and blogs, saying those bids weren't as good as the one from Holdco.
“JCMC's involvement was limited to its agreement to lease a portion of the facility,” Zimmer said of the JCMC bid. “They would maintain only some of the services currently provided by HUMC. The bid was for a for profit development project that would create a commercial building characterized as a medical mall that would lease space to healthcare related businesses. In order to facilitate this commercial development, a redevelopment zone would have to be created and payments in lieu of taxes would have to be agreed upon.”
The JCMC bid was dependent upon state stabilization funds, redevelopment bonds, tax credits, and a financial partner, according to the bid, which was provided to The Reporter.
Zimmer also said the P3 proposal was not better than Holdco’s.
“Their initial proposal was only for the management of the hospital, not for its purchase,” Zimmer said. “This proposal was not considered because we were seeking to sell the hospital not hire a new manager. It was, however, consistent with P3's experience given that they are a consulting firm that, to best of my knowledge, has never owned and operated a hospital. They subsequently modified their bid to include an actual purchase offer.”
P3 has said they would not have any layoffs and would maintain the facility as a non-profit.
Officials from Jersey City Medical Center said on Wednesday that they would not respond to the mayor's statement at this time.
The Hoboken Municipal Authority received six qualified bids to buy the hospital. While three of the qualified bidders (P3, Holdco, and JCMC) are now in the public eye, there are still three bids which remain private. The authority and the bidders agreed to a non-disclosure agreement when the proposals were issued, but since JCMC and P3 made their bids public, Zimmer issued comments. The bids can be read on the city website.
For more, keep reading HudsonReporter.com. -- Ray Smith







No city officials are involved in any way.
I'm prepared to testify when called. Mile Square View was one of the targets of the Data Theft Ring.
So MSV is really looking forward to it and signed like over 100 other Hoboken residents for the "We Love the FBI in Hoboken" Facebook page.
How about you?
Sorry wrong again minion. Maybe you can spin that and your other propaganda over at Mason411 where no one can disagree with it.
So get snapping on it or your Mason severance package will get cut faster than the FBI knock on the door that's most assuredly coming.
Could be your last chance to pump out your vitriol of lies on Hoboken411 and say they're coming for Zimmer (again). LOL
Happy Nightmares minon!
Did you ever think all that pathological lying would lead to so many people going elsewhere just to get the truth?
In the interim, back to the hospital. MSV is digging into its archives on Chris Christie's big trip on tax reform to Hoboken in May of last year and putting up a video you and your counte$$ will find very interesting.
It's about the Governor's role in aiding hospitals in NJ:
http://www.hobokenhorse.com/2011/10/rewind-gov-christie-on-state-hospital.html
Enjoy minion!
At least we agree P3 is a non-starter. Why don't you do us all a favor and tell Beth. She'll take it better from you.
At Mile Square View, we call it a start.
http://milesquareview.com
As for Ray, you don't speak for him. When he and I laugh about your charge, you'll be the last to know.
Okay, time for you to move on to screen name 1001.
horse, glad to hear you took a stand on eminent domain. the point about p3 is that you are pretty much hoboken411, only zimmer version. i dont mind if thats what you want to be.. but the fact that you and dancingrudy keep coming here to try to bully ray into being more like your site (star ledger too) is disgusting. are real media are smart enough to let the public decide and when they write quick internet posts or let the public have information, it is not only designed to make zimmer (or beth) look good like it is when you do it.
As for P3's claim,this is part and parcel of a pattern they have repeated in many places in multiple bids - all failed. If Beth Mason and her fascist loving website Hoboken411, where censorship is the normal course of operation wish to rehash P3's bid fine. I referenced the story and that's sufficient.
The bids submitted from 2010 are long past. The winner Holdco was announced in January 2011. There's no need to open the City of Hoboken to a lawsuit reconsidering the second and third tier bids.
The best bid won and the people in Hoboken who served deciding unanimously have my eternal gratitude and respect for their noble efforts in finding and identifying one bidder who met ALL the established criteria.
MSV is focused on the substance of the CURRENT hospital's sale status - staving off its closure.
With the finish line in sight, the Beth Russo hydra can yell and scream all it wants and conspire with P3 to undermine Holdco, but it just noise.
What matters is seeing the resolution of the outstanding issues on the sale of Hoboken University Medical Center.
I gather you have nothing to say about the articles which demonstrate that this is simply how P3 rolls. If you did, you would have done so, given your desire to say anything and grasp any straw to make the deal look bad.
So be it. Your silence is meaningful under the circumstances. Admitting P3 are a poor choice when the city is on the hook for $52mm would be more meaningful, but no one expects graceful gestures from you anymore.
also, it was your friend who invoked a homophobic response so is that how the mayor's people all feel or are you giong to condemn that?
It's quite simple: we can't afford to hope their ship comes in any more than Pascack Valley could when they disqualified the vapor funding offer. Establishing a pattern he now follows, "Paradigm's president, Geoffrey Teed, has said he will boost his bid significantly if given more time." http://www.northjersey.com/Hospital_auction_put_off_for_month.html?c=y&page=1
It is charitable to even call P3's offer a "bid".
With this many IDs going on the various sites, you've had ample opportunity to say something/anything about this inconvenient truth. But I guess your predictable descent into character assassination tells us all we need to know.
You have no answer for it and are changing the subject to matters you feel more comfortable discussing, eg, cheesy innuendo. Well, at least that shows that you recognize there IS no answer. I believe the professionals call that "proof that he isn't too far gone."
why didn't you print p3's response on thursday? and why don't you ever criticize city hall ever ever?
respond with more vitriol if you have things to hide or maybe someone can answer these questions.
listen to DANCINGRUDY and HOBOKEN87 and the other alias every time they try to intimidate you because that what real reformers do. horse blog will never print p3's letter until he can get zimmer spin to refute it.
Now they get exactly what they didn't want: proof to the world that the bids they were trumpeting did NOT meet the city's requirements, and would have cost the city millions of extra dollars.
The Mayor has done her job, making the best of a bad situation, one that was further complicated and threatened by Mason and Russo who put their political agendas ahead of doing what is best for the city. The fact is they risked closing the hospital in a incredibly misguided attempt to make the mayor look bad. Beth Mason has been doing everything she can to sabotage this deal in anyway possible. Appleseed. Conspiring with the Nurse's Union (against what was good for the union) to muck up the process. And Mason, Russo, Castellano, and Occhipinti are all guilty of voting to kill the hospital, flushing away 1300 jobs, and substantially raising our taxes. Without the Governor's intervention, that would have thrown our city into financial ruin.
As a side note, it's a shame that the "news service" can't be bothered to report all the facts, and post the Mayor's memo in full. (Or at the very least, links to the full text). Disgraceful oversight, in my opinion. The facts are laid out in a way that makes it clear that neither of the bids Mason and Russo wanted were going to serve our city well.
But you have all that info too, and didn't report it. You and your 'newspaper' are a joke.
I couldn't be more proud of any of my disciples than I am of you.
Felicitations and salutations from your mentor.
A series of premeditated and calculated lies.
From now on everything she says should and will be viewed as a lie.
Council Russo and Castellano have reached that milestone long ago and Councilman Occhipinti frankly never had any credibility.