NEW YORK (CBSNewYork/AP) — Community advocates who wanted financially strapped Long Island College Hospital in Brooklyn to remain full-service have given up their fight.

An agreement Thursday ended lawsuits over the fate of the hospital.

A group of real estate and health companies negotiating to buy the Cobble Hill facility said it will use a needs assessment to determine the services it provides.

They’re offering the state university system $260 million for the 6.2-acre campus.

They’ve proposed keeping an emergency department and outpatient care, including cancer treatment and dental, pediatric and geriatric services.

Under Thursday’s agreement, SUNY will outsource walk-in emergency services to a provider within the bidding group starting next Tuesday.

LICH had been set to close down Thursday morning, but SUNY said Wednesday the hospital would continue to provide walk-in emergency services — in an effort of good faith — while a deal is finalized.

The hospital stopped accepting 911 ambulances to its emergency room last week as the first phase of the shutdown.

LICH was scheduled to fully close after a deal between SUNY and the initial top bidder, Brooklyn Health Partners, fell apart earlier this month.

The agreement says ambulances might not return to the hospital until mid-July.

State officials say the hospital has been losing an “unsustainable” $13 million a month.

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