Albuquerque Journal (Albuquerque, NM)

Hospital Sale Challenged.

Byline: Miguel Navrot Journal Staff Writer

Bidder, Mayor Raise Questions

New Mexico's three-year effort to sell off the old St. Vincent Hospital property in downtown Santa Fe appeared headed for another roadblock Wednesday.

Palm Capital Investors Inc. of Florida announced its formal protest of the state's Jan. 26 decision to award sale of the 5-acre property to Auerbach Palace LLC for $10.1 million.

Meanwhile, Santa Fe's elected officials were alarmed over another development a proposed state Senate resolution that could place renovation of the hospital property under state oversight rather than the city's more laborious review process.

Mayor Larry Delgado denounced the Senate joint resolution, sponsored by Sen. Ben Altamirano, D-Silver City, claiming it would undermine city authority. …

Log in to your account to read this article – and millions more.