Felder asks if documents guarantee long-term care use
Felder asks whether documents can guarantee the facility will not become a rehabilitation center. Palatnik says the state authorizes beds and the operator determines use, so no guarantee.
In your documents, is there a way to guarantee that that's what it's going to be and not the one I suggested?
No, the state authorizes the beds.
Once the beds are authorized, then it's up to the operator to determine the use.
So, look, Mr.
Plotnick, you're a very honest man.
And I'm honest sometimes.
So we don't know.
We don't know.
We don't know what's going to happen.
You know, and I'm not suggesting that they intentionally are playing a game.
But at the end of the day, if this goes through and as it goes through,
You know, and they're not selling the...
you know, the apartments immediately, whatever else, certainly they're going to use, you know, the floors.
Nothing sold, by the way.
This is all skilled.
It's all assisted living no matter what.
Well, but if they don't have enough customers or clients, they're going to take.
No matter what, they're going to take a few flaws and rightfully, you know, use it for what I'm suggesting.