The plan to close Long Island Hospital College in Brooklyn is being withdrawn according to state officials.

After weeks of protest and a lawsuit filed by labor union workers and doctors, the hospital that serves residents in the Brooklyn neighborhoods of Carroll Gardens, Cobble Hill and Red Hook is being given a second chance.

The New York Times reported that the startling news was announced on Friday and served as a "victory for doctors, unions, and community members who said the closing of the hospital would comprise the health care for residents of northern Brooklyn."

According to Metro, the SUNY trustees first voted to close the hospital in February because of financial troubles. It was estimated that the hospital was losing $1 million a week.

Opponents of the plan said the closure would be devastating for local residents who need emergency care.

The hospital's current operator, SUNY Downstate Medical Center, part of the State University of New York, had filed a plan to close the hospital with the state Health Department, which needed to approve the closing.

The financial problems that Long Island Hospital College faced were threatening the viability of the Downstate Medical Center and its medical school.

A lawsuit filed by the unions and the hospital's doctors had momentarily blocked the closure, pending further hearings.

The reasoning for the withdrawing of the plan has yet to be announced however state officials have said that SUNY Downstate was developing a bigger plan for the delivery of medical care and education in Brooklyn, and that the future of LICH would be discussed as part of that plan.