But the proposed sale drew opposition from many of the hospital's doctors.
But Tuesday's $17.25 billion two-year sale also drew less demand than expected because of the uncertainty about a possible rate rise.
The sale drew buyers away from the Treasury market, where prices were lower in light trading.
The sale drew a mixed response from the San Francisco community.
Traders said the sale drew strong investor demand, particularly from small investors.
The sale could also draw attention from Federal regulators.
The sale drew attention because the work is likely to leave New York.
But the sale drew slightly higher prices than the commission had predicted, earning $26 million for the city.
The sale drew heavy traffic to the official website resulting in a crash.
The prospective sale draws attention to the Fresh Meadows development as an investment vehicle.