Masons snap up College of New Rochelle campus

TRD TRI-STATE /
Nov.November 27, 2019 10:10 AM

(Credit: Terryballard)

The College of New Rochelle has found a new owner for its campus, LoHud reported. The Masons plan to shell out $32 million for the property after placing the winning bid at an auction, according to the outlet. The school launched its search for a buyer for the campus after filing for bankruptcy in September. The Trustees of the Masonic Hall and Asylum Fund plan to use the campus “in a manner that both preserves the legacy of this institution and offers value to the local community,” Mark Podgainy, the school’s interim chief restructuring officer, said in a statement. [LoHud]


Related Articles

arrow_forward_ios
Tarrytown office park trades hands

Tarrytown office park trades hands

Ashkenazy Acquisition Corp. buys Westchester shopping center

Ashkenazy Acquisition Corp. buys Westchester shopping center

Tri-State Promo

TRD’s Fall Tri-state issue drops soon!

Ashkenazy Acquisition Corp. shells out more than $125M for Westchester shopping center

Ashkenazy Acquisition Corp. shells out more than $125M for Westchester shopping center

Bunge Limited relocates out of state, opening up City Square office space in White Plains

Bunge Limited relocates out of state, opening up City Square office space in White Plains

RPW Group buys MasterCard-anchored Purchase building for $36.3M

RPW Group buys MasterCard-anchored Purchase building for $36.3M

Hines to develop luxury apartment complex at Edge-on-Hudson

Hines to develop luxury apartment complex at Edge-on-Hudson

Montefiore to close Mount Vernon Hospital, build new $41M facility

Montefiore to close Mount Vernon Hospital, build new $41M facility

arrow_forward_ios