College To Sell Part Of Nyack Campus To Yeshiva: Report

SOUTH NYACK, NY — Nyack College has a $45 million deal with an upstate yeshiva partnering with a developer for part of its 107-acre campus, according to the Rockland Business Journal.

The campus, which has more than 40 buildings including dormitories and classrooms, would house 200-300 students, and the plan would be to start as a boys' school and transition to a family yeshiva, the business journal reported.

Nyack College ceased operations in Rockland County at the end of 2019. The college has long had a permit to operate an educational campus in a residential area. RCBJ reported that under village law there's a a one-year window to preserve that right.

Read the entire article on rcbizjournal.com.

This spring, college officials applied to amend the permit to allow higher residential density on about half the main property on behalf of a prospective buyer. The plan was to build multi-family housing. Village trustees rejected the request because village law doesn't include a process to amend a special permit.

The college has an 107-acre campus in South Nyack, Alliance Theological Seminary has a 37-acre campus on Route 9W in Upper Nyack, and the college also owns a 22-acre parcel in Orangetown where its president lives.

College officials re-established a city campus in 1997. The sale of the Rockland properties, for which officials are hoping to get up to $100 million, would help with the college's financial difficulties.