Judge Jennifer Schecter, a state Supreme Court judge in Manhattan, approved on November 13, the $45.5 million sale of Nyack College to the Yeshiva of Viznitz D’Khal Torath Chaim in Ramapo.
The sale includes the 107-acre property with educational buildings, offices, and dormitories at the South Nyack campus, land in Orangetown, and the alliance seminary property along Route 9W in Upper Nyack.
A contract was signed between the parties on June 18 but court approval was needed to approve the sale of non-profit charities and religious institutions to ensure proper value was paid.
The Yeshiva plans to operate schools for 250 college-level students and 250 high-school level students, the congregation’s attorney Joseph Churgin of Nanuet has said.
What remains to finalize the sale are various fire and safety violations that the college needs to fix. The violations were for buildings in general disrepair, lack of smoke and carbon monoxide detectors, unlit emergency signs, some structural damage, asbestos in buildings, and problems with exits.