(To read more on the multifamily market, click here.)
WARWICK, NY-With its dream of establishing a campus at its BlueLake Campus here long gone, the Kings College has sold the 252-acreproperty here to the New York City-based Touro College for $11million in an all-cash deal. Dr. Bernard Lander, president andfounder of Touro, tells GlobeSt.com the independent institution ofhigher and professional education hopes to develop a four-yearcollege at the site.
Touro College intends to develop a plan for the project, whichwould also include 150 units of housing for faculty, staff andstudents, in the next year or so, Lander notes. The project wouldrequire a zone change from the Village of Warwick. "There are a lotof junior colleges in the area, but few four-year colleges."
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
