Dowling College: A&G Realty, Madison Hawk to sell Brookhaven campus

By Caroline Salls

Pittsburgh, Nov. 6 – Dowling College said its liquidation of assets will move forward with the auction sale of its former Brookhaven campus in Shirley, N.Y.

According to a company news release, A&G Realty and Madison Hawk Partners have been retained to manage the sale of the 105-acre property, which consists of a 72,000 square-foot, 70-room dormitory, an athletic complex, a 65,000 square-foot office/classroom complex and a 7,500 square-foot airplane hangar.

The Brookhaven campus was home to the college’s aviation program.

The college said the sealed bid deadline has been set for Dec. 4, and the auction will take place on Dec. 7.

“We expect that the sale process for the Brookhaven campus can achieve as successful an outcome as the prior bankruptcy sale of Dowling College’s Oakdale campus,” chief restructuring officer Robert Rosenfeld said in the release.

“This sale is a necessary next step in the effort to maximize value of Dowling’s assets for the benefit of its many creditor constituencies.”

A&G Realty co-founder and co-president Andy Graiser said “we’re entering our final phase in relation to the properties we were retained to market and sell for Dowling College.”

On-site inspections of the Brookhaven campus are scheduled to be available by appointment on Nov. 8, Nov. 14 and Nov. 30.

Dowling is based in Oakdale, N.Y. The college filed for bankruptcy on Nov. 29, 2016 under Chapter 11 case number 16-75545.

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