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Published on 6/19/2018 in the Prospect News Distressed Debt Daily.

Dowling College $14 million Brookhaven campus sale approved by court

By Caroline Salls

Pittsburgh, June 19 – Dowling College obtained court approval to sell its Brookhaven, N.Y., campus to Triple Five Aviation Industries LLC for $14 million, according to an order filed Tuesday with the U.S. Bankruptcy Court for the Eastern District of New York.

As previously reported, Dowling said no other bids were received by the May 30 deadline.

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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