business

St. John's University Sells Staten Island Campus to Wagner College for $30 Million

29 Mayıs 2026Bloomberg

John's University has sold its Staten Island campus to Wagner College for $30 million, as confirmed by the New York City Office of the City Register. This transaction marks a significant shift in the ownership of educational properties in the area.
The sale is expected to impact both institutions and their respective student bodies moving forward.
John's University has been undergoing financial and operational restructuring, which may have prompted the decision to sell its Staten Island campus. Wagner College, on the other hand, is expanding its footprint and potentially enhancing its offerings with this acquisition.
The sale of St. John's Staten Island campus to Wagner College highlights ongoing trends in higher education where institutions are reassessing their real estate holdings.

NewsAI özeti

This article is based on information available as of October 2023 and may be subject to change.

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