The 140-year-old Christian nonprofit school has been in financial shambles for years. In 2018, the college announced that its South Nyack campus would be shuttered and sold. Students were given the option to relocate to the lower Manhattan campus.
The South Nyack campus is now owned by Yeshiva of Viznitz in Ramapo.
In 2022, Nyack College in Manhattan changed its name to Alliance University.
“This news is a tremendous loss for us who love Alliance University and the people here,” a June 30 statement from the college reads. “We are all grieving.”