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Iona College in New Rochelle, N.Y., finalized its plans to acquire Concordia College New York, Iona officials announced Tuesday.
Concordia announced in January that it would close this summer and that Iona would purchase the 28-acre Concordia campus. An Iona spokesperson said the college would not disclose the final purchase price.
Iona officials have not yet determined how many former Concordia employees might be employed by Iona.
“Iona will look very favorably on candidates from Concordia College, however, at this time, it is not clear how many open positions will need to be filled,” a spokesperson said.
The private, Roman Catholic college plans to build a school of health sciences on the former Concordia campus. The acquisition may also lead to new student programming in the performing arts, varsity and club athletics, and other extracurricular activities, according to a press release.
“Concordia will forever leave its mark on the history and people of New York. Iona is an institution similarly grounded in faith, and it is our intention to fully honor Concordia’s legacy as we turn the page to a new chapter,” Seamus Carey, president of Iona, said in a statement. “With plans to develop a leading school of health sciences on the Concordia campus, Iona hopes to turn these challenging circumstances into a positive development for the students and communities we serve.”
