DOWLING COLLEGE BANKRUPTCY
On November 29, 2016, Dowling College (the “Debtor”) filed a voluntary petition for relief under Chapter 11 of title 11 of the United States Code (the “Chapter 11 Case”) in the United States Bankruptcy Court for the Eastern District of New York (the “Bankruptcy Court”). The case has been assigned to the Honorable Robert E. Grossman. (Case No. 16-75545).
Garden City Group, LLC, the claims and noticing agent for the Dowling College bankruptcy proceeding has established a Case Administration website providing further information regarding the bankruptcy proceedings.
The Case Administration website also serves as the main point of contact for claims and/or inquiries related to:
- Vendors or other Creditors
- Former Dowling Students*
- Former Dowling Faculty & Staff
- Donated or Loaned Property
The Case Administration website can be found at the following web address:
* Transcript Requests: Long Island University has taken over as successor custodian of Dowling College’s transcript records and is accepting orders for and issuing official Dowling transcripts. Students are encouraged to place orders using the online order form which can be found at:
A link to the Dowling order form can also be found on the LIU website at:
The primary goal of the chapter 11 proceeding will be to maximize the value of Dowling’s substantial real estate assets through a comprehensive marketing and sale strategy. Dowling will be assisted by various real estate professionals in relation to the contemplated marketing and sales and expects to issue further press releases in relation to the sales after consideration by the Bankruptcy Court.
REAL ESTATE SALE INFORMATION
A&G Realty Partners and Madison Hawk have been retained to manage the sale of two properties formerly occupied by Dowling College in Oakdale and Brookhaven, NY. Dowling plans to sell two Suffolk County, Long Island properties through two separate sealed bid sales as part of its Chapter 11 Bankruptcy filing.
A&G Realty and Madison Hawk are currently accepting bids for the 25-acre waterfront campus in Oakdale, NY which houses six buildings including the former W.K. Vanderbilt Estate.
Further information regarding these properties and the sale process related to these properties can be found at the following website:
CBRE has been retained, subject to Bankruptcy Court approval, to manage the sale of Brookhaven Residential Village, a three story 289 bed apartment-style dormitory building located on 2 acres of the College’s Brookhaven Campus.
Please check back for further information regarding this property.
Douglas Elliman has been retained to manage the sale of several properties surrounding the College’s Oakdale campus including (i) twenty-four residential homes, (ii) seven residential properties that have been converted to commercial or office use in connection with the College’s operation and (iii) one vacant residential lot.
The website for the Douglas Elliman broker handling the residential home sales and the vacant residential lot is as follows:
The website for the Douglas Elliman broker handling the converted residential properties is as follows: