New York Medical College in Valhalla has been a Catholic institution since 1978, run by the Archdiocese of New York.
But this is about to change.
The college is being taken over by Touro College, an Orthodox Jewish institution with several campuses, including in NYC.
The Journal News/LoHud wrote months ago that Touro was in serious talks to take over the medical school. The new issue of Catholic New York says the deal is done and that the transfer will take place in mid-2010.
The archdiocese gets $60 million — “approximately $30 million of which the Archdiocese will immediately contribute to a fund for NYMC’s business, operations and programs, with the remainder deposited in an endowment fund that will be used exclusively for the Archdiocese’s health care programs for those in need,” according to CNY.
The CNY story does not mention what will happen to NYMC’s Catholic mission. But we will ask today.
When we wrote about the possibility of the takeover, we heard from dozens of NYMC students who were not happy about the possibility. They viewed Touro as a step down in terms of quality. It remains to be seen how students and faculty react.