140 Years of Academic Heritage —
A Historic New York Campus Transitions.
Eaton Hudson managed the campus asset liquidation for Concordia College New York in Bronxville — a 140-year-old Lutheran liberal arts institution — following the college's closure and sale of its 33-acre campus to Iona College.
The Engagement
Concordia College New York, a Lutheran liberal arts college founded in Bronxville in 1881, announced its closure in January 2021 after the COVID-19 pandemic cut enrollment nearly in half — from 1,269 undergraduate students in Fall 2019 to approximately 580 by Spring 2021. The college simultaneously agreed to sell its 33-acre Bronxville campus to nearby Iona College in New Rochelle.
Eaton Hudson managed the campus asset liquidation process, disposing of the full range of campus FF&E as the institution completed its wind-down and facilitated the transfer of students to Iona College's teach-out program.
Assets Liquidated
- Classroom and administrative furniture
- Laboratory and science equipment
- Athletic and recreational equipment
- IT and technology assets
- Library and academic materials
- General campus operational items
- Dormitory and residential furnishings
The Eaton Hudson Advantage
Concordia College New York presented a distinctive disposition challenge: a simultaneous campus closure and campus sale, requiring careful coordination between the asset liquidation timeline and the real estate transaction with Iona College. Eaton Hudson's ability to manage both timelines cleanly — maximizing asset recovery while supporting a complex institutional transition — reflects the full-service collegiate disposition capability that sets our practice apart.
Managing a Campus Closure or
Institutional Transition?
Our Collegiate Asset Disposition division brings specialized expertise in campus wind-downs, executed with precision and institutional care.
Speak With Our Collegiate Team