St. John’s University has officially sold its Staten Island campus for $30 million to Wagner College, according to documents from the New York City Office of the City Register.
St. John’s University has officially sold its Staten Island campus for $30 million to Wagner College, according to documents from the New York City Office of the City Register.
The entrance to the St. John’s University Staten Island Campus. Source: St. John’s University
The US Department of Education wants to grease the wheels for college mergers and acquisitions, a rare Trump administration proposal with broad support from university leaders who see the policy helping the sector withstand a wave of financial distress.
The US Department of Education wants to grease the wheels for college mergers and acquisitions, a rare Trump administration proposal with broad support from university leaders who see the policy helping the sector withstand a wave of financial distress.
The US Department of Education headquarters in Washington. Photographer: Al Drago/Bloomberg
Northeastern University’s takeover of New York City’s Marymount Manhattan College provided a $202.7 million windfall, bolstered by its new ownership of prime Manhattan real estate.
Northeastern University’s takeover of New York City’s Marymount Manhattan College provided a $202.7 million windfall, bolstered by its new ownership of prime Manhattan real estate.
Marymount Manhattan College in New York on Sept. 11, 2024.
New York Governor Kathy Hochul is planning to participate in President Donald Trump’s controversial federal school choice program, according to a statement Friday.
New York Governor Kathy Hochul is planning to participate in President Donald Trump’s controversial federal school choice program, according to a statement Friday.
The riskiest asset class is converging with one of the safest in a first-of-its-kind financial product: A Bitcoin-backed municipal bond.
Bitcoin signage in Times Square in New York, US, on Tuesday, Dec. 9, 2025. The market is still reeling from a flash crash on Oct. 10 that saw more than $19 billion of crypto bets liquidated, and spot trading volumes have fallen 66% since their January highs. Photographer: Michael Nagle/Bloomberg
Thinning reserves and negative cash flows will likely lead Brightline Trains Florida LLC to restructure its debt within the next six months, according to S&P analysts who downgraded the struggling private rail line deeper into junk territory this week.
Thinning reserves and negative cash flows will likely lead Brightline Trains Florida LLC to restructure its debt within the next six months, according to S&P analysts who downgraded the struggling private rail line deeper into junk territory this week.
Passengers board a Brightline train in Aventura, Florida.
Morgan Stanley’s annual “State of the States” webinar is usually a pretty staid tour of state balance sheets. This year, though, it drew more than double the usual audience and more than six times typical registration as financial advisers clamored for a chance to ask questions about what President Donald Trump’s agenda means for municipal budgets — and the bonds tied to them.
Morgan Stanley’s annual “State of the States” webinar is usually a pretty staid tour of state balance sheets. This year, though, it drew more than double the usual audience and more than six times typical registration as financial advisers clamored for a chance to ask questions about what President Donald Trump’s agenda means for municipal budgets — and the bonds tied to them.
Most of the buildings at the University of Massachusetts were constructed in the 1950s and the 1960s, and the signs of aging are clear, President Marty Meehan says. When it rains, roofs leak. And even during harsh New England winters, students crack windows open to air out stuffy dorm rooms.
Most of the buildings at the University of Massachusetts were constructed in the 1950s and the 1960s, and the signs of aging are clear, President Marty Meehan says. When it rains, roofs leak. And even during harsh New England winters, students crack windows open to air out stuffy dorm rooms.
Falling behind on renovations can drive away potential students, a serious risk for most colleges in the Northeast as the pool of prospective students in the region is expected to shrink by 17% by 2041.
Most of the buildings at the University of Massachusetts were constructed in the 1950s and the 1960s, and the signs of aging are clear, President Marty Meehan says. When it rains, roofs leak. And even during harsh New England winters, students crack windows open to air out stuffy dorm rooms.
Most of the buildings at the University of Massachusetts were constructed in the 1950s and the 1960s, and the signs of aging are clear, President Marty Meehan says. When it rains, roofs leak. And even during harsh New England winters, students crack windows open to air out stuffy dorm rooms.
Falling behind on renovations can drive away potential students, a serious risk for most colleges in the Northeast as the pool of prospective students in the region is expected to shrink by 17% by 2041.
While municipal bonds have gotten increasingly expensive this year, money managers say that long-dated US state and local debt — often eschewed by investors — still look appealing.
While municipal bonds have gotten increasingly expensive this year, money managers say that long-dated US state and local debt — often eschewed by investors — still look appealing.
Construction workers install steel rebar during a construction project in Los Angeles.
Also in today’s Green Daily newsletter: Europe gives offshore wind a boost and BNEF has the latest number on clean-tech investing.
A person cross-country skis across the Brooklyn Bridge during a winter storm in New York, US, on Sunday, Jan. 25, 2026. A massive winter storm reached the US Atlantic Coast on Sunday, bringing heavy snow and ice, straining power grids and grounding thousands of flights at levels not seen since the pandemic. Photographer: Michael Nagle/Bloomberg
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