Touro College remains in talks with New York Medical College over the purchase of the Valhalla-based school.
“There was no done deal,” Karl Adler, president and CEO of New York Medical College, said last week responding to a question as to whether a deal had been reached.
“They are still negotiating,” is all that Barbara Franklin, director of communications for Touro College, would say.
The Archdiocese of New York, which is affiliated with the medical college, did not return calls for comment.
When asked if the negotiations had resumed between the two schools, Adler said, “There was no resumption. They have been on for several months.”
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He said as part of a confidentiality agreement he could not comment further.
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Touro College, which has its main campus in New York City, was first chartered by the New York state Board of Regents in June 1970.
Touro College describes itself as a “Jewish-sponsored independent institution of higher and professional education.” It was established “primarily to enrich the Jewish heritage, and to serve the larger American community.”
It has about 17,500 students enrolled in its schools and divisions.
New York Medical College, which was founded in 1860, today consists of the School of Medicine, the Graduate School of Basic Medical Sciences and the School of Health Sciences and Practice. It has some 1,500 students.
In the late 1970s, the college faced bankruptcy. In 1978, the college and the archdiocese forged a relationship enabling the school to restructure its debt and form affiliations with several Catholic hospitals. The college is neither owned nor funded by the archdiocese.
