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CNR controller Keith Borge sentenced to 3 years in prison

If he were really committed to CNR, he would not have retired in 2016 at age 60; he would have stuck it out and handled the financial problems openly and honestly, Judge Vincent Briccetti said.

Prosecutors place blame for College of New Rochelle demise on convicted...

“The defendant was literally the only person who knew the truth about CNR’s financial condition,” prosecutors state in a sentencing memorandum. “He was the only person who could have initiated a successful effort to save the college."

Convicted College of New Rochelle controller Keith Borge blames other officials...

Borge detailed his version of the college’s decline in a sentencing memorandum and letter to a federal judge in which he asks for no jail time and no fine when he is sentenced on Aug. 28.

Mercy College leases three College of New Rochelle campuses

The College of New Rochelle ceases academic operations on Aug. 10 and holds its final commencement on Aug. 20.

Bids being accepted for The College of New Rochelle campus property

Bids are now being accepted by A&G Realty Partners and B6 Real Estate Advisors, which have been retained by the college to manage the sale. 

Former College of New Rochelle controller Keith Borge pleads guilty to...

Borge, 62 of Valley Cottage, inflated assets and underreported liabilities from 2014 to 2016, the government says, to disguise the college’s rapidly deteriorating financial condition.

Mercy College offers exit strategy to College of New Rochelle students

Officials from Mercy said Monday that the Dobbs Ferry college has entered into a memorandum of understanding with College of New Rochelle to "offer its students an uninterrupted pathway to continue their education at Mercy."

The College of New Rochelle ‘unlikely’ to operate beyond this summer

A letter signed by the college president and interim board chair said the school is still facing "significant cash flow challenges" stemming from a financial crisis that started to unravel in 2016.

Struggling College of New Rochelle considering deal for educational partner

The private college disclosed to bondholders in December that it is has reached a memorandum of understanding for “a potential strategic transaction” with an unnamed educational institution.

CNR honors former SEC chief

During its commencement ceremonies at the Beacon Theater in Manhattan, The College of New Rochelle (CNR) awarded an honorary degree to Aulana Pharis Peters, one of only three women – and the first African-American woman – to serve as commissioner of the U.S. Securities and Exchange Commission (SEC).

College of New Rochelle names Lehman College dean as next president

William Latimer takes over as the College of New Rochelle is still recovering from a financial crisis first revealed late in 2016.

The College of New Rochelle makes strides following financial crisis

While layoffs of about 70 employees have helped shed costs, they have also resulted in a pair of lawsuits.

College of New Rochelle offers tuition discounts to members of health...

The discounts will apply for all programs at The College of New Rochelle

Two join College of New Rochelle board

Joining are Sister Christine DeVinne, president of Ursuline College, and Elizabeth Sweney, former executive vice president and chief merchant of JCPenney Co.

College of New Rochelle to train future bilingual school administrators

The college will receive $200,000 in state funding to help fill a void in leadership expertise in educating English Language Learners.