The Masons won an auction for the bankrupt College of New Rochelle’s campus with a $32 million offer, $11 million more than the opening bid, Lohud.com reported. The trustees of the Masonic Hall and Asylum Fund beat out two others for the 15.6-acre property after eight rounds of bidding over two days last week. The 115-year private Catholic college ended academics over the summer after years of struggles and a scandal that led to criminal charges against a former top finance official. It declared bankruptcy in September. A sale conference is set to be held today in bankruptcy court in front of Judge Robert Drain, who’d have to approve the deal before the sale moves forward. It isn’t clear exactly what the Masons’ plans for the campus are, but court records describe all of the bidders’ intentions as being “for educational and/or institutional purposes.” An email to the Masonic Hall through its New York City website wasn’t immediately returned Saturday night.
