Both the 371-acre Southern Vermont College campus and the Gate House building at the entrance drive appear on course to be sold following judicial orders filed in U.S. Bankruptcy Court for the District of Vermont, the Bennington (Vt.) Banner reported. Judge Colleen Brown has approved orders allowing the sale of the campus and buildings to Southwestern Vermont Health Care before January and for the separate sale of the Gate House building on 2.28-acres on Monument Drive to Kenneth Milman of Bennington. Raymond Obuchowski, the court-appointed trustee representing the estate of the former college, which closed in May 2019, said earlier this week that no appeals or objections had yet surfaced that might slow or halt the sales. SVHC, the corporate parent of Southwestern Vermont Medical Center, offered $4.65 million for the campus during a bidding process held before the bankruptcy court on Dec. 11. At that time, the health care organization outbid Moshe Perlstein, of New Jersey, a youth camp operator who held two camps for teens on the campus over the summer, and businessman and investor Paul Belogour and his Vermont RE Development, LCC. Perlstein dropped out of the bidding at $4.6 million, while Belogour stopped bidding at $3.95 million.
