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General Ohio University Discussion/Alumni Events
Topic:  Colleges selling dorms

Topic:  Colleges selling dorms
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giacomo
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Member Since: 11/20/2007
Post Count: 1,738

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  Message Not Read  Colleges selling dorms
   Posted: 11/19/2020 7:49:15 AM 
As Occupancy Dwindles, College Dorms Go Beyond Students

https://www.nytimes.com/2020/11/17/business/college-dorms...

Unlikely to happen in Athens, but who knows
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Pataskala
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Member Since: 7/8/2010
Location: At least six feet away from anybody else
Post Count: 7,180

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  Message Not Read  RE: Colleges selling dorms
   Posted: 11/19/2020 10:54:20 AM 
When I was at Catholic University law school in the late '80s the university was in need of near-campus housing so they bought a rundown motel across the street and turned it into a dorm. Now we're seeing the pendulum swing back. Wouldn't surprise me if in a few years some of the South Green dorms went private or were converted for other uses, like hotels or maybe a medical facility.


We will get by.
We will get by.
We will get by.
We will survive.

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boydhallbobcat
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Member Since: 12/20/2004
Post Count: 237

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  Message Not Read  RE: Colleges selling dorms
   Posted: 11/19/2020 1:48:22 PM 
Wasn't Bromley a hotel at one point?
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SBH
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Member Since: 12/20/2004
Post Count: 2,479

Status: Offline

  Message Not Read  RE: Colleges selling dorms
   Posted: 11/19/2020 2:23:36 PM 
Bromley was built as a premium "dorm" by a group of investors (Bromley Group) led by a NY millionaire whose son had enrolled at Ohio. Unfortunately, the son was killed in an auto accident and the father quickly exited the investment. It was ultimately sold to the university.




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