Princeton Education Center wins Dowling College campus bid

The new owner of the Dowling College campus is finally known.



Newsday says the winner of this week's auction was Princeton Education Center. The winning bid was $26.5 million.



The new owner plans to operate a private K-12 school on the 25-acre Oakdale property.



Dowling College shut down in August after running out of money and losing accreditation. 


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