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Bankrupt Diocese Selling Assets, Closing Schools April 12, 2021 The Diocese of Rockville Centre (DRVC) has sold its Pastoral Center for $5.2 million, which will be used to pay creditors. It also announced three more schools would not reopen after this school year, in addition to seven grammar schools that have closed in the past year because of declining enrollments. The sale of the Pastoral Center has been approved by the Bankruptcy Court. The Diocese and the Official Committee of Unsecured Creditors have agreed that all proceeds from the sale will be used exclusively to compensate creditors. Synergy Holding Partners LLC acquired the five-story office building at the corner of North Park Avenue and Sunrise Highway and the adjacent 58-space parking lot in Rockville Centre, N.Y. As part of the agreement, the diocese will continue to occupy the building until Aug. 31, 2021, while it completes its transition to new facilities. A location for a new headquarters has not been determine

New yorkUnited statesRockville centreEric fasanoPastoral centerCommittee of unsecured creditorsSynergy holding partnersDiocese of rockville centreBankruptcy courtOfficial committeeUnsecured creditorsNorth park avenueSunrise highwayVicar generalRoman catholicNew york state