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  • OUT OF MONEY AND UNLIKELY TO

  • REMAIN OPEN.

  • CBS2 NEWS' TONY AIELLO REPORTS.

  • Reporter: FROM ITS MAIN

  • CAMPUS IN WESTCHESTER, THE

  • COLLEGE OF NEW ROCHELLE GREW TO

  • SATELLITE CAMPUSES IN HARLEM,

  • THE BRONX AND BROOKLYN AND NOW

  • THE 3,000 STUDENTS ENROLLED

  • THERE ARE UNCERTAIN ABOUT WHAT

  • THE FUTURE HOLDS, INCLUDING

  • THE BLUE ANGEL SOFTBALL TEAM.

  • YOU ALL GOT THE EMAIL?

  • YES.

  • WE ALL FOUND OUT TOGETHER

  • Reporter: WHAT IS THE

  • REACTION?

  • VERY SAD.

  • WE ARE ALL FRIENDS.

  • I DON'T KNOW WHAT WE WILL

  • DO.

  • I WILL MISS EVERYBODY,

  • ESPECIALLY THE PROFESSORS.

  • Reporter: CRISIS MODE FOR

  • MORE THAN TWO YEARS AFTER

  • HIDDEN FINANCIAL MOUNTING

  • FINANCIAL OBLIGATIONS.

  • THEY SOLD OFF PROPERTY AND LAID

  • OFF DOZEN OF FACULTY AND IS IT

  • A FACT MEMBERS AND MORE THAN A

  • DOZEN PROFESSORS ARE SUING.

  • THEY WANT BACK PARKWAY AND

  • REINSTATEMENT BUT AN EMAIL SENT

  • OUT FRIDAY SAYS TIME AND MONEY

  • IS RUNNING OUT AND THE SCHOOL

  • IS UNLIKELY TO OPERATE AFTER

  • THE CLASS OF 2019 GRADUATES.

  • I HAVE SO MANY FRIENDS

  • HERE.

  • IT IS MY FIRST YEAR HERE,

  • SECOND SEMESTER, AND NOW IT

  • WILL ALL GO AWAY.

  • Reporter: DID YOU KNOW THE

  • SCHOOL HAD FINANCIAL

  • DIFFICULTIES?

  • I DID, BUT I DIDN'T THINK

  • IT WAS THAT BAD.

  • EARLIER THIS YEAR IT WAS

  • TWEETING ABOUT EARLY ACCEPTANCE

  • FOR THE CLASS OF 2023 BUT NOW

  • THERE SEEMS TO BE A TAKEOVER BY

  • ANOTHER INSTITUTION AND SOURCES

  • SAY CNR IS NEGOTIATING THAT.

  • ITS NAME IS WRITTEN IN STONE,

OUT OF MONEY AND UNLIKELY TO

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