Fordham University

of 2007, the university announced its intention to seek buyers for the Marymount campus. Administrators stated the expenses required to support the programs at the campus far exceeded the demand. University officials estimated the revenue gained from the proposed sale would not be greater than the expenses incurred maintaining and improving the campus since the merger with Marymount. President McShane stated the university's decision was nonetheless a "painful" one. Fordham then indicated its intention to move the remaining programs from the Marymount campus to a new location in Harrison, New York, by the autumn of 2008. On February 17, 2008, the university announced the sale of the campus for $27 million to EF Schools, a chain of private language-instruction schools.
In 2014, the university successfully completed a five-year, $500 million campaign; the project surpassed expectations by raising more than $540 million. The university went on to renovate and expand its Lincoln Center campus, opening in 2014 its …