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Hebrew College cancels sale of campus

Cost-cutting and refinancing give singular school a fresh start

By Lisa Wangsness

 |  Globe Staff  

  May 09, 2012

Eighteen months after the startling news that Hebrew College planned to sell its celebrated campus to retire $32.1 million in mortgage debt, its leaders say the school has regained its financial footing and will now stay put. Rabbi Daniel L. Lehmann, the president of Hebrew College, said the school is in the final phase of renegotiating its loan in a complex deal that will reduce the institution’s debt to $7.4 million.

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