Auctioned Reform Temple to Become Satmar School

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SPRING VALLEY, NY (The Journal News) — The former Temple Beth El property on Viola Road has been sold to the United Talmudical Academy of Monsey, a Satmar organization.  The property at 415 Viola Road in the unincorporated section of the Town of Ramapo was auctioned off in June. More than 100 prospective buyers expressed interest in the 32,000-square-foot building on a 5.6 acre lot, and four bidders filed their bids at or above $8 million, said Joshua Olshin, managing partner for AuctionAdvisors, which administered the auction.  The winning bid, $9.196 million, was "very far in excess of expectation," Olshin said.

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AuctionAdvisors, based in the New York metropolitan area, is a full-service auction company. With strategically located offices around the country, AuctionAdvisors services clients in the disposition of assets.  Please contact AuctionAdvisors at 800.862.4348 or visit www.auctionadvisors.com for more information and a complete list of auctions.