A Sidley pro bono team helped ensure that Preston High School in New York will remain open, following a public hearing held by the Office of the New York State Attorney General in April. Sidley represented the school, which has served the Bronx community for 75 years, facilitating the purchase of Preston High School from the Sisters of the Divine Compassion by Bally’s Foundation of North America, a charitable nonprofit organization.
Sidley helped broker an agreement with the Bally’s Foundation which will lease the property back to the school for US$1 per year for the next 25 years, with options to renew the lease upon the completion of the original term. Hundreds of alumni, students, staff, and concerned community members attended the April 22 hearing.
The Sidley team was led by partner Melissa Colón-Bosolet and included partners Aviva Yakren and Justin Nowell, senior managing associate Danica Muir, and associate Anika Khemani, all in New York.
