Yeshiva Chofetz Chaim is asking a federal judge to annul the $4 million sale of its property in Spring Valley because the transaction wasn’t in its best interest.
The religious group filed its lawsuit Tuesday alleging that Mosdos Chofetz Chaim, Inc. never paid the $4 million owed from the 2005 transaction involving 1-50 Kiryas Radin Drive in Spring Valley.
The yeshiva also claimed that it never got permission from the state Attorney General’s Office to sell the property, as all nonprofits are required to do when selling their assets.
Rav Yisroel Mayer Kagan ZT”L (“The Chofetz Chaim”) founded the yeshiva in 1864.
In the late 1950s the Yeshiva moved out of the New York City to Suffern.