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Miami, FL - First Rabbinical College in Southeastern U.S Faces Foreclosure |
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The Lubavitch Education Center’s 84,020-square-foot, seven-story building on seven acres, along with two other properties, is named in the $8 million foreclosure lawsuit filed by the Birmingham, Ala-based bank in Miami-Dade County Circuit Court.
The nonprofit center is affiliated with the Chabad Lubavitch, an orthodox Jewish movement that has temples and education centers throughout the world.
The foreclosure names the nonprofit Friends of Lubavitch of Florida and the for-profit 17330 NW 7 LLC. Rabbi Bentzion Korf, who is listed on the Lubavitch Education Center’s Web site as the director, manages both entities, which took an $8 million loan from the bank in 2004.
Korf didn’t immediately return a call seeking comment.
The center was founded in 1973 as the first rabbinical college, or yeshiva, in the southeastern U.S. Orthodox Jews from throughout South Florida send their children there for religious education.
In addition to the main campus, which is located near Golden Glades, the foreclosure targets the 30,750-square-foot education center at 1114 Alton Road in Miami Beach and a 3,363-square-foot apartment building at 1231 13th St. in Miami Beach.
Miami-based attorney Elizabeth Dombovary, who represents Regions Bank in the lawsuit, didn’t immediately return a call seeking comment.
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Read Comments (22) — Post Yours »
1
Jun 30, 2009 at 10:01 AM yechi-not Says:
finally, an unbiased piece of reporting on Chabad.
2
Jun 30, 2009 at 09:37 AM Anonymous Says:
SInce Chabad centers function like franchise operations some fail.
3
Jun 30, 2009 at 10:39 AM Anonymous Says:
Great, this is my kid's school. :(
4
Jun 30, 2009 at 10:31 AM crazy comments Says:
there over 800 students at stake here. are you guys crazy!!!!!! besides, this schools is not mishichist i teach there
5
Jun 30, 2009 at 11:00 AM Anonymous Says:
Could one of you sunny South Florida residents care to tell why the property and the LLC went belly up and if there is any chance of saving it?
6
Jun 30, 2009 at 11:18 AM Anonymous Says:
“ there over 800 students at stake here. are you guys crazy!!!!!! besides, this schools is not mishichist i teach there ”
with such a comment you must be a great teacher.
7
Jun 30, 2009 at 11:44 AM Huh? Says:
“ finally, an unbiased piece of reporting on Chabad. ”
and you're happy because?
8
Jun 30, 2009 at 12:03 PM What a shame Says:
The large school in North Miami may be new, but the Yeshiva and apartment buildings on Miami Beach have been there for decades and decades. Apparently they refinanced those properties. I am mispalel they don't lose the properties and are able to refinance them again in a workout. Their supporters must have lost a lot of money and are unable to donate to keep the loans current. Sad. Let's be mispallel that all frum Yidden make money to give tzedukah. Amen.
9
Jun 30, 2009 at 12:56 PM Miami guy Says:
why did the need an 8 million dollar loan when the building was donated.. and what did they do with all that money they borrowed
10
Jun 30, 2009 at 01:36 PM truth in miami Says:
they are a tremendous asset to the entire florida community
they need the community to rally behind them and let a group of people assist rabb korf to manage the facility
in addition they dont scare parents like y e by threatening to become a charter school if parents dont pay while the YE owners hold 30 million of property and cover up alleged family abuses
11
Jun 30, 2009 at 02:49 PM Anonymous Says:
“ they are a tremendous asset to the entire florida community
they need the community to rally behind them and let a group of people assist rabb korf to manage the facility
in addition they dont scare parents like y e by threatening to become a charter school if parents dont pay while the YE owners hold 30 million of property and cover up alleged family abuses ”
Dont Mix a kasha with a borsht and dont lecture others deal with your own problems. You are right about being an asset to the community. But you are wrong as to how they barely give tuition breaks. It is not fair to mix YE into the picture to cover Landows inequities. Reality is they both provide a service..... Period.
12
Jun 30, 2009 at 03:27 PM Anonymous Says:
My son learnt this year in the yeshiva. He had B"H a great year in learning with R. Schapiro and R. Lipsker. They were very accomodating with the tuition when I explained them my matzav and how much I can afford. I hope they work this out and continue their good works.
13
Jun 30, 2009 at 03:57 PM close kolel Says:
“ Dont Mix a kasha with a borsht and dont lecture others deal with your own problems. You are right about being an asset to the community. But you are wrong as to how they barely give tuition breaks. It is not fair to mix YE into the picture to cover Landows inequities. Reality is they both provide a service..... Period. ”
i say close all the kolels in the miami dade area and give the money to teachers of small children who need a jewish education
i for one know that the rosh kolels in miami and in north miami make over 100 thousand each
that is a true shame
paying for someone to supervise people who are being paid to learn
lets start going back to basics and pay teachers for teaching little children and close the kolels
btw YE has had many issues to pay teachers and if you go to the community for support you should not be able to run it as a private family bussiness
14
Jun 30, 2009 at 06:23 PM Fed up Says:
All the Yeshivas in South Florida have the same problem. They need $5-$8 Million building to keep up with the Jones'.
We the parents get stuck with paying for their poor spenind habbits and nepotism. It's about time the parents start a united front to make them show some accountability.
15
Jun 30, 2009 at 06:38 PM Anonymous Says:
“ i say close all the kolels in the miami dade area and give the money to teachers of small children who need a jewish education
i for one know that the rosh kolels in miami and in north miami make over 100 thousand each
that is a true shame
paying for someone to supervise people who are being paid to learn
lets start going back to basics and pay teachers for teaching little children and close the kolels
btw YE has had many issues to pay teachers and if you go to the community for support you should not be able to run it as a private family bussiness ”
The kollels are not to blame for the Yeshivas poor money management. None of these schools have any business converting hotels into Yeshivas or buying huge water front properties for millions of dollars.
Everyone of these South Florida Yeshivas should be foreclosed on and forced to operate within there budgets.
16
Jun 30, 2009 at 07:45 PM truth for the kolels Says:
“ The kollels are not to blame for the Yeshivas poor money management. None of these schools have any business converting hotels into Yeshivas or buying huge water front properties for millions of dollars.
Everyone of these South Florida Yeshivas should be foreclosed on and forced to operate within there budgets.
”
these kolels are also to blame
the rosh lo;es ask hard working people to contribute to paying them salaries more than the people contributing to the salaries make
why should kolel boys be paid more than the teachers in the yeshivas when they dont teach children
and please explain to me why a rosh kolel in nmb gets paid 105 thousand dollars a year to supervise 8 kolel boys being paid 45k a year
there is something wrong with this picture
let the rabbis in the kehila answer shaalos for the kolel boys thus freeing up 105k a year to not pay rediculous salaries to people who just take from the community
17
Jun 30, 2009 at 08:29 PM Anonymous Says:
“ these kolels are also to blame
the rosh lo;es ask hard working people to contribute to paying them salaries more than the people contributing to the salaries make
why should kolel boys be paid more than the teachers in the yeshivas when they dont teach children
and please explain to me why a rosh kolel in nmb gets paid 105 thousand dollars a year to supervise 8 kolel boys being paid 45k a year
there is something wrong with this picture
let the rabbis in the kehila answer shaalos for the kolel boys thus freeing up 105k a year to not pay rediculous salaries to people who just take from the community ”
dam they get paid that much? im in the wrong place.
18
Jul 01, 2009 at 09:56 AM Snag Says:
"Let's be mispallel that all frum Yidden make money to give tzedukah. Amen."
Let's be mispallel that all yidden earn a living and do not have to rely on Tzedoko.
19
Jul 01, 2009 at 10:47 AM Wake up Says:
“ these kolels are also to blame
the rosh lo;es ask hard working people to contribute to paying them salaries more than the people contributing to the salaries make
why should kolel boys be paid more than the teachers in the yeshivas when they dont teach children
and please explain to me why a rosh kolel in nmb gets paid 105 thousand dollars a year to supervise 8 kolel boys being paid 45k a year
there is something wrong with this picture
let the rabbis in the kehila answer shaalos for the kolel boys thus freeing up 105k a year to not pay rediculous salaries to people who just take from the community ”
If you'd walk in there every now and then and learn a bissle you would know what a community Kollel is. On the other hand if you want to stay ignorant and keep on kvetching then go ahead and stay uninformed.
20
Jul 01, 2009 at 02:17 PM Anonymous Says:
“ these kolels are also to blame
the rosh lo;es ask hard working people to contribute to paying them salaries more than the people contributing to the salaries make
why should kolel boys be paid more than the teachers in the yeshivas when they dont teach children
and please explain to me why a rosh kolel in nmb gets paid 105 thousand dollars a year to supervise 8 kolel boys being paid 45k a year
there is something wrong with this picture
let the rabbis in the kehila answer shaalos for the kolel boys thus freeing up 105k a year to not pay rediculous salaries to people who just take from the community ”
the kolels have nothing to do with the absurd spending habits of the yeshivos. if someone chooses to give the kolel money, or they choose to give the schools money, that is their decision. i work in one of the local mosdos and i can tell you that my tzedakah money goes faster to the kolel than to the schools because of all the wasted money. do not bring the kolel into this fight when they are struggling just as much, if not more. its nice on paper to make 45k, but what happens when you dont get paid?
if you want to have issues with the yeshivos, thats great, go after them and ask where the tuition money and government money is going. if you have a personal beef with the kolel, that too is your perogative but the schools have struggled looong before there was a kolel and will continue to struggle. at least the kolel families here are good people and are making people happy.
21
Jul 01, 2009 at 03:53 PM Anonymous Says:
reply to #16
kollelim are community builders. Look at the places that host kollelim and see for yourself the great effect that it has had on the families and the children and the raising levels of the schools. yungeleit are not "kids",they are young men who have devoted their lives to study torah day and night and to teach torah to any and every member of the community at all hours of the day. They chose to forego the comforts of life. they lead model torah lives and serve as impeccable role models for men,women and children. I am quite certain that aside from not supporting your local kollel, you probably do not help your local mosdos. You just use this forum to air your gripes against torah
22
Jul 01, 2009 at 10:20 PM Anonymous Says:
Amen to 19, 20, and 21!!!!!!!