A beloved Catholic high school in the Bronx has been spared from closure after the philanthropic arm of Bally’s Corporation reached a deal April 22 to purchase the property.
Attorney General Letitia James announced that the Bally’s Foundation, affiliated with the gaming giant that seeks to develop a casino complex at nearby Ferry Point Park, will buy Preston High School in Throggs Neck, securing the future of the all-girls institution that has served the community since 1947.
“Our commitment to Preston is not about business — it’s about doing what’s right. Supporting institutions like this is central to our belief in being a trusted, long-term partner to the communities we serve,” said Bally’s chair Soo Kim.