According to their own website, Concordia New York is in trouble. They are on probationary status with their accreditation organization. The reason for the probation is “issues of assessment and fiscal sustainability”.
Here is the statement in response.
Here is the page for updates at Concordia, New York.
Some requirements were submitted for review on March 1st. We should know sometime soon how this process went. Whether the Synod will tell us or some outside reporter will is still up in the air.