it's a tiny school. the faculty are involved in a serious dispute with the dean. he appears to be unwilling to meet with them about their concerns and prefers to rule autocratically. eight members of the faculty (which comprises 2/3 of the full-time faculty) then said that they will refrain from teaching any more classes until they can have a sit-down. the dean took this to mean that they were resigning, and thus "accepted" the resignation of his entire faculty.
http://www.huffingtonpost.com/2014/09/30/general-theological-seminary_n_5907270.htmlthe eight dissident professors have opened up a website explaining their side of things. they contend they are engaged in a "legal work stoppage".
http://www.safeseminary.org/General Theological Seminary was established in 1817, is located in New York, and has 118 full-time (graduate-level) students.