Why The 2031 Plan Is Untenable

nyu-new-york-university-campus-expansion-2031-planWhile NYU administration continues to try and will the 2031 plan into action, the final say on the plan’s legality will be coming soon when the New York State Court of Appeals hears the case on its legality this June.Despite claims by President Sexton and 2031 supporters, indications from the finances of the plan point to significantly increased burdens on student and faculty if the plan is carried out. NYU already has …

NYU’s $400 Million Profit

shutterstock_132181055NYU made $400 million in profit last year. Well, technically not “profit,” seeing as NYU is a nonprofit organization.But having nonprofit status does not necessarily prevent the university from hoarding excess funds. NYU’s tax records show the university’s revenue exceeded its expenses by $398,812,562 for 2013.This “profit” came in a year in which increases in tuition outpaced increases in financial aid.“Profit” in 2010, 2011, and 2012 was $149 million, $116 million, and $54 …

NYU Purchases New Athletic Facility Site For $157 Million

 404wideNYU has purchased two adjoining buildings to be renovated and converted into a temporary athletic facilities. The University purchased 404 Lafayette Street and 708 Broadway for a combined $157 million, Vice President for Public Affairs John Beckman announced yesterday.The lower floors of the 151,000 square-foot space will serve as a temporary replacement for Coles Sports Center while Coles is demolished and replaced by a new building with renovated athletic facilities, as outlined in the NYU …

Coles Gym Replacement Moving Beneath Bursar’s Office, Admissions Sources Claim

25w4A temporary athletic facility will be constructed beneath the NYU Bursar’s Office at 25 West 4th Street, sources within NYU’s Admissions Office report. The new facility, according to these sources, will host small athletic rooms as a replacement for Coles Sports Center.According to one Admissions Ambassador, NYU officials “are planning to gut the academic rooms below the offices. They plan on having small fitness rooms but nothing close to what Coles is. No courts and …

Village Residents And NYU Faculty Protest NYU 2031, Call Sexton’s Defense “Complete Bullshit”

unnamedGreenwich Village residents and members of NYU Faculty Against the Sexton Plan held a rally at LaGuardia Park Thursday afternoon to protest the NYU 2031 expansion plan, which protestors say will unnecessarily strip the historic neighborhood of its open space. The rally coincided with NYU’s appeal of a January court ruling that the university could not redevelop the neighborhood’s three parks: Mercer Playground, LaGuardia Park, and the LaGuardia Corner Gardens.The legal dispute will …

Lost Confidence: NYU’s Culture Within Expansion And Controversy [Part Three]

Earlier this year, John Leguizamo played a game of half-court basketball with a group of kids. A bidder won this chance to shoot hoops with the movie star through the Faculty Against Sexton Plan’s online auction, supported by a multitude of celebrities who call Greenwich Village home.“I came to support the faculty of NYU,” said Leguizamo. “We don’t really have a lot of heroes in the modern world, and I found what they did so courageous and brave.”The playful game …

Lost Confidence: NYU’s Culture Within Expansion And Controversy [Part Two]

Part Two of Three. [Part One] [Part Two]The original NYU 2031 plan, as proposed in 2010, would bring radical redevelopment to the Northern and Southern Superblocks. Created through the process of “slum clearance,” in the 1950s and now primarily owned by the university, these large slabs of land sit in the heart of Greenwich Village, just above Houston Street, and house hundreds of faculty members and their families.The proposal squeezed twisted, boomerang-shaped buildings into Washington Square Village, wiping away playgrounds …

John Sexton Provided His Son With University Housing

If you’re a Tisch graduate looking to make it on Broadway, or just someone aspiring to be an actor in the Big City, you may be concerned about finding affordable housing. Finding convenient living spaces in New York can be a bit of a hassle, especially if your paychecks aren’t exactly reliable. Fortunately for Jed Sexton, a former aspiring actor and son of NYU President John Sexton, …

Martin Lipton To Step Down As Chairman Of Board Of Trustees [UPDATED]

Martin Lipton will step down as chairman of NYU’s board of trustees next year, the New York Times reports.“I am getting too old and have served too long,” Lipton told the Times this Friday.Lipton, who has been head of the board of trustees for 16 years, will remain on the board, but in a lesser capacity, as one of the board’s 65 acting members. His exit from the leadership position comes at …

University Space Priorities Working Group Recommends NYU Move Forward With Construction On Coles Site

Rendering of current site conditions of north and south superblocks.The University Space Priorities Working Group (USPWG) issued its final report yesterday, providing the university and John Sexton recommendations on how to proceed with construction on the two superblocks below Washington Square. As no new construction can begin on the north block – that housing the Washington Square Village – until 2022, the report focused on the …

What Re-Accreditation At NYU Really Means

A week and a half ago, John Sexton snuck an email into our inboxes with the subject, “Middle States Re-Accreditation Process.” It’s safe to say that some of us let it slip past without a proper look, but the topic is important—particularly at this stage of NYU’s history.So what exactly is the deal?Essentially, it revolves around the Middle States Commission on Higher Education, which is a non-governmental association aimed at ensuring our region’s schools …

De Blasio Appointed Some NYU Faculty, But What Does It Mean For NYU’s Future?

It’s still only the second month of Mayor Bill de Blasio’s first term, but his delayed appointing of city officials to key positions has led to some flack in the media. But those same appointment decisions are now bringing NYU into the picture.Last week, NYU Local covered De Blasio’s appointment of former NYU law professor Vicki Been as commissioner for the Department of Housing Preservation and Development. It has since come to …

Sexton Keeps Cool At Latest Town Hall

On Tuesday afternoon, NYU President John Sexton once again stood in front of members of the student body in the first Town Hall assembly of the spring semester. This event, hosted by the Student Senators Council in the Grand Hall of GCASL, offered an open mic for students to voice various questions and concerns about anything and everything in the NYUniverse. (Those too afraid to face J.Sex in person or who were …

Let’s Review: NYU 2031

The NYU 2031 plan has divided the university and the broader Greenwich Village community since its conception. According to original projections, the expansion would provide the university an additional six million square feet of usable space. Yet, the 1.5 to 2.2 million square feet planned for the NYU’s “Core,” located around Washington Square Park, remains the heart of contention. While the university believes such an expansion is necessary in order to …

BREAKING: State Supreme Court Ruling Puts NYU 2031 In Jeopardy

NYU’s expansion plans hit a snag today after State Supreme Court Justice in Manhattan Donna Mills ruled that the city illegally approved construction within public parklands without New York State’s approval. Mills dismissed five other claims against NYU’s pending construction on the two superblocks housing the Washington Square Village, Silver Towers, and Coles Sports Center.The city’s approval of NYU’s proposal violated the Public Trust Doctrine and therefore allocated three strips of …