Sexton Plan could bankrupt NYU, professors say

NYU Expansion Plan Could Bankrupt School, Professors Say
Wednesday, June 27, 2012 – 01:08 PM
By WNYC Newsroom

Professors railed against NYU’s proposed expansion plan Wednesday, saying faculty members fear the ambitious Greenwich Village project that will be go before the City Council next month could bankrupt the university.

Speaking on WNYC’s Leonard Lopate Show on Wednesday, faculty members said the plan to add more than two million square feet is too costly, has a murky agenda and would turn the neighborhood – where many faculty live – into a construction zone for decades.

“A critical mass of its faculty believe that this plan will bankrupt the university,” said Andrew Ross, professor of social and cultural analysis at NYU.

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