Dive Brief:
- The son of John Sexton, president of New York University, enjoyed a lavish two-story faculty apartment for five years, despite the fact that his only connection to NYU was through his father, the New York Post reports.
- The son, Jed Sexton, paid the university rent, but how much is not known. The current market rate for a single-bedroom apartment in the Greenwich Village building is $3,000.
- NYU had the son’s apartment created out of two one-bedroom units typically used by law school faculty in 2002. At the time, NYU had warned in a written report of a severe faculty housing shortage.
Dive Insight:
Ah, the perks of a university president. The only way this could look worse would be if two law school faculty members were evicted to make room for the son. NYU has previously been criticized for rewarding select faculty and administrators with forgivable mortgage loans to buy multimillion-dollar vacation homes. The son and his wife, who was an administrative employee at the law school, had each had separate apartments in the building since the 1990s, even though it was reserved for law students and faculty members.