New York University is proposing the largest expansion in its history, with a new tower on Bleecker Street and three million square feet of new classrooms, dormitories and offices in the Greenwich Village area. The plans also call for creating a new engineering school… and a satellite campus… complete with dorms and faculty housing.
The projects, which would expand N.Y.U.’s physical plant by 40 percent over the next 20 years, are aimed at accommodating a growing student body and competing for money and prestige with other universities.
NYU is apparently trying to sell this as some kind of community development project:
“For New York to be a great city, we need N.Y.U. to be a great university,” [NYU President John] Sexton said. “We need the space to run our academic programs: to have the faculty that teach in these programs, to have the students who attend these programs, to create not only carriers of knowledge but ambassadors of New York for the future.”
Yes, and apparently NYU needs 6 million additional square feet of space to create those “carriers of knowledge.” The plan will put NYU buildings in Brooklyn and Governor’s Island.
How’s NYU planning to pay for this? Well, it’s a 20-year plan so the details are a little shadowy but one hint might lie in projected figures for enrollment. NYU plans to add an additional 5,000 students in the next two decades.