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Savvy real estate moves let New York college provide free tuition
Feb 13, 2008 11:42 AM
For the Cooper Union for the Advancement of Science and Art, owning property in Manhattan and managing it wisely are an integral part of its success as a college. Cooper Union provides free tuition to its approximately 1,000 students. To accomplish this, the college has been unusually active in promoting the use of some of its property — which has been exempt from real estate taxes since its founding — for private development.
Click here to read The New York Times article.
