Tax-exempt universities are buying up NYC real estate

… Princeton University is one of the wealthiest colleges in the country with an endowment of $2272 … are suing to change that reports Bloomberg Residents of the college town say theyll no longer be appeased by freebies … real estate and converting it to dormitories classrooms and research space and many arent thrilled that parts of their …

By Alanna Schubach |May 4, 2016 - 3:59PM