Saturday, November 07, 2009
Behemoth Kneels to Graze ...
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgvg7u-4X5jWvttTLd997XVEQ1MpYVcXeOC0RV6xy8AzSL6417fXEwMBQ7oK3BNASI4eO_wZmbTLTLCEAgAny7XEBmCRqpkTiQngBJDjZ5hBEV4v2ozKivBqiIspVxxbBGGl1aMJw/s400/IMG_0833.jpg)
We already knew that this would be an expensive beast to design and build .But according to 21 Elephants the price tag is a whopping $116,000,000 :
In these new financially uncertain times we have to ask how will Cooper Union afford not just to pay to build this building but also to maintain ( finance as well as maintenance) this very complicated , technology laden building into the future . Will this small private college with a very small student population receive the necessary funding in government grants , private and corporate donations or endowments ? And as Behemoth who " eateth grass as the ox ", will this precious boutique academic institution of necessity turn to graze on more of the East Village neighborhood to create a greater real estate revenue base to support what it has already built ?
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They own the ground under the Chrysler Building, so that must bring in a lot of $$$...enough to keep tuition at $0.
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