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Stony Brook University officials will slash spending on Stony Brook Southampton, eliminate student housing, reduce operations at the 81-acre Shinnecock Hills campus to just two buildings, and pull the plug on most programs now offered there starting this fall.
The stunning cost-cutting proposal, confirmed Wednesday by Stony Brook officials, comes just four years after the university purchased the campus for $35 million from Long Island University, and invested tens of millions of dollars in an effort to transform it into a center for sustainability and environmental studies.
In a closed-door meeting at the Stony Brook University main campus on Tuesday afternoon, Stony Brook President Dr. Samuel L. Stanley Jr. discussed the proposal with New York State Assemblyman Fred W. Thiele Jr., State Senator Kenneth P. LaValle and U.S. Representative Tim Bishop. The... more
The stunning cost-cutting proposal, confirmed Wednesday by Stony Brook officials, comes just four years after the university purchased the campus for $35 million from Long Island University, and invested tens of millions of dollars in an effort to transform it into a center for sustainability and environmental studies.
In a closed-door meeting at the Stony Brook University main campus on Tuesday afternoon, Stony Brook President Dr. Samuel L. Stanley Jr. discussed the proposal with New York State Assemblyman Fred W. Thiele Jr., State Senator Kenneth P. LaValle and U.S. Representative Tim Bishop. The... more
It's more likely that it would be pocketed by the usual suspects anyway, so...
This is unbelievable 1)How do they ever expect to make their money back?? ...more 2)D*mn Obama! 3) D*mn the main, up island campus for having all the good stuff like book stores open before noon, an equestrian team & bookstores w/ textbooks still in through the whole semester 4) Way to cut the local businesses out of the scene, now its going to be a ghost town in the winter again 5) Shame on the Stony Brook staff who knew about this. Students should have been told this rather then implying there would be a continuous growth in the school and students.
Why can't we be creative in proposing solutions?
Visit the campus, talk to the students and faculty - it's not just the campus who looses.
The State should have recource for this horrible breach of faioth. Stony Brook should pay back the $ 35 million gotten from the taxpayers. The colege campus is dead, dead, dead. RIP.
We have the land. All we need is the will and the imagination. It could be a salvation for the East End in the new National Health Care universe. Most of the grounds ...more could remain parkland.
1. I think you misunderstand what the position "provost" entails.
2. He hasn't been at the college for over 8 years, it's the equivalent of blaming Bill Clinton for the current state of the economy.
Can you say, "not just a river in Egypt"?
"Dr. Stanley will receive an annual state salary of $400,000. Dr. Stanley, in recognition and support of his ongoing research, will receive $100,000 per year from the Research Foundation of the State University of New York. The Stony Brook University Foundation will provide $150,000 annually in compensation or deferred compensation. Dr. Stanley will be provided university-owned housing at the Stony Brook University campus and will also ...more have use of a campus-owned vehicle during the term of his presidency." http://www.stonybrook.edu/pres/press.html
I think Pres Stanley should be ashamed and FIRED!!! What about all of these kids that have started this year wanting to graduate from this school. Also the jobs of those that ...more have INVESTED 4 years of thier careers to develop such a close knit family. Who may have passed up opportunities over the past because they knew what they were doing at Stony Brook Southampton mattered and it was like no other campus. I know the writing is on the wall and soon construction will shut down but take a step back and look at what devastation you are causing to the community, the kids, and the Facilty. president Stanley you again SHOULD BE FIRED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The university gets a 33M subsidy and offers barely double digit courses.
1. if the economic model were viable then it wouldn't need the subsidy.
2. the model for education is virtual...not 81 acre campuses in areas that are barely populated in the winter time.
It seems like they always have the money to pocket excessive salaries, but no money to invest in the future...
Ayn Rand was a Russian born author under communism, and the post Bolshevik revolution Soviet Union. Her most famous work is probably "Atlas Shrugged", and she believed in a "lassiez faire" take on economics. Her greatest disciple was Alan Greenspan, who ran the treasury for about twenty years. His view on NOT regulating the economy allowed ...more for shady deals, and a dark, opaque, unregulated market all over Wall St.
There was one voice of dissent, and her name was Brooksley Born, former head of the CTFC, which potentially had control over the derivatives market. She warned that an economic implosion would be the result of an unregulated derivatives market back in the late nineties. She was silenced by Alan Greenspan, Larry Somers, Timothy Geithner, Gary Ginsler, and Alan Levitt (who later recanted his behavior).
It was a COMPLETELY unregulated derivatives market that drove up the cost of everything from a bottle of milk, to a house, to a barrel of oil. Wall St. bankers pocketed millions, billions, in some cases trillions, and America, as well as the world, has paid the price for this folly.
The last straw was when Bill Clinton signed the GLBA into law, which not only changed the definition of certain marketable securites, and repealed key aspects of the Glass-Steagall Act of 1933, but allowed for the creation of "Mega-Banks" like Citigroup.
A boatload of good checks and balances enacted after the Great Depression by Herbert Hoover, and some really good Congressmen were repealed, and Capitalism was permitted to run unregulated, unfettered, and rampant until the market's implosion in less than a decade after the GLBA (Gramm-Leach-Bliley Act) was signed into law.
Do your research, educate yourself, and sling less mud.
It WOULD behoove us all...
I'll be going on 26 years as a fan this season.
A very short-sighted and DUMB move!
Who is in charge of this, and other recent East End developments (i. e. MTA payroll tax and LIRR schedule cut-backs)?
Is the Speaker of the Assembly looking for a showdown?
The lack of regulation is what led to what is probably the greatest degree of disparity in History.
Earning your way through life, I don't disagree with.
Lassiez faire, I wholly disagree with.
Peconic University will take over campus.
Peconic County will lead the way.
Peconic Bay Regional Transportation Authority will provide the transportation.
Mr. Silver, please get out of the way.
In the many crisis facing us I wonder has any CEO ever thought of taking a pay cut? Don't start I've already been laughed at for that but seriously, The high prices in all aspects of our life ...more could be cut if the officials would first lead the way.
If you don't like Tim Bishop, don't vote for ...more him. But don't create lies about things you have no knowledge of. It's pathetic--especially at this time. Have a litle respect.