Rutgers to sell land to coach
From the Star Ledger:
Rutgers approves land sale to Schiano
BY KELLY HEYBOER
Rutgers University's governing board approved an unusual deal yesterday to sell a portion of the school's ecological preserve to its football coach to build a house.
Coach Greg Schiano will buy a wooded parcel near the Raritan River in Piscataway for "market rate," according to the agreement. Though the appraisal is not complete, Schiano is expected to pay Rutgers between $200,000 and the low $300,000s for the 0.85-acre tract, campus officials said.
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The coach, who has wanted to move closer to Rutgers Stadium for years, will build a house for his family on the hilltop property near the corner of Logan Lane and Hillcrest Drive. The lot is less than a mile from the Scarlet Knights' facilities.
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Schiano's new seven-year contract includes a provision requiring the university to help find the coach new housing, said Jonathan Alger, Rutgers' vice president and general counsel.
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The university bought the undeveloped tract from the Piscataway Charter Realty Corp. in 1945.
Some environmental activists are upset about the potential sale, which was approved by the Rutgers board with no public debate.
"I'm outraged. There is no respect for this ecological preserve," said Sue Kozel, a Rutgers alumna who hikes in the preserve.
4 Comments:
That's not market rate for this area and on a prime spot near the river.
It's actually not on the river, it's right next to Route 18 North of River road. Maybe he can see the river from there between the passing trucks.
It probably still isn't market rate though.
On the plus side that site was already ruined by the RT 18 expansion so it's not like they are taking a pristine wilderness spto.
I don't see the problem here. If this helps Rutgers football team mor epower to them. It is not like he is buying university land to build a subdivision or something.
Anon 10:11
Then it would be smarter for the University to just build a house in that spot for the use of whoever is the current coach rather than sell it to a private citizen currently employed by Rutgers.
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