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Columbia Heads to Summer Break With Reputation Scarred by Tumult
Columbia Heads to Summer Break With Reputation Scarred by Tumult

Bloomberg

time22-05-2025

  • Business
  • Bloomberg

Columbia Heads to Summer Break With Reputation Scarred by Tumult

By , Claire Ballentine, and Nacha Cattan Save Columbia University is typically one of the most popular schools among Leelila Strogov's clients. But this year, the head of New York-based college counseling company AtomicMind says applications plunged. To her, the issue is simple: Parents paying nearly $100,000 a year want to know their kids will be able to go to college uninterrupted, without worrying about protests and libraries being taken over.

Columbia Cuts 180 Employees After ‘Intense' Strain of Losing Federal Funding
Columbia Cuts 180 Employees After ‘Intense' Strain of Losing Federal Funding

Bloomberg

time06-05-2025

  • Business
  • Bloomberg

Columbia Cuts 180 Employees After ‘Intense' Strain of Losing Federal Funding

Politics By and Nacha Cattan Updated on Takeaways NEW Columbia University will cut 180 staffers working on research impacted by the Trump administration's withdrawal of federal funding for grants, university leadership said in a statement Tuesday. The university said the financial strain had become 'intense' as it continued to fund individuals whose salaries and stipends had until recently been funded with federal support. The reductions amount to 20% of individuals employed by Columbia who were funded at least in part by now-terminated grants.

How NYC's Zoning Reform is Subtly Changing The City's Landscape
How NYC's Zoning Reform is Subtly Changing The City's Landscape

Bloomberg

time07-03-2025

  • Business
  • Bloomberg

How NYC's Zoning Reform is Subtly Changing The City's Landscape

New York City's landmark zoning reform is already having an impact. In Manhattan's Sutton Place neighborhood, plans to convert the Archdiocese of New York building into apartments got a boost: After the passage of the "City of Yes" plan in December, the project can create 75 more apartments. In the Bronx, a planned affordable housing development can also build bigger. The changes to the city's landscape will be subtle — a few extra stories here, a granny flat there, apartments without the mandate to build a new parking lot. But despite being watered down by compromises, the reforms are projected to create 80,000 new units in the next 15 years — if construction costs don't get in the way. Read more about what the overhaul looks like from from Sarah Holder, Nacha Cattan, Marie Patino, and Fola Akinnibi, today on CityLab: Where New York City's Zoning Reform Will Add Housing

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