Realtor Massey Knakal announced yesterday that the 114-year-old institution has put the residences, which, combined, could be valued at more than $41 million on the market — and is pitching them as a landlord’s dream.” [Emphasis mine]
As you can see from page 1 of the 2011 Form 990, for Employer ID No. 23-7227990, Brooklyn Law $chool received $80,855,438 in revenue for the tax year ending June 30, 2011. Please head down to line 20-22 on the front page. The trash heap had $255,511,349 in total end of year assets, while holding $98,061,104 in total end of year liabilities. This equates to an endowment of $157,450,245. This is small, in comparison to most colleges and universities. Simply put, the dung pit does not have much room for error.
With her departure, the school is turning its back on a short-lived experiment under which it was governed by two top administrators: a president handling business affairs and fundraising and a dean overseeing academics.
Dean Nicholas Allard, who was hired last July, will now have sole responsibility for running the 1,000-student school.
Wexler will begin a two-year sabbatical on June 30, school officials said. She will remain as a tenured faculty member at Brooklyn Law although there are no immediate plans for her to teach. She will continue to assist the school on the planned sale of six "smaller" properties in Brooklyn, said Eric Riley, the school's director of communications.
Wexler will assume the title of "dean and president emerita."
The change in her status comes shortly after Gary Minda, a tenured faculty member hired in 1978, filed a complaint with the American Bar Association claiming, among other things, that having a separate dean and president wasted resources and created confusion among administrators and faculty about who was in charge.” [Emphasis mine]
Conclusion: Crooklyn Law School is an absolute, overpriced trash pit. This second tier sewer ought to be boarded up and closed down permanently. The employment prospects for recent grads are abysmal, and the school is located in THE MOST GLUTTED LAWYER JOB MARKET in the entire country. Would you pay $30K for a 1987 Nissan Maxima wagon, with 297,000 miles on the odometer?!?! If you would not do so in that situation, then why in the hell would you even consider gambling with YOUR LIFE, be attending this corroded septic tank?!
Do you feel that you need to ruin your future, so that Pig Joan Wexler can maintain her lucrative, unjustified lifestyle and pay, Lemming? There are plenty of suckers and waterheads who will piss away their financial health, by choosing to enroll in this "law school." You don't need to be among the dolts. If you are upset that you are stuck in a lousy job, then imagine earning $35K-$40K per year, while owing $145K+ in total NON-DISCHARGEABLE debt - for a TT law degree.