A Job Worth $3.8 Million … In Real Estate

Home Live Wire A Job Worth $3.8 Million … In Real Estate

The New York Times reported yesterday that Saint Ann’s School bought a $ 3.8 million Cobble Hill town house to lure in their new headmaster, Vincent Tompkins, the former deputy provost at Brown University. According to the Times, this is not an uncommon practice for private schools, but not the norm either. The article cites a survey by the National Association of Independent Schools according to which 283 of the 1,261 schools that answered said they provided on-campus housing, while 171 said they give a housing allowance. Saint Ann has gone a long way from when its founder, Stanley Bosworth, said he “enjoying scandalizing and scaring away the bourgeoisie,” concludes the Times.

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