Columbia University has abruptly severed ties with a $96 million regeneration fund for Manhattanville, a historic neighborhood in Upper Manhattan. The decision comes after decades of alleged mismanagement by a nonprofit organization tasked with overseeing the project. The fund, established to revitalize the area, has been plagued by financial missteps, bureaucratic red tape, and a lack of transparency. As a result, the university has opted to take control of the project, raising questions about the future of the Manhattanville regeneration and the accountability of those involved in its management.
Columbia washes hands of $96M Manhattanville regeneration fund after decades of mismanagement by nonprofit New York Post
