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Mort Zuckerman, the billionaire owner of U.S. News & World Report and former owner of the New York Daily News, has ended his $200 million donation to Columbia University.
Zuckerman, who is Jewish, cited Columbia's "failure to address rising antisemitism”.
“The recent decisions and actions taken by Columbia have been antithetical to the university’s mission, and it is simply not the same institution it was when Mr. Zuckerman made the pledge”.
The philanthropist and billionaire Mortimer Zuckerman cut off millions of dollars in funding to Columbia University citing the school's fail
by Jessica Costescu
The philanthropist and billionaire Mortimer Zuckerman cut off millions of dollars in funding to Columbia University citing the school's failure to address rising anti-Semitism, the Washington Free Beacon has learned. Zuckerman pledged $200 million in 2012 to endow an institute focused on interdisciplinary neuroscience research. But the billionaire owner of U.S. News & World Report began questioning Columbia's handling of rampant campus anti-Semitism following Hamas's Oct. 7 attacks on Israel and ultimately halted funding after several months of discussions, according to a Zuckerman Family Office spokeswoman.FreeBeacon
"The recent decisions and actions taken by Columbia have been antithetical to the University's mission and it is simply not the same institution it was when Mr. Zuckerman made the pledge," the spokeswoman told the Free Beacon. "We will continue to evaluate the situation in the hope that Columbia will restore its reputation, standing and mission as a respected educational institution."
Zuckerman founded Boston Properties, a real estate investment trust, and ran it for nearly 50 years before stepping down as chairman in 2016. In addition to U.S. News & World Report, where he serves as editor in chief and publisher, Zuckerman also owned the New York Daily News for 24 years until he sold it in 2017.
The son of Ukrainian Jewish immigrants, Zuckerman has consistently donated to a variety of Jewish and pro-Israel causes. In 2016, for example, he launched a $100 million STEM initiative to provide scholarships for American and Israeli researchers, with the goal of fostering scientific collaboration between the United States and Israel.
For months, Zuckerman engaged in conversations with Columbia, raising concerns about the school's governance and handling of campus anti-Semitism following Oct. 7, the Zuckerman Family Office spokeswoman told the Free Beacon. Columbia, in response, requested time to "rebuild trust and demonstrate better governance."
But that rebuilding failed to take shape, prompting Zuckerman, a media and real estate mogul, to pause millions in funding. Columbia had become the forefront of campus anti-Semitism, with protesters eventually storming Hamilton Hall and barricading its entrance. In-person classes and the main graduation ceremony were canceled.
Property magnate Harry Macklowe skips rent at Mort Zuckerman’s GM Building
Property magnate Harry Macklowe skips rent at Mort Zuckerman’s GM Building
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New York property magnate Harry Macklowe has been skipping out on rent in the posh GM Building — a move that’s being seen as a slap in the face to his landlord and fellow real estate mogul Mort Zuckerman.
Macklowe, 83, stopped paying the more than $200,000-a-month bill for Macklowe Properties’ headquarters in the iconic 767 Fifth Ave. skyscraper when the coronavirus hit in March,…
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Tronc buys New York Daily News Newspaper company Tronc, which owns the Chicago Tribune and the Los Angeles Times, said it acquired the New York Daily News from media and property mogul Mort Zuckerman. Sourced through Scoop.it from: www.foxbusiness.com
The paper is reinventing the attention-grabbing, old-school front page as an agenda-setter on social media. But can that be a business model?
From @nymag.
The McLaughlin Group: Video: Chris Christie Jammed Up in New Jersey
The McLaughlin Group: Video: Chris Christie Jammed Up in New Jersey
. This post was originally posted at The New Democrat on Blogger
New Jersey Governor Chris Christie taking the I was in the dark about this defense. In the dark about the New Jersey traffic jam story or in the dark about his own administration. Remember Governor Christie likes to come off as a strong leader who doesn’t take let’s say…
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The McLaughlin Group: Video: The Best and Worst of 2014
The McLaughlin Group: Video: The Best and Worst of 2014
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I hate to say this as someone who voted for Barack Obama twice, but he is definitely the loser of 2014 at least as far as American politicians. In October, 2013 thanks to House Republicans shutting down government over the Affordable Care Act House Democrats actually looked like they had a shot at winning back the House in 2014 and…
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