New 750k House for the President

[Kolumbo]

88 Gurleyville Rd, Storrs Mansfield, CT 06268 | Zillow

https://boardoftrustees.uconn.edu/w...2019/06/Att.-25-88-Gurleyville-Road-Final.pdf

 

[freescooter]

I think it's a standard perk for all major universities and private colleges. The head coaches get numerous season tickets for sporting events, free cars, etc.

Is this the same house the university started renting when the president prior to Suzie claimed his wife couldnt live in the old president's house due to allergies?

Um it has been a major part of college presidents lives for maybe 200 years or so. More if you include European schools. Good grief some of you are just amazingly cheap. UConn is a state university. Of course it will spend “taxpayers” funds on various function. Some like AReal Estate might be self supporting. Others like athletics are not. And the UConn budget is $2.4 BILLION. They probably spend move than $750000 on office supplies. The Presidents of every major university and college in the country have something comparable. The old one is pretty nice but needs a major renovation. Honestly. We just incurred a $20 million bill changing leagues and gave up $5 million in payment so we can MSG. And people are complaining about this. U.N.-freaking-real.

 

[Chief00]

I was just reading about this. This is a bargain for a new president of one of the nations top universities. Absolute bargain. UConn was already leasing the building and paying taxes and fees on it. I'm suprised UConn didn't spring for a home twice as much. Plus...

"UConn said no taxpayer money or tuition funds will be used to buy the property. Instead, the school will use funds generated from rental and other income from university-owned real estate.

"The university purposely funded the purchase of the home in this manner so no funds would be diverted from other university operations for this purpose, including academics," UConn spokeswoman Stephanie Reitz said."

Stephanie Reitz is in a make believe World - this is all right pocket, left pocket stuff.

 

[Scrutineer]

88 Gurleyville Rd, Storrs Mansfield, CT 06268 | realtor.com®

See sales history and home details for 88 Gurleyville Rd, Storrs Mansfield, CT 06268, a 5 bed, 6 bath, 5,194 Sq. Ft. single family home built in 2001 that was last sold on 09/27/2019.

www.realtor.com

How long before his wife wants the blue cabinets in the kitchen replaced?

 

[huskyrob1]

I was just reading about this. This is a bargain for a new president of one of the nations top universities. Absolute bargain. UConn was already leasing the building and paying taxes and fees on it. I'm suprised UConn didn't spring for a home twice as much. Plus...

"UConn said no taxpayer money or tuition funds will be used to buy the property. Instead, the school will use funds generated from rental and other income from university-owned real estate.

"The university purposely funded the purchase of the home in this manner so no funds would be diverted from other university operations for this purpose, including academics," UConn spokeswoman Stephanie Reitz said."

Lieutenant, I don't mean to nitpick but UConn was not paying any property taxes on the building while they rented it from the Lodewick's. The Lodewick's were paying the taxes. UConn payed only rental fees and payed for the maintenance upkeep of the building and grounds.

 

[Pudge]

The UConn President is going to making upwards of $1M dollars a year - which I assume is in line with other major state universities.

Just odd to me they get a house on top of that for a job that amounts to shaking a few hands and spending other people's money.

Do you speak Chinese?

Apparently you are missing a MAJOR component of the Job. They need elegant space to entertain donors and fundraise and recruit faculty and meet the Governor and other functions of importance. Sure … there also is a Traditional element - University President's at Major Universities always have this landmark building at every Major State U (didja ever wonder why there is a White House or a Governor's Mansion in your state … or even the Blue House in South Korea>?). Ensures a high end reception space for dignitaries - beyond just the Development office or Alumni hall.

Culturally … this is accepted in Academia as it is in Government.

 

[ConnHuskBask]

Culturally … this is accepted in Academia as it is in Government.

That says it all. Lol.

 

[Chin Diesel]

For comparison purposes, a very wealthy attorney donated one of his homes, an $8M estate. to Mike Beaudry's old school's president.

Levin donates $8 million Tanglewood estate to University of West Florida

The university closed on the 7,500-square-foot Bayou Texar property on Friday. The property and its belongings have been appraised at $8 million.

www.pnj.com

 

[Da_Aisijimo_Gou]

Do you speak Chinese?

In this instance, all evidence above strongly suggests ConnHusk would not be helped by Chinese fluency.

However, a few top Chinese university presidents I’ve met appear to live pretty darn comfortably. Nope, neither odd nor weird just benies of the job and connections.

 

[Kolumbo]

Lieutenant, I don't mean to nitpick but UConn was not paying any property taxes on the building while they rented it from the Lodewick's. The Lodewick's were paying the taxes. UConn payed only rental fees and payed for the maintenance upkeep of the building and grounds.


View attachment 44429

Actually, what I read was that UConn was only paying the property taxes but was not required to pay rental fees. Nevertheless, it is a property which is an expense for the U. Better to have UConn buy up the properties than the local townies. More space for the new football stadium.

 

[Kolumbo]

Actually, what I read was that UConn was only paying the property taxes but was not required to pay rental fees. Nevertheless, it is a property which is an expense for the U. Better to have UConn buy up the properties than the local townies. More space for the new football stadium.

View attachment 44430

BOT Minutes:

Buy the cow if the milk's not free.

"The university has leased the home for several years, most recently at no cost to UConn. However, the university does pay local property taxes on the house in the amount of approximately $18,000 a year and is responsible for its routine maintenance and upkeep. "

 

[LoyalFanCT]

You can't both scold UConn for spending on a president's house and then complain they are not fundraising enough. One is needed for more donations. That is the case whether it is a public or private university. It also may be used when presidents of out of state schools playing in CT attend a game and later meet with the UConn president. Or, when presidents visit to work out athletic conference membership -- ACC or Big 10 -- or even scheduling a game during our immediate future.

 

[huskyrob1]

BOT Minutes:

Buy the cow if the milk's not free.

"The university has leased the home for several years, most recently at no cost to UConn. However, the university does pay local property taxes on the house in the amount of approximately $18,000 a year and is responsible for its routine maintenance and upkeep. "

Son of a gun, that's what Scott Jordan's letter does say. My mistake, I thought I heard exactly the opposite at the BOT meeting when Scott spoke. I should pay attention.

 

[brasssbonanzaa]

I wouldn't focus on the UConn president's house -- wait until the basketball fans start demanding the quarter of a billion dollars to fix the XL Center. It may end up being more. And right now, it's largely to benefit the UConn basketball programs. There are other venues in Hartford for conferences and trade shows. Unless, CT can somehow get a professional indoor sports team to play in Hartford, how is this supposed to pay for itself?

Is it possible for you to complete a post here without creating a straw man?

 

[Scrutineer]

Um it has been a major part of college presidents lives for maybe 200 years or so. More if you include European schools. Good grief some of you are just amazingly cheap. UConn is a state university. Of course it will spend “taxpayers” funds on various function. Some like AReal Estate might be self supporting. Others like athletics are not. And the UConn budget is $2.4 BILLION. They probably spend move than $750000 on office supplies. The Presidents of every major university and college in the country have something comparable. The old one is pretty nice but needs a major renovation. Honestly. We just incurred a $20 million bill changing leagues and gave up $5 million in payment so we can MSG. And people are complaining about this. U.N.-freaking-real.

I get all that about having a proper home for the President, but some of us wonder how we could have spent $1 Million on this house a few years ago and now need to spend $1-2 Million to replace the roof and plumbing? What world do people live in if they believe that is a rational estimate? It isn't rational but makes a convenient excuse, no matter how weak.

For starters, let's ask why the roof needs to be slate. If the house is so stately it demands slate then the house must be valuable enough to properly renovate it this time.
Plumbing? You could rip out all the walls and do the plumbing at prices nowhere near these $.
What else needs to be done to require that level of expenditure?

How about developing complete specs and drawings and publicly bidding the work?

If it's so decrepit, give it to me and I'll renovate it and sell it to Kemba Walker to use when he comes to Gampel from Boston for a game or two.

 

[uconnfan68]

The UConn President is going to making upwards of $1M dollars a year - which I assume is in line with other major state universities.

Just odd to me they get a house on top of that for a job that amounts to shaking a few hands and spending other people's money.

Tv just said a little over $500k, and Sue was a little over $600k.

 

[huskymedic]

I get all that about having a proper home for the President, but some of us wonder how we could have spent $1 Million on this house a few years ago and now need to spend $1-2 Million to replace the roof and plumbing? What world do people live in if they believe that is a rational estimate? It isn't rational but makes a convenient excuse, no matter how weak.

For starters, let's ask why the roof needs to be slate. If the house is so stately it demands slate then the house must be valuable enough to properly renovate it this time.
Plumbing? You could rip out all the walls and do the plumbing at prices nowhere near these $.
What else needs to be done to require that level of expenditure?

How about developing complete specs and drawings and publicly bidding the work?

If it's so decrepit, give it to me and I'll renovate it and sell it to Kemba Walker to use when he comes to Gampel from Boston for a game or two.

>>The building’s outward appearance and condition are good. However, it has been determined that the building requires substantial deferred maintenance including totally replacing its slate roof; replacing its windows; addressing water seepage; replacing its HVAC system; refurbishing and/or renovating floors and rooms, and replacing facia, soffits and gutters, among other needs. The need for some of this work has been longstanding, but delayed for a number of years. The fact the building is considered “historic” in nature will drive-up the cost of such work, particularly the replacement of the slate roof, as replacement materials must meet exact specifications and the work must be completed and overseen by individuals with specialized training to work on historic structures. Due to the age of the building, it is very likely that costly environmental remediation would have to be conducted as part of any significant project, including the likely remediation of PCBs in numerous locations. In addition, the condition of the structure in areas that are not visible is largely unknown, and the condition of these areas, once known, could represent additional costs. This is common in older buildings.<<

 

[huskyrob1]

I get all that about having a proper home for the President, but some of us wonder how we could have spent $1 Million on this house a few years ago and now need to spend $1-2 Million to replace the roof and plumbing? What world do people live in if they believe that is a rational estimate? It isn't rational but makes a convenient excuse, no matter how weak.

For starters, let's ask why the roof needs to be slate. If the house is so stately it demands slate then the house must be valuable enough to properly renovate it this time.
Plumbing? You could rip out all the walls and do the plumbing at prices nowhere near these $.
What else needs to be done to require that level of expenditure?

How about developing complete specs and drawings and publicly bidding the work?

If it's so decrepit, give it to me and I'll renovate it and sell it to Kemba Walker to use when he comes to Gampel from Boston for a game or two.

The Oak Hill House was built by the Dept of Public Works back in 1940 IIRC. I doubt if it cost $1,000,000. Unless I missed a major renovation somewhere along the way.

 

[ConnHuskBask]

Tv just said a little over $500k, and Sue was a little over $600k.

$823K Total Comp and that was from 2016/2017

 

[Duncan Idaho]

The Oak Hill House was built by the Dept of Public Works back in 1940 IIRC. I doubt if it cost $1,000,000. Unless I missed a major renovation somewhere along the way.

It was done around Hogan's time. The Foundation also bought a house in West Hartford a few years ago for receptions fundraising...

 

[gopher2]

Talk about misinformation. Well here goes, actually the real estate part of UConn does have money and quite a bit, thanks to all of Uconn's rental properties. It's been very profitable for the school. The house being given to the new president has been rented, managed, and maintained by the University for many years from the Lodewick family, the family approached the school with a sell offer and the owners and the school agreed to a price of $740,000 IIRC. The one Susan Herbst now lives in is the one that needs all the work. The roof leaks, plumbing repairs are needed etc. It's a slate roof too so it will be mega bucks. The BOT thought that it would be cheaper right now to give Dr Katsulas the Lodewick house than to spend $2,000,000 to fix Herbst's house. Bottom line, the BOT thought it more prudent to spend $2,000,000 on "other things" than to fix Susan Herbst's leaky roof. Trust me it's closer to $2,000,000 than $1,000,000.

Sounds like Herbst trashed the place like it was a Carriage House apt.

 

[huskyrob1]

Sounds like Herbst trashed the place like it was a Carriage House apt.

Think Tom Hanks and Shelly Long.............





The Money Pit - Laugh [Movie Clip] Complete! English (1986)

 

[Da_Aisijimo_Gou]

It was done around Hogan's time.

So, roughly a decade ago

 

[huskyrob1]

So, roughly a decade ago

No that's wrong, Oak Hill was built in 1940 to serve as the presidents house.

 

[Da_Aisijimo_Gou]

No that's wrong, Oak Hill was built in 1940 to serve as the presidents house.

So, you weren’t referring to a reno during Mike Hogan’s 2007-10 tenure? OK