From left: James Stuckey and Stephanie Bonadio

Former Schack Institute of Real Estate dean James Stuckey was accused of sexually harassing a New York University administrator, in a suit filed in the Manhattan Supreme Court by the woman, who claims her accusations also prevented her from nabbing a top-paying job at the school.

The New York Daily News reported that Stephanie Bonadio claimed in the suit that when she asked Stuckey about a pending promotion during a dinner, he tried to get her to perform a sexual act. [more]

James Stuckey resigned from his post as the dean of New York University’s Schack Institute of Real Estate earlier this month because of sexual harassment allegations, according to the New York Post.

At the time of his resignation, university spokespeople had said Stuckey quit for health reasons. But the Post said he had been pushed out when NYU officials confronted him with accusations that he sexually harassed women at the university. [more]

James Stuckey, the divisional dean of the New York University Schack Institute of Real Estate resigned abruptly this past Friday, the school told The Real Deal, in a situation reminiscent of how he departed four years ago from a top job at the development firm Forest City Ratner Companies. At NYU, Stuckey left behind a mixed legacy in his two-year tenure, forcing through what some described as necessary changes to improve the school, but was criticized with operating with what they saw as an arrogant and biased management style.

Stuckey resigned last Friday “effective immediately,” said Paola Curcio-Kleinman, executive director of strategic marketing and communications for the School of Continuing and Professional studies, of which the Schack Institute is a part.

She said the school would likely make an announcement in the next few days about who would lead the division, but beyond that she would not comment. [more]

Most of the newcomers that rushed into the New York City real estate market during the boom have all but disappeared, the Wall Street Journal reported, making banks nervous to lend to first-time developers.
The banks “have set the bar too high for small developers to participate this time in the market,” said veteran developer Adam Gordon. “The opportunities for a fresh face without a large balance sheet are extremely limited without funding, which is the oxygen for these projects.”
It has always been somewhat unusual for young people to fly solo on small independent projects, the Journal said, but it’s become almost impossible. “If they all define themselves linearly, as putting together an equity fund and building a boutique building…then you’ve created clones who only know how to think one way,” said James Stuckey, dean of NYU’s Schack Institute of Real Estate, of his students. [more]

James Stuckey

The New York University School of Continuing and Professional Studies
is going to be offering a new real estate master’s program, the school
announced today. Part of the NYU Schack Institute of Real Estate, the
42-credit Master of Science in Real Estate Development will offer three
concentrations: sustainable development, the business of development
and global real estate. “Real estate developers must be conversant in
an ever-growing number of disciplines,
which range from sustainable building to the numerous steps required to
begin and complete a project overseas,” said NYU Schack Divisional Dean
James Stuckey. “The [new master's degree] will equip students with the
skill set they need to meet the challenges and seize the opportunities
that the commercial real estate industry offers.” TRD

[more]

James Stuckey, the divisional dean at the NYU Schack Institute

NYU’s Schack Institute of Real Estate has unveiled a new academic center focusing on sustainable real estate development. The Center for the Sustainable Built Environment will allow students to pursue studies in green building, according to a press release sent from the university. James Stuckey, the divisional dean at the NYU Schack Institute, said that the program addresses key issues currently facing real estate professionals today. “Developing energy-efficient, environmentally friendly buildings and infrastructure, and supporting technologies and regulations which allow that development to happen, are chief among the challenges facing the real estate industry today,” Stuckey said in a written statement. This news comes on the heels of an announcement last month that the program would be launching a new academic journal. TRD [more]

In an effort to better brand the NYU Schack Institute of Real Estate as
a multi-faceted professional school, James Stuckey, the school’s
divisional dean and clinical professor, is planning to publish a
quarterly real estate academic journal that will set apart the Schack
name from other real estate educational institutes. While other real estate schools around the country, including the
University of Pennsylvania’s Wharton School of Business, have been
putting out real estate academic journals for years, Stuckey said NYU’s
yet-unnamed Schack’s journal will be farther reaching and cover more
topics than traditional academic real estate journals. “The NYU Schack real estate journal will cover all disciplines of real
estate around the country and the world, especially in markets like Asia and South America,” he said. “While there are
separate journals for different facets of real estate, you rarely find
one that pulls together all the different parts of real estate and
examines the impacts they have on each other in a [systematic] way,” he
added. [more]