![]() The school had paid $3.36 million and had made substantial renovations. Last September, however, it sold the three Onawa Lane properties at auction for $1,793,000. Gee, resulting in personal benefit to him.”Īfter Gee’s firing, the school sold the Quonset Road home for a small loss. When the college bought the Onawa Lane properties, the lawsuit says, “the only known use for the properties was to serve as a residence for Dr. At the time, the school’s assets were just $3.2 million.Gee committed $1 million of the school’s funds toward the acquisitions, took on mortgages of $3.6 million, and committed the school to renovations of $1.5 million. ![]() In the lawsuit, Coakley noted that Gee decided to purchase three Onawa Lane properties for $3.36 million and, a year later, an adjoining Quonset Road home for $1.25 million. Much of the fiscal hangover from Gee’s presidency involves his 2009 decision to buy the waterfront compound on Oyster Pond in Falmouth with breathtaking views of Vineyard Sound, even though almost all of the school’s students take courses off-site in other states.īy far the most commanding view of Martha’s Vineyard was from the six-bedroom home atop a hill in the compound that was to have been Gee’s official residence. Robert Gee’s salary matched that of presidents of some major universities.īy contrast, only about 200 students are now enrolled at the National Graduate School, which offers master’s degrees in quality systems management.
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