ITHACA, NY (607NewsNow) – The deed to the Cornell president’s mansion is changing hands.
The historic Robin Hill home in Cayuga Heights has reportedly been sold to an alumnus for nearly $2.8 million.
The estate, purchased by Cornell in 1963, was listed for sale in May. A University spokesperson said the sale was “keeping with Cornell’s commitment to responsible stewardship of university assets.”
The buyer, who wishes to remain anonymous, intends to preserve the property.
According to the Cornell Daily Sun, the President’s Mansion will now generate nearly $70,000 in annual property taxes.
