Gift to establish Paul Rubacha Department of Real Estate

Read the full story written by Tom Fleischman in the Cornell Chronicle.

A $30 million gift from Paul Rubacha ’72, MBA ’73, will create an innovative, multicollege department of real estate, uniting partners across academia and industry, and building on Cornell’s strengths in engaged learning and impact-focused scholarship to increase opportunities for students and advance the field.

The Cornell Board of Trustees voted May 26 to approve the Paul Rubacha Department of Real Estate, to be managed between the College of Architecture, Art and Planning and the Cornell SC Johnson College of Business.

“I’m deeply grateful to Paul for his support, which is allowing us to strengthen Cornell’s academic distinction in so many exciting ways,” said President Martha E. Pollack. “The Paul Rubacha Department of Real Estate will open tremendous new possibilities for our faculty and students: enabling new collaborations across disciplines, with industry practitioners, and between programs in Ithaca and New York City.”