The New York Times reports today on the Cobble Hill brownstone purchased by St. Ann’s School to lure its new headmaster, Vincent Tompkins:
NYT: It was a sale much like many others in that desirable enclave, except for one thing: the buyer was a school, Saint Ann’s, which had decided to purchase a residence as part of the lure for a new headmaster, Vincent Tompkins, who was then the deputy provost at Brown University.
Many of the elite schools that provide housing bought it years ago, when real estate was not nearly so expensive. So the Saint Ann’s search was a major undertaking, with the board of trustees contributing generously to the purchase, said Peter Darrow, president of the board.
Buying the house not only solved the problem of where Mr. Tompkins, who has three children, would live, but also made the school more competitive with its peers in attracting heads of school, and gave it a place for formal and informal gatherings for faculty members, alumni, parents and students.