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Academy helped buy its boss a new home. She left in under 6 years.
The Brooklyn Academy of Music in New York on Nov. 2, 2019. In an effort to lure a new top leader in 2015, the academy provided its incoming president with a $968,000 bonus to help buy an apartment. Emily Gilbert/The New York Times.
by Robin Pogrebin
(NYT NEWS SERVICE)
.- One of the perks of leading premier cultural institutions, besides the substantial salaries, is the use of elegant apartments, which are often owned by arts organizations and passed from one top executive to the next.
But the Brooklyn Academy of Music took it a step further in 2015 when Katy Clark became its president. The organization gave its new leader nearly half the purchase price of a $1.9 million, three-bedroom prewar home overlooking Prospect Park that she could call her own.