Architect Michael Graves left three of his properties on Patton Avenue in Princeton, including his home and his studio, to Princeton University. But the university turned down the bequest, saying it could not meet the conditions attached to the sale, which included preserving the houses and using them for educational purposes. The properties are valued at $3.2 million.
Kean University agreed to the conditions and plans to buy the properties for $20. Kean has a new architecture and design program named for Graves called Michael Graves College.
For more on this story, read the New York Times piece about the bequest.