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MONACO v. NEW YORK UNIV.

Index No. 100738/14. Appeal No. 15034, Case No. 2021-00792.

204 A.D.3d 51 (2022)

164 N.Y.S.3d 87

2022 NY Slip Op 01125

MARIE MONACO et al., Appellants, v. NEW YORK UNIVERSITY et al., Respondents.

Appellate Division of the Supreme Court of New York, First Department.

Decided February 22, 2022.

Attorney(s) appearing for the Case

Gladstein, Reif & Meginniss, LLP, New York City ( Katherine H. Hansen , Beth M. Margolis and Jessica E. Harris of counsel), for appellants.

Kelley Drye & Warren LLP, New York City ( Barbara E. Hoey and Damon W. Suden of counsel), for respondents.

Bantle & Levy LLP, New York City ( Robert L. Levy of counsel), for amici curiae.

GISCHE, J.P., KERN, FRIEDMAN and SINGH, JJ. concur.

OPINION OF THE COURT

We are asked to decide a novel issue—whether "economic security" guaranteed to tenured professors protects them from the imposition of a policy mandating a salary reduction if they fail to obtain sufficient grants to fulfill their extramural funding goals. The implication of our decision on the issue...

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