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For the district in Japan, see Nyū District, Fukui. On April 18, 1831, an institution was established, with the support of a group of prominent New York City residents from the city’s merchants, bankers, and traders. It became one of the nation’s largest universities, with an enrollment of 9,300 in 1917. NYU had its Washington Square campus since its founding.
In 1950, NYU was elected to the Association of American Universities, a nonprofit organization of leading public and private research universities. In the late 1960s and early 1970s, financial crisis gripped the New York City government and the troubles spread to the city’s institutions, including NYU. In 2009, the university responded to a series of New York Times interviews that showed a pattern of labor abuses in its fledgling Abu Dhabi location, creating a statement of labor values for Abu Dhabi campus workers. 35,000 applicants to over 67,000 in 2017. This has caused, even with the addition of a substantially sized engineering school, for the acceptance rate to significantly drop. NYU’s board of trustees is currently one of the largest and most powerful in American academia. The university logo, the upheld torch, is derived from the Statue of Liberty, signifying NYU’s service to New York City.