Ohio State wants to buy the Pizzuti House presidential residence in Bexley for $1

Ohio State wants to buy the Pizzuti House presidential residence in Bexley for $1

June 1, 2016

Ohio State University is set to buy the Bexley mansion used by the school’s president for no more than $1, a bargain borne out of a desire to streamline ownership.Ron Pizzuti and his wife Ann Pizzuti in 2000 donated the house at 80 N. Drexel Ave. in Bexley to the Ohio State University Foundation, the school’s primary fundraising arm. In 2007 the foundation transferred ownership to a subsidiary, Clifton Holdings LLC, which began leasing the property to the university for $1 a year.

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