Every college or university has good and bad faculty, and in almost every field. What really counts is the accomplishments or shortcomings of those who get degrees, both undergrad and grad, from these schools. This cannot be assessed in a short time span and should be left to the future. NYU, in my view, has never been a university of high quality, even if many are happy there on the faculty because they want to life in New York City. Many students choose NYU for reasons that also have little to do with quality and much to do with the environment.