The New School is a university in New York City, located mostly in Greenwich Village. The university is renowned for its teaching and its open intellectual environment. It has also launched or housed a range of important institutions such as the international think tank World Policy Institute, the Vera List Center for Art and Politics, the India China Institute, the Observatory on Latin America, and the Center for New York City Affairs. It also hosts the annual National Book Awards. Parsons The New School for Design is the university's highly competitive art school.