I went to Rutgers and don't remember anywhere called "the red square". What quadrangle are you talking about? Which campus?
This idea died a violent internet death the moment it was announced. The pissy liberals who think up such nonsense rarely grow into financially contributing alumni, who were close to universally opposed.
Newark campus
I too went to Rutgers and do not recall any such place. Maybe it's the spot outside Paul Robeson's dorm room.