PDA

View Full Version : 3 School Projects Downtown



Kris
October 12th, 2003, 03:24 PM
New York Daily News - http://www.nydailynews.com

School comes to Wall St.

By LORE CROGHAN
DAILY NEWS BUSINESS WRITER

Saturday, October 11th, 2003

New York Law School wants to sell its Tribeca home and build a new one - at the site where the New York Stock Exchange once hoped to expand.

The school is mulling a move to 23 Wall St. and adjoining 15 Broad St., where it would take 300,000 square feet for classrooms plus an equal number for dorms, sources told the Daily News.

That's where the stock exchange was going to build a new trading complex until that plan was scrapped last year.

"We need to give students a comfort zone in the city, a feeling they are coming into a community," Richard Matasar, the dean, told the News, explaining the school's need for dorms.

The law school's plan is one of three academic projects on the drawing board downtown - encouraging news for a neighborhood that's been struggling to revive since Sept. 11.

The Borough of Manhattan Community College hopes to tear down Fiterman Hall and construct a new facility on the site, said spokeswoman Lou Anne Bulik. The building at 30 West Broadway was damaged beyond repair by the collapse of 7 World Trade Center.

Now short on space, the college is seeking to rent 180,000 square feet at 75 Park Place, across from Fiterman Hall, she said. "It's been two years now, and we need a solution," she added.

A third player, Pace University, is looking to expand by almost 400,000 square feet. The school is part of a group bidding to buy NYU Downtown Hospital's parking lot at 170 William St., to build a mixed-use development with dorms and classrooms.

"It's a natural for us - because of our location, and our oft-stated commitment to the revival of downtown," said Pace spokesman Chris Cory.

Moving to Wall Street is the most interesting option New York Law School is considering. It could decide to build from scratch at a site near Ground Zero. Or it may keep its four handsome limestone buildings on Worth Street - and build a dorm in the parking lot.

It has hired real estate brokerage Studley to help it sort things out.

Developer Shaya Boymelgreen, who recently bought the Wall Street property, is converting part of it into apartments but marketing the rest to commercial tenants.

The landmarked portion of the site, 23 Wall, the original 1914 J.P. Morgan headquarters, is ideal for a school because it was recently rebuilt as a state-of-the art conference center. It also has historic touches like wood-paneled boardrooms.

But whatever the law school builds will be in lower Manhattan.

"There's a sense our future is connected to the future of downtown," Matasar said.

TLOZ Link5
October 12th, 2003, 05:55 PM
I'd love to hear about new high schools. Millennium High School was a great addition to a neighborhood that already included Stuyvesant. It's still sad, however, that much of this attention to Downtown only came after 9/11.

DaCrystallineAngel79
October 12th, 2003, 05:56 PM
that reminds me.. i heard that there's a high school in an old ice cream factory... :lol: