182 Broadway Officially Opened in Ribbon Cutting Ceremony
NEW YORK – Pace University officials formally opened the new residence hall for Pace students at 182 Broadway in lower Manhattan on Monday afternoon in a ribbon cutting ceremony. The ribbon cutting was followed by an open house with tours and reception.
Pace officials on hand included President Stephen J. Friedman, Senior Vice President and Chief Administrative Officer William J. McGrath, Provost Uday Sukhatme, PhD, and Dean for Students Marijo Russell-O’Grady. President of the Residence Hall Association at Pace’s lower Manhattan campus, Steven Nolte, and Student Government Association President Michael Creneti represented students.
“This new 23-story residence hall provides wonderful housing for 600 students,” said Friedman at the ribbon cutting ceremony. “It is just one of three new buildings in our growing footprint in Lower Manhattan. Earlier this year, we opened a new Performing Arts Center at 140 William, home to Pace Performing Arts, one of our fastest growing programs and one of the best in the nation. And in 2015, we will welcome 700 students to Beekman Tower, another residence hall under construction at the corner of Beekman and William.”
“This new residence hall will be a major enhancement for generations of Pace students who value the experience of living and learning in lower Manhattan,” said McGrath. “We’ve been providing professional leaders and scholarship to the community since we started here 107 years ago, and we intend to be a force in the area’s continuing rebirth.”
The official unveiling followed four years of planning and construction as part of Pace University’s Master Plan to revitalize its campuses in lower Manhattan and Westchester County, NY.
The residence hall at 182 Broadway opened its doors this fall to students. Other University residences downtown are at 55 John Street, 106 Fulton Street and in the University’s multi-function building at 1 Pace Plaza, just east of City Hall. Construction recently began on another new residence hall at 33 Beekman Street. The university broke ground last week on a $100M revitalization project for its Pleasantville campus which includes two new residence halls and several other enhancements.
SL Green has conveyed a long-term ground lease condominium interest to Pace for the residence hall portion of the new building at 182 Broadway. Karl Fischer Architect from Montreal, Canada, with offices in New York City, is behind the design of the building. Pace’s real estate interests were represented by David A. Falk of Newmark Grubb Knight Frank; it was represented legally by Stroock & Stroock & Lavan LLP.
About Pace University: Since 1906, Pace University has produced thinking professionals by providing high quality education for the professions on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, College of Health Professions, School of Education, Law School, and Seidenberg School of Computer Science and Information Systems. www.pace.edu