Landmarks Gives Pace U. the Go Ahead

Pace University’s 41 Park Row is headed for an upgrade as part of a $190 million re-development.

NEW YORK CITY—The New York City Landmarks Preservation Commission has approved Pace University’s plan to reposition its building at 41 Park Row. Approval of the exterior design completes city-mandated review of the proposal, clearing the way for launch of the University’s $190 million plan to modernize and expand its Lower Manhattan campus.

“I am pleased to announce that the University has received approval from the NYC Landmarks Commission to move forward with the renovations to historic 41 Park Row,” says Jean Gallagher, VP for strategic initiatives. “This is a significant milestone that allows us to begin the transformation of the NYC Campus and the implementation of Phase I of the NYC Master Plan.”