NEW YORK CITY-St. John's University is planning a summer move of its School of Risk Management and English Language Institute from 101 Murray St. to 51 Astor Place.
It's new quarters will be housed in 71,000 square feet of leased space at the new 400,000-square-foot office building developed by Edward Minskoff. The deal is the largest lease signing thus far at the newly developed property.
St. John's sold the 101 Murray St. building earlier this year for $223 million. At its Astor Place campus, the university will build classrooms, meeting space, administrative offices, and the Davis Library.
Martha Hirst, St. John's chief operating officer and treasurer, said of its lease deal at 51 Astor: “This is a beautiful and well-designed building. The technology will be such that we can seamlessly do video conferencing with guest professors and overseas students anywhere in the world.” See story in Crain's New York Business.
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