Nyack College Concludes Long Search
Nyack College/Alliance Theological Seminary leased 166k SF formerly occupied by NYC in 2 Washington St, owned by Moinian and Newmark Holdings. CBRE's Gerry Miovski and Christopher Mansfield began Nyack's search years ago, including in Midtown and Midtown South. Downtown's transit options turned out to be key for the commuter school, Gerry tells us, and Battery Park is a darn good amenity. He says this deal helps the Downtown live/work/play resurgence by adding"learn." Gerry adds the campus will include all the college trappings (admin, classroom, and lab space, plus music rooms and other liberal arts specs). On May 1, it will begin a phased move-in from the 22nd floor to the 17th, and it'll have a ground-floor lobby presence. It's a 20-year lease with options through 2042.
