The Real Deal New York

The Brearley School files plans to expand UES campus

The $100M project will be funded in part by $50M in tax-exempt bonds

September 13, 2016 12:35PM
By Chava Gourarie

Brearley School at 610 East 83rd Street on the Upper East Side

The Brearley School will expand its campus with a new 12-story building on the corner of East End Avenue and East 83rd Street, according to plans filed with the city on Tuesday.

The elite all-girls private school won approval for $50 million in tax-exempt bonds to help fund the expansion plans.

The new building, at 590 East 83rd Street, is adjacent to the school’s current 12-story building and will span 79,000 square feet, according to Department of Buildings filings. The new building will include, along with classrooms and offices, an exercise room, library, two-level auditorium and gym.

Brearley did not immediate return a request for comment.

The private school paid $26.4 million in 2010 to purchase three apartment buildings at 70-74 East End Avenue to to make way for the new facility. Brearley also plans to renovate its current 117,180-square-foot location at 610 East 83rd Street. Tuition at Brearley is north of $43,000 a year.

To fund construction, Brearley planned to use $37.5 million from a capital campaign and $20 million from its $132.5 million endowment, in addition to the bond money, Bloomberg reported last year.

KPMB, a Toronto-based architecture firm, is the architect of record. KPMB has also developed projects at Princeton, Yale and Northwestern University.

Notable alumni include politician Caroline Kennedy, former publisher of the Washington Post Katharine Weymouth and actress Tea Leoni.