A 42,000-square-foot private college just opened on the 16th floor of 25 Broadway in the Financial District, the Downtown Express reported. The Albany-based Mildred Elley college, offering two-year health sciences and nursing programs, opened Monday as a result of a recession-induced demand for new career training, said a college administrator. The Empire Education
Corporation shelled out $2.5 million for the space to accommodate the 105 students who enrolled this week. Harry Krausman, managing director of Cassidy Turley, the real estate firm that negotiated the deal on behalf of the school, said the
three-month negotiation process was a bit turbulent, as the college was bumped from the original floor they signed off on and had to redesign the space on the 16th floor to fit its needs. But he said the landlord was very receptive to the school. [Downtown Express]