Pace to open dorm in Lower Manhattan

Pace University has signed an agreement with SL Green Realty for a 24-floor residence hall to be constructed at 180 Broadway, at the corner of John Street, in Lower Manhattan. Demolition is already underway at the building, which is expected to open in 2013, and will include retail space on the first three floors, plus one floor reserved for student activities. The new hall, designed by Karl Fischer, will replace the roughly 600-bed location the school currently leases in Brooklyn Heights, and is part of a university-wide construction effort. Other Pace residences downtown are at 55 John Street, 106 Fulton Street and at 1 Pace Plaza. Pace was represented by David Falk of Newmark Knight Frank in the 180 Broadway deal. TRD

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