The Real Deal New York

More space for Pace as university inks FiDi expansion

February 05, 2014 12:55PM

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161 William Street

161 William Street

Longtime Lower Manhattan resident Pace University is picking up additional space at 161 William Street.

The school signed a seven-year lease for the entire 11,552-square-foot 10th floor — the 19th in its spread at the 22-story building. Rents for the new space were in the mid-$30s per square foot. Dennis Brady of Jack Resnick & Sons represented the landlord in-house, while David Falk and Kyle Ciminelli of Newmark Grubb Knight Frank represented Pace.

Pace will move onto the floor in the Jack Resnick & sons-owned building on April 1, replacing RBSD Architects, which is reportedly moving into a smaller space in the area.

The university houses classrooms, offices of its Seidenberg School of Computer Science & Information Systems, the school’s business incubators and conference center at the FiDi locale. Pace also recently opened a 24-story dormitory at SL Green’s 180 Broadway. [NYO]Julie Strickland

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