The city is in talks to acquire a 177,000-square-foot Greenwich Village building from the state and turn it into a school in an effort to combat overcrowding. Local parents have been eying 75 Morton Street ever since it hit the market two years ago for $78 million, but the city contended that the price tag was too steep and didn’t immediately go after the building, which is half-vacant and would be ready for new occupants in the fall of 2012. Now, according to the Department of Education, the city is hoping the state will be willing to budge on the asking price, given the sunken real estate market. Earlier this year, the city bought a nearby building to house Greenwich Village Middle School for $250 million. [NYDN]
Posts Tagged ‘greenwich village middle school’
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Another school is coming to the Financial District, following a unanimous vote from the Panel for Education Policy last month. The Greenwich Village Middle School, which currently enrolls 215 students, will relocate in the fall to 26 Broadway, an office building near the Bowling Green. The two-floor space will give the school a new library and computer lab (though, as parents have lamented, no gymnasium) and will allow it to increase its attendance to up 361 students. The school currently shares a space on Hudson Street with P.S. 3, leading to overcrowding. Parents and local politicians had originally opposed moving the school out of their neighborhood, arguing for a move to a state-owned building at 75 Morton Street, instead. But city negotiations to buy the Morton Street property stalled, and 26 Broadway was the remaining option. Private school Claremont Preparatory Academy, based at 41 Broad Street, has also announced plans to expand this year into a 200,000-square-foot space at office building next door, at 25 Broadway. [Downtown Express]
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The Department of Education plans to convert the former Sports Museum
of America space in 26 Broadway into a school. The museum went bankrupt
and closed earlier this year. The city has not signed a lease yet for
the 45,000-square-foot space, but a spokesperson said it is “very close
to an agreement.” The space could become a home for the Greenwich
Village Middle School, which needs to move out of its current building
in fall 2010 due to overcrowding. The new space would provide seats for
1,000 students, but it is unclear when it would be ready. [more]
