New York University’s School of Continuing and Professional Studies is
consolidating its classrooms and offices and moving into the 12-story
Fairchild building at 7 East 12th Street, according to Crain’s. NYU
purchased the 122,000-square-foot property eight years ago for $5.8
million and has been using it for administrative offices since.
The Fairchild is now undergoing a renovation and redesign in
preparation for the move, which is unrelated to the university’s
recently-unveiled master expansion plans. [more]

New York University,
which has a long-term expansion plan in the works, is giving up two
floors
at 38-50 Cooper Square. NYU will vacate the 46,000 square feet of space
in July 2011. NYU has been leasing it for 23 years, and the space is
currently
carved into 34 classrooms, offices and lounges for the university’s
School of Continuing Education. The building owner Hartz Mountain
Industries is now looking for another education tenant. NYU is expected
to unveil its long-term growth plans, which Greenwich Village residents
have been fighting, in the fall. [more]