The Real Deal New York

Related’s UES tower to get $35M school

September 14, 2012 09:00AM

After losing out on a proton cancer center to a site further uptown, Related Companies will bring a school for children with learning disabilities to the first five floors of its forthcoming residential development at 205 East 92nd Street, the Wall Street Journal reported.

The White Plains, N.Y.-based Windward School had for years been searching for a location, but settled on the site of a 35-story tower Related plans to build between Second and Third avenues. The school caters mostly to students with dyslexia and is expects to open the 60,000-square-foot facility by 2015.

Related will begin construction on a 250-unit rental tower in early 2013. The plans garnered widespread opposition last year, because the building was to replace a beloved playground in an area residents say is starved for open space. But the developer has promised a 12,000-square-foot open space on its site.

Meanwhile, as previously reported, the proton center struck a deal to build 35 blocks to the north in East Harlem. [WSJ] — Adam Fusfeld