Exclusive preschool flees Extell site

New lease across the park infuriates parents

TRD New York /
Sep.September 15, 2013 02:00 PM

A posh preschool, formerly at the Park Avenue Christian Church site, has parents outraged after quietly relocating from the Upper East to the Upper West Side, signing a five-year Lease On West 76th Street.

The preschool, where notables such as Woody Allen, Bobby Flay and Lisa Kudrow have sent their young children, is apparently another casualty of a deal with Extell Development to covert the annex of the church at 1010 Park Avenue into a $50 million, 16-story residential tower.

The development filing came to light mere days after a deadline to pay 85 percent of the $20,000 yearly tuition for the preschool. Parents were promised full refunds and discounts for re-enrollment, but some 80 families are sending their children elsewhere, leading to a delayed opening of the school, according to the New York Post.

“If it weren’t subject to these people who have at their heart only the interest of making tens of millions . . . we would have kept our son there,” an Upper East Side mother told the Post.

As The Real Deal previously reported, only the annex site at 1010 Park Avenue on the corner of East 85th Street will be converted, not the church building itself. The plan will, however, significantly expand the church from its current 9,546 to 104,579 square feet. [NYP]Christopher Cameron

Related Articles

One Manhattan Square Extell Development CEO Gary Barnett (Credit: Curbed NY)

Extell lands $690M refinancing package for One Manhattan Square

Brooklyn Point at 138 Willoughby Street and Extell Development’s Gary Barnett (Credit: Alistair Gardiner for The Real Deal)

And you get an incentive! Extell offers to pay carrying costs at Brooklyn’s tallest tower

Raizy Haas and Gary Barnett (Credit: Getty Images, iStock)

One of Gary Barnett’s longtime deputies is leaving Extell

Gary Barnett and 1855 Broadway (Credit: Google Maps)

Gary Barnett assembling Columbus Circle development site

Extell Development chairman Gary Barnett and One Manhattan Square (Credit: Anuja Shakya, StreetEasy)

Rent now, buy later at Extell’s One Manhattan Square

José Cuervo owner Juan Beckmann Vidal and 1010 Park Avenue (Credit: Getty Images, StreetEasy)

Mexican billionaire buys Park Ave pad for $25M amid shopping spree

Anna Karlin

How Anna Karlin designed the interiors of Extell’s One Manhattan Square

From left: 241 East 73rd Street, 1514-1528 First Avenue, and Extell Development's Gary Barnett (Credit: Google Maps)

Here’s what the $10M–$20M NYC investment sales market looked like last week