More space for Pace as university inks FiDi expansion

Feb.February 05, 2014 12:55 PM

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

Related Articles

Jeremy Lynford and 55 John Street (Credit: Getty Images, Google Maps, iStock)

NYC’s largest student housing firm makes a $101M gamble on owning its own real estate

41 Park Row

Landmarks signs off on Pace's
$190M renovation

Pace plans $190M upgrade to Lower Manhattan campus

Pace plans $190M upgrade to Lower Manhattan campus

DSA to buy 15-story FiDi dorm from Pace for $51M

DSA to buy 15-story FiDi dorm from Pace for $51M

Placeholder image

Pace opens at Sutton’s 180 Broadway

From left: a rendering of 180 Broadway and the structure under construction

Architecture review: A downtown dormitory that lacks ambition