The Blue Man Group’s school is opening a new 45K sf school in the Seaport

School will serve students in fourth through eighth grade at 156 William Street

TRD NEW YORK /
Sep.September 11, 2018 07:00 AM

The Blue School at 241 Water Street and Tobias Fünke from Arrested Development (Credit: The Blue School and Rockwell Group)

The Blue Man Group’s school is expanding into another building in the Seaport.

The Downtown Manhattan school founded by the Blue Man Group has opened a new location at a building it purchased space in years ago from Billy Macklowe.

The building is just blocks away from the school’s other building at 241 Water Street, which will now only serve students in its pre-primary through third grade programs, according to the school.

The independent institution known as Blue School was founded by six artists and academics, including the three founders of Blue Man Group. It serves roughly 300 students between ages two and 14, and the expansion will allow it to double its student body over the next decade.

Blue School purchased two commercial condo units on the second and third floors at 156 William Street from Billy Macklowe for $27.2 million at the end of 2015. Macklowe sold a majority stake in the building to LaSalle Investment Management for about $55 million the next day.

The Rockwell Group designed the new building, and the extra space spans 45,000 square feet across four floors. Amenities include a library, a lab and art room, and a gym and auditorium spanning 1,600 square feet.

The founders of the Blue Man Group bought 241 Water Street in 2010 for an undisclosed amount, but they sold it late last year to the Swiss firm Clermont Consultants for $17.6 million. However, the school will remain in the building, as it holds a lease for it running until 2060.


Related Articles

arrow_forward_ios
Knotel CEO Amol Sarva 

Another huge round of layoffs for Knotel

Miki Naftali, Steven Witkoff and Ryan Freedman

TRD Talks: How developers are contending with coronavirus

Governor Andrew Cuomo (Photo by Spencer Platt/Getty Images; iStock)

Cuomo’s foreclosure, mortgage moratorium has no teeth

From left: Realogy's Ryan Schneider, Cushman & Wakefield's Brett White and Newmark Knight Frank's Barry Gosin (Credit: iStock)

Brokerage stocks plunge amid market turmoil

Mayor Bill de Blasio halted ULURP, stalling projects like 960 Franklin Avenue, Rikers Island and Industry City 

These projects could be held up by New York’s rezoning freeze

Eric Garcetti orders a moratorium on LA commercial evictions (Photo credit: iStock photo)

LA mayor orders a moratorium on commercial evictions

Mayor Bill de Blasio and Westchester Square Hospital in the Bronx (Credit: Lev Radin/Pacific Press/LightRocket via Getty Images; Google Maps)

New York City seeking sites for coronavirus triage centers

Georgetown president and CEO Adam Flatto and an aerial of 260 12th Avenue (Credit: Patrick McMullan/Patrick McMullan via Getty Images; Google Maps)

Georgetown plans 1.1M sf Hudson Yards office building

arrow_forward_ios
Loading...