Lower Manhattan will be getting a much needed new 1,000-student private school, under a deal announced last month.
MetSchools Inc. struck a deal to take 100,000 square feet at 41 Broad Street as the site for the new school.
The for-profit company, which operates several other schools throughout the city, plans to open the Claremont Preparatory School in fall 2005.
“It will be the largest K-8 private school that serves Brooklyn and Manhattan,” said MetSchools CEO Michael Koffler.
A $25-million renovation project has already begun, and the admission process will start at the end of 2004.
Koffler said there are no other private schools, except for one parochial school in Chinatown, below Canal Street.
“It shows incredible foresight,” said Louise Phillips Forbes, a senior vice president at Halstead. “It’s so desired and so needed.”