NYU is up on Downtown thanks to latest Metrotech leases
School rents more space in Metrotech Center
- Kate Briquelet for New York Post May 27th, 2011
- Source: http://www.nypost.com/p/news/local/brooklyn/nyu_is_up_on_downtown_thanks_to_RKWUE9FWY28NnEW93CKHiO
NYU is expanding its existing Polytechnic Institute to include two more buildings in Metrotech Center, a move that borough officials cheered as a magnet for Downtown development — and a sign that university is serious about Brooklyn.
NYU-Poly signed a 20-year lease with Forest City Ratner for space in Metrotech Center, a campus of 11 mixed-use buildings between Flatbush Avenue Extension and Jay Street, where space has recently been going cheap.
“The increased student population will be a boon for businesses and attract greater private investment to the area,” said Borough President Markowitz.
The engineering school will move into the sixth floor at 15 Metrotech, replacing a departing insurance company. It will also take over the ninth and 10th floors at 2 Metrotech.
NYU-Poly already owns academic buildings at 6 Metrotech and 5 Metrotech, a residence hall on Johnson Street, and admissions offices on Bridge Street.
“Expanding into buildings that flank the commons allows NYU-Poly to own the square, and imparts a more dynamic, vibrant feel to our campus,” said NYU-Poly President Jerry Hultin.