main navigation
my pace

News & Events

Sort/Filter

Filter Newsfeed

News Item

01/06/2014 News Release Image

An article by C.J. Hughes appeared in the commercial real estate section of the New York Times on December 31, 2013 about Pace's new residence halls in lower Manhattan. The article quotes Pace's Chief Administrative Officer, Bill McGrath. The e story is about the increased demand for residential space for college students in New York City.

"Manhattan may be a bit large to be considered a college town. But the rapid expansion of dozens of postsecondary schools across the borough in recent years has added a hard-to-ignore collegiate flavor.

As enrollments have surged, so too have the number of dormitories, which are increasingly being built not by the universities themselves, but by third-party developers, who take on site acquisition, construction and leasing.

...A recent example is 180-182 Broadway, a 23-story dorm at John Street in the financial district that SL Green, along with Wharton Properties and the Harel Group, an Israeli insurance company, built for nearby Pace University.

About 230 rooms in the top 20 floors of the building provide housing for around 600 students and are leased to Pace for 30 years.

The developers are hanging on to a window-lined retail space at the base of the building, which faces the new Fulton Center transit hub. In 2014, two tenants, Urban Outfitters and TD Bank, will open locations in the space, which is a commercial condo, Mr. Herschenfeld said. The commercial condo arrangement is a way for a nonprofit organization like Pace to separate retail development from more traditional uses of its property.

For decades, Pace was primarily a commuter school and made do with dorms at One Pace Plaza, a 1969 building across from City Hall that has 500 beds, as well as classrooms and a library.

But today, Pace enrolls 5,500 undergraduates in Manhattan, up from 4,700 in 2008, officials say (the university also has a campus in suburban Pleasantville, N.Y.). And many come from out of state, with 72 percent of this year’s first-year students living in dorms, said William McGrath, Pace’s chief administrative officer.

Around the corner, SL Green, in a partnership with the Naftali Group and Harel, is also at work on 33 Beekman Street, a new 34-story, 384-room dorm for 770 students that will have a small bookstore at street level and a fitness center upstairs. The high-rise, which Pace will also lease for 30 years, is to open in 2015.

Record-high land costs, coupled with a desire not to mire balance sheets in debt because of expensive construction projects, has made leasing attractive to many schools.

“It wasn’t feasible to build new dorms ourselves,” said Mr. McGrath, who initially talked with landlords about converting empty offices to dorms. Ultimately, though, he decided it was easier to create small, shareable rooms in a custom-built facility.

For dorm life, Pace students pay $15,800 for the nine-month academic year, or about $1,760 a month, which includes furniture and utilities. In contrast, a typical downtown studio, which does not come with beds or electricity, is about $2,700 a month, according to a Douglas Elliman rental report from November."

Read the full article on the New York Times web site: http://www.nytimes.com/2014/01/01/realestate/commercial/600-college-stud...

 

News Item

Advisor.Ca: "Meet The Kids Challenging The Fed"

05/24/16

News Item

New York Daily News: "Donald Trump, Hillary Clinton both fewer than 100 delegates shy of securing nominations; both are likely to seal the deal on June 7"

05/18/16

News Item

New York Times: "Is Your Food ‘Natural’? F.D.A. to Weigh In"

05/17/16

News Item

Elisabeth Haub School of Law at Pace University Celebrates Renaming and Gift from Haub Family

05/16/16

News Item

New York Times: "Saving Farm and Factory Jobs"

05/16/16

News Item

Business Insider: "Target boycott has reached a boiling point — and sales may suffer as a result"

05/16/16

News Item

E-Commerce Times: "Walmart Tests 2-Day Subscription Shipping"

05/16/16

News Item

NY1: "Students Discuss How College is a Transformative Experience"

05/12/16

News Item

O'Dwyer's PR News: "FDA Examines Definition of 'Healthy'"

05/12/16

News Item

Bloomberg Law: "Pace University’s Law Dean on Name Changes and the State of Legal Education"

05/12/16

News Item

Journal News: "Taxpayers pony up for counties' private lawyers"

05/11/16

News Item

Strategic Finance: "Women on Business Performance"

05/11/16

News Item

New York Times: "Saving Elephants, Ennobling Albany"

05/10/16

News Item

New York Daily News: "Bernie Sanders poised for another primary win in West Virginia — but it’s still almost impossible for him to secure Democratic nomination"

05/10/16

News Item

Inc.: "Why Some Companies--No Matter How Successful--Should Stay Private"

05/10/16

News Item

NY1: "Parenting: Students Share Best Advice They Received When They Made Their Transition to College"

05/09/16

News Item

Bloomberg: "Trump-Clinton Contest Could Feature New York Fight"

05/09/16

News Item

PIX11 partners with the Veterans Education Challenge

05/09/16

News Item

Slate: "The Labeling Shortcut"

05/09/16

News Item

New York Daily News: "Republican Veepstakes underway as Trump inches toward GOP nomination; experts say mogul should prioritize age, outsider status"

05/09/16

News Item

Wall Street Journal: "Pace Law School Gets Mega-Gift, New Name"

05/05/16

News Item

Pace University Renames Law School In Honor Of Renowned Environmental Conservationist

05/05/16

News Item

TIME Ideas: "It’s Time for the FDA to Define ‘Natural’"

05/04/16

News Item

Homeland Security Today: "Security Concerns Surround Summer 2016 Rio Olympics"

05/04/16

News Item

Financial Times: "Cruz quits and hands victory to Trump"

05/04/16

News Item

Journal News: "Housing trend focuses on downtown train stations"

05/03/16

News Item

The Journal News: "Pace students, profs help asylum seekers in Texas"

05/03/16

News Item

Washington Post: "Hulu may soon offer live TV, including sports"

05/02/16

News Item

U.S. News & World Report: "General Electric Charges Ahead"

05/02/16

News Item

Law360: "Banks Between A Rock And A Hard Place On Chat Records"

05/02/16

News Item

Pace University 2016 Graduates to Hear Commencement Speakers who are Influential Leaders in Business, Law, Medicine and Health Care

05/02/16

News Item

WABC-TV: "College Students Make Documentary Film in Cuba"

05/02/16

News Item

FiOS1 News: "Students, staff and faculty gather to celebrate opening of new field house at Pace University"

05/02/16

News Item

Journal News: "Pace to open new Ianniello Field House"

04/29/16

News Item

U.S. News & World Report: "A Big iPhone Slump Bites Into Apple (AAPL)"

04/29/16

News Item

Journal News: "Dougherty: There is some explaining to do at Somers"

04/29/16

News Item

WRNN-TV: "26 States Suing to Block Obama's Immigration Center"

04/28/16

News Item

New York Daily News: "Trump stands by ‘woman card’ jab, but denies Hillary Clinton comments were sexist"

04/27/16

News Item

Journal News: "View: Improve Obamacare, don't risk replacing it"

04/27/16

News Item

FoxNews.com: "Cruz and Kasich join forces against Trump -- but will it work?"

04/25/16

News Item

Westchester County Business Journal: "Tax policy in flux affects Main Street"

04/22/16

News Item

Associated Press: "Criminal charges in Flint water crisis raise stakes"

04/22/16

News Item

China Daily: "Five-Year Plan can align sustainability, growth: observers"

04/21/16

News Item

El Diario: "Nuevo empujón para Trump y Clinton, pero la campaña sigue"

04/21/16

News Item

San Francisco Chronicle: "Big wins by Trump, Clinton in N.Y. shift tone of campaigns"

04/21/16

News Item

Daily News: "Solid New York victories for Donald Trump, Hillary Clinton help pave a concrete path toward their nominations"

04/21/16

News Item

IBM Thomas J. Watson Research Center: "What Watson Sees In Your Personality"

04/20/16

News Item

Journal News: "Mendel Taub: Lifetime of achievement in a few years"

04/20/16

News Item

New York Times: "Jianbing, a Chinese Crepe, Migrates to Manhattan"

04/20/16

News Item

FIOS1 News: "Westchester students vie for grand prize in Westchester Smart Mobile App Development Bowl"

04/19/16

News Item

News 12: "Students, lawmakers team up to protect circus elephants"

04/19/16

News Item

New York Times: "Review: Salut Salon Mixes Whimsy and Virtuosity"

04/19/16

News Item

The Science Coalition: "Super Science Tuesday - Pace University"

04/18/16

News Item

Winners Announced in the 2nd Annual #WESTCHESTERSMART Mobile App Development Bowl

04/18/16

News Item

U.S. News & World Report: "Trump, Handsy Aide Still Could Lose Defamation Lawsuit if Reporter Sues"

04/15/16

News Item

Poughkeepsie Journal: "NY Harbor getting cleaner, 1 oyster at a time"

04/14/16

News Item

Journal News: "Experts discuss who is moving to Westchester and why"

04/14/16

News Item

CRM Buyer: "Marketers Poised to Run the Customer Experience Show, Survey Says"

04/14/16

News Item

Inc.: " What You Can Learn From Olive Garden's Breadstick Battle"

04/14/16

News Item

Pace University Student to Participate as Panelist in 65th Assembly District Candidates Forum to Fill Seat Vacated by Former NYS Assembly Speaker Sheldon Silver

04/13/16

News Item

New York Times: "Unlocking the Truth About the Clinton Crime Bill"

04/12/16

News Item

Student entrepreneurs to deliver new business concept presentations to a distinguished panel of judges

04/11/16

News Item

PIX11: "U.S. Marine Veteran given chance to pursue academic dreams, continues to give back around the world"

04/11/16

News Item

Law360: "Earnings-Stripping Regs Test Limits Of Treasury's Authority"

04/11/16

News Item

CFO Magazine: "Rethinking Disclosure"

04/11/16

News Item

Financial Times: "Ted Cruz starts to broaden his appeal"

04/11/16

News Item

Public Radio International: "How the threat of nuclear winter changed the Cold War"

04/05/16

News Item

InsideClimate News: "Another $1.2 Billion Substation? No Thanks, Says Utility, We'll Find a Better Way"

04/04/16

News Item

Monster: "How to Recruit Nurses in 2016: Eight Strategies to Fill the Pipeline"

04/01/16

News Item

Global Times (China): "New charity law provides no certainty for foreign NGOs"

04/01/16

News Item

Corporate Counsel: "Experts: GCs are Aghast Over Hacks at Top Law Firms"

04/01/16

News Item

Westchester County Business Journal: "Smart growth drives development in suburban communities"

03/31/16

News Item

SC Magazine: "FBI investigating attack against computer networks at U.S. law firms"

03/31/16

News Item

Monster: "2016 Small Business Growth: Why Some Businesses Plan to Hire"

03/30/16

News Item

Future Tense: "China’s E-Sports Paradox"

03/30/16

News Item

La Opinión: "¿Puede Bernie Sanders alcanzar a Hillary Clinton y ganar la nominación?"

03/30/16

News Item

The Journal News: "Tax Watch: Dueling Trump brands intersect"

03/30/16

News Item

Market Watch: "Hospitality, Meet Culinary: Pace University and International Culinary Center Get Business Students in the Kitchen"

03/30/16

News Item

Pace University hosts fourth annual Celebration of Individuals with Disabilities in Film

03/30/16

News Item

Hospitality, Meet Culinary: Pace University and International Culinary Center Get Business Students in the Kitchen

03/29/16

News Item

Homeland Security Today: "The Case for Closing Guantánamo Bay"

03/28/16

News Item

Entrepreneur: "Meet the Middlemen Who Connect Hackers for Hire With Corporate America"

03/28/16

News Item

Newsday: "Voxx International bets on iris-scanning technology"

03/28/16

News Item

Disability Film Festival Marathon 2016

03/23/16

News Item

Associated Press: "FBI Official: Time Needed to Know If Phone Can Be Unlocked"

03/23/16

News Item

Agence France-Presse: "Apple-FBI encryption showdown postponed, for now"

03/22/16

News Item

Lohud.com: "Out and About: Where lohud was this week"

03/21/16

News Item

Bankrate.com: "Watch a thief install a skimmer in 3 seconds"

03/18/16

News Item

Schools Chancellor Discusses Challenges of Educating 1.1 Million Students During Appearance at Pace University’s InsideTrack

03/17/16

News Item

New York Times: "After Rough Campaign, Many Rubio Backers Will Stay Home"

03/16/16

News Item

La Opinión: "La base republicana no quiso nada con 'el nuevo siglo' de Rubio"

03/16/16

News Item

Bloomberg: "How Apple Helped Me Crack iPhones Like Clockwork"

03/16/16

News Item

Computerworld: "Defense Dept. wants your help in imagining the worst"

03/15/16

News Item

TechNewsWorld: "USA Today to Experiment With Virtual Reality News Show"

03/15/16

News Item

Wall Street Journal: "Can a College Student Outsmart Janet Yellen?"

03/14/16

News Item

Epoch Times: "The History That Shaped the Standard American Diet"

03/14/16

News Item

SportsBusiness Journal: "Sharapova feels brands’ wrath after failing test"

03/14/16

News Item

Daily News: "Trump in dead heat with Kasich in Ohio, but has ‘yuge’ lead in Florida over Rubio: polls"

03/14/16

News Item

WPIX-TV: "Army veteran pursues business degree at Pace University thanks to scholarship"

03/11/16

News Item

Downtown Express: "Tutor team: Local mom joins with university, developer to help kids"

03/11/16

News Item

New York Daily News: "Key primary wins not adding enough delegates for Donald Trump, Bernie Sanders"

03/10/16

News Item

Wall Street Journal: "For Westchester Towns, a New Type of Energy Contract"

03/09/16

News Item

Daily News: "Sponsors begin to drop Maria Sharapova"

03/09/16

News Item

International Innovation newsletter: "The world of STEM subjects is your oyster"

03/09/16

News Item

RNN: "David Caputo President Emeritus and Professor of Political Science at Pace University in New York"

03/08/16

News Item

Inc.: "4 Moves You Must Make to Create a Billion-Dollar Company"

03/07/16

News Item

Houston Chronicle: "Outsiders rending Republican Party in Texas too"

03/07/16

News Item

Health & Wellness Seminars presented in collaboration with New York-Presbyterian/Lower Manhattan Hospital Weill Cornell Medicine & Pace University

03/07/16

News Item

Metro: "The job hunt just got easier for college grads"

03/04/16

News Item

Westchester County Business Journal: "Age-old profession of accounting changing with the economy"

03/04/16

News Item

Islam Channel: "The FBI case against Apple"

03/04/16

News Item

La Opinión: "La ‘crisis Trump’ sacude al partido republicano y hace dudar de su futuro"

03/04/16

News Item

La Opinión: "Hillary usa miedo a Trump para recabar fondos entre partidarios"

03/04/16

News Item

Monster: "How to make sure your internship ends with a full-time job"

03/03/16

News Item

Financial Times: "Trump closes in on Republican nomination"

03/02/16

News Item

Forbes: "Success By The Numbers: An Interview With Investopedia CEO David Siegel"

03/02/16

News Item

New York Daily News: "Donald Trump leads Republican field on the eve of Super Tuesday primaries"

03/01/16

News Item

USA TODAY: "Bernie Sanders campaigns in Minneapolis, Massachusetts ahead of Super Tuesday"

03/01/16

News Item

Journal News: "There might be an app for that"

02/29/16

News Item

Guardian: "Crunch time for Apple as it prepares for face-off with FBI"

02/29/16

News Item

Bloomberg Business: "Pace University Awarded Grant from Jonas Center for Nursing and Veterans Healthcare to Fund Doctoral Nursing Students"

02/29/16

News Item

Huffington Post: "Looking for Food in All the Wrong Places"

02/29/16

News Item

Pace University Awarded Grant from Jonas Center for Nursing and Veterans Healthcare to Fund Doctoral Nursing Students

02/25/16

News Item

Financial Times: "Trump sees clearer path to Republican nomination"

02/25/16

News Item

Huffington Post: "Empowering Photos Turn Negative Thoughts Into Positive Affirmations"

02/22/16

News Item

Global Risk Regulator: "Community banks challenge FASB to make accounting reform scalable"

02/22/16

News Item

Westchester County Business Journal: "Lawyer and public servant finds Pace post most rewarding"

02/22/16

News Item

Guardian: "Apple's encryption battle with the FBI has implications well past the iPhone"

02/22/16

News Item

Westchester County Business Journal: "Brewster and Peekskill: Ready for revitalization"

02/19/16

News Item

Guardian: "Why must Apple help the FBI? Because law enforcement is not surveillance"

02/19/16

News Item

Washington Times: "Apple hack order potential tipping point in privacy vs. security battle"

02/19/16

News Item

CNBC: "The 'esoteric' law being used to fight Apple"

02/19/16

News Item

Agence France-Presse: "FBI-Apple standoff puts encryption on front burner"

02/19/16

News Item

WRNN-TV: "Judge Orders Apple To Unlock iPhone Encryption"

02/18/16

News Item

SiliconBeat: "Apple’s Tim Cook doubles down, won’t comply with order to help FBI hack into iPhone"

02/18/16

News Item

Forbes: "How To Find A Second Act With Purpose"

02/17/16

News Item

Pace University’s Lubin School of Business Maintains Prestigious Dual AACSB Accreditation for both Business and Accounting

02/17/16

News Item

U.S. News & World Report: "Corporate Inversion Costs the Country Billions"

02/16/16

News Item

Wall Street Journal: "Billionaires, step aside; New Yorkers with more modest means can name a fossil exhibit, a school stairwell or even a zoo cockroach"

02/16/16

News Item

WCBS 880: "Stories From Main Street: Westchester Teens Design Apps To Help Senior Citizens"

02/16/16

News Item

Daily News: "Donald Trump, despite N.H. primary victory, faces tough task to win GOP nomination"

02/11/16

News Item

Westchester County Business Journal: "County app competition accepting submissions through Friday"

02/10/16

News Item

Financial Times: "Trump moves into Republican mainstream with New Hampshire victory"

02/10/16

News Item

Pace University President Stephen J. Friedman receives Chief Executive Leadership Award from the Council for Advancement and Support of Education

02/09/16

News Item

Playbill: "In the Era of Lin-Manuel Miranda, Why College Performers Are Becoming Songwriters, Too"

02/08/16

News Item

Inc.: "Here's How Health Care Could Become Less Costly in 2016"

02/08/16

News Item

Boston Globe: "Marco Rubio and the future of American conservatism"

02/08/16

News Item

E-Commerce Times: "Uber Makeover Draws Derision"

02/08/16

News Item

The Wrap: "‘Deadpool’ Ad Stunt to Blanket Shows on 5 Viacom Networks – Even ‘The Golden Girls’ (Exclusive)"

02/08/16

News Item

Westchester County Business Journal: "Column: Smart growth and the new downtown dream"

02/05/16

News Item

Westchester Magazine: "Ultimate Guide to Westchester"

02/04/16

News Item

Fortune: "Years of CEO Stock Incentives Are Causing Economic Volatility Today"

02/04/16

News Item

MSNBC: "For Ted Cruz, Iowa victory proves more than evangelical support"

02/03/16

News Item

Omaha World-Herald: "Evangelical support propels Ted Cruz, disappointing Trump; Rubio strong in 3rd"

02/02/16

News Item

Computerworld: "Encryption bills pose challenges for Congress"

01/29/16

News Item

Have an idea for a mobile app? Learn from the best and compete against the area’s top young techies

01/29/16

News Item

E-Commerce Times: "Wall Street Backs Off Apple"

01/29/16

News Item

U.S. News & World Report: "Best Online Bachelor's Programs"

01/29/16

News Item

U.S. News University Directory: "Top 11 Online Graduate Criminal Justice Programs"

01/29/16

News Item

Announcement from President Stephen J. Friedman

01/28/16

News Item

Westchester County Business Journal: "Pace University President Friedman to retire in 2017"

01/28/16

News Item

TechNewsWorld: "GoPro Shooters Can Send Live Streams Up Periscope"

01/27/16

News Item

The Hill’s Congress Blog: "The state of dis-union in America"

01/27/16

News Item

Financial Executives International Daily: "What, Me Retire?"

01/26/16

News Item

Westchester County Business Journal: "Westchester coalition hosts affordable housing teach-in"

01/26/16

News Item

2nd Annual Mobile App Development Bowl

01/25/16

News Item

Journal News: "County’s 2nd app contest to focus on seniors"

01/20/16

News Item

Bloomberg BNA: "For Major Banks, New FASB Rules Present Welcome Change"

01/19/16

News Item

National Jurist: "Environmental, Energy law remain strong"

01/19/16

News Item

Huffington Post: "WATCH: How Two People From Different Worlds Found Love"

01/19/16

News Item

E-Commerce Times: "Google Sharpens Its Virtual Reality Focus"

01/19/16

News Item

Diverse: "Nursing, Health Care in Recovery Mode in Haiti"

01/14/16

News Item

The Hill’s Congress Blog: "Can mass trauma actually promote psychological adjustment?"

01/11/16

News Item

Guardian: "The problem with science journalism: we’ve forgotten that reality matters most"

01/06/16

News Item

Alert Investor: "The Birth of a Hedge Fund"

01/05/16

News Item

MarketWatch: "Beware of viral Facebook posts that vow to protect your privacy"

01/04/16

News Item

Washington Post: "Why a dash-cam video of a police shooting might not be a smoking gun"

01/04/16

News Item

New York Times: "Another Year, Another Round of Abortion Debates"

01/04/16

News Item

The Examiner: "Pace Economics Team Captures Second Fed Reserve College Title"

12/23/15

News Item

Journal News: "Taxpayers spend millions on outsourced lawyers"

12/23/15

News Item

Westchester County Business Journal: "Riverkeeper threatens two environmental lawsuits against Tappan Zee builders"

12/22/15

News Item

Journal News: "Riverkeeper to sue Thruway Authority over fish deaths"

12/22/15

News Item

New York Times: "Reviving Downtown White Plains With New Places to Live and Linger"

12/22/15

News Item

Computerworld: "To break terrorist encryption, pay off Apple and Google, expert urges"

12/18/15

News Item

Westchester County Business Journal: "Pace’s SWAG participants showcase water robots"

12/15/15

News Item

The Chronicle Review: "Moral Meals"

12/14/15

News Item

San Diego Union-Tribune: "What FBI, police are doing to prevent terror attacks"

12/14/15

News Item

SC Magazine: "Comey calls encryption a business model issue, raises hackles of privacy advocates"

12/14/15

News Item

Agence France-Presse: "Data encryption in sharp focus after deadly attacks"

12/14/15

News Item

Washington Post: "You’re worried about Trump? In 100 years, robots might be running for president."

12/10/15

News Item

Diverse: Issues In Higher Education: "Nursing Faculty Emphasize Culturally Competent Health Care"

12/10/15

News Item

Publishers Weekly: "Children's Publishing in China: Highlights from the First GKC China Deep Dive"

12/09/15

News Item

Journal News: "Pace University wins national economics competition"

12/09/15

News Item

Westchester County Business Journal: "Pace students again win national Federal Reserve contest"

12/07/15

News Item

Westchester County Business Journal: "Telehealth program expands in Westchester"

12/07/15

News Item

Homeland Security Today: "ANALYSIS - New Legislation Needed to Address Terrorists’ Use of Phone Encryption"

12/03/15

News Item

Times Union: "A call for greater oversight"

12/03/15

News Item

Pace University Wins National Economics Competition for Second Consecutive Year

12/02/15

News Item

Wall Street Journal: "Westchester D.A. Is Nominated to Be State’s Top Judge"

12/02/15

News Item

Financial Executive: "What, Me Retire?"

12/01/15