New York University today announced plans for a new student residence to be located on East 12th Street, between 3rd and 4th Avenues, in Manhattan. The new residence hall will accommodate students relocating from some residence halls south of campus. The residence is scheduled to open in the spring of 2009, housing some 700 students in 26 stories and approximately 190,000 square feet.

Hudson Companies, Inc. – the owner of the East 12th St. property – and NYU recently signed an agreement to develop an undergraduate student residence on the site. The development of the new NYU facility, provides an opportunity for the University to house students closer to campus and build our community.

NYU President John Sexton said, “We are excited by this opportunity to be able to advance one of our key priorities: building a sense of community among our students and enhancing residential life. Moving students closer to the academic and other residential centers of the University, near Washington Square and Union Square, is an important element.”

Hudson Companies acquired the site—which previously housed St. Ann’s Church—from the Roman Catholic Archdiocese of New York more than a year ago and has worked with community groups to preserve the north façade of the church, which was built in 1847. As they move forward with designing and developing the site, NYU and the Hudson Companies will remain committed to preserving the church façade and will work closely with the community. The architect for the project is James Howie of Perkins Eastman.

The project is slated for completion in spring of 2009. Construction is anticipated to begin in 2006.

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