{"id":35407,"date":"2023-03-10T10:44:18","date_gmt":"2023-03-10T07:44:18","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=35407"},"modified":"2025-03-25T16:09:03","modified_gmt":"2025-03-25T13:09:03","slug":"touro-university-lease-3-times-square","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/touro-university-lease-3-times-square\/","title":{"rendered":"Touro University Expands Its Footprint at 3 Times Square"},"content":{"rendered":"

Rudin Management \u2014 one of the largest owners, operators and developers of best-in-class real estate in New York City \u2014 announced a new lease at its Midtown office<\/a> building at 3 Times Square: Touro University signed a 30-year deal to expand its already-significant footprint in the 30-story building by an additional 66,000 square feet. With that, the university\u2019s total space at the building has reached 316,000 square feet.<\/p>\n

The asking rent and price per square foot were not disclosed. But, according to a report last year by the New York Post<\/em>, rents in the building ranged from the low $70s to mid-$80s per square foot<\/a>. Tom Keating represented the landlord in-house and was aided by a Cushman & Wakefield team comprised of Ron Lo Russo and Heather Thomas. Meanwhile, Touro\u2019s Jeffrey Rosengarten and a Cushman team led by Richard Bernstein represented the tenant.<\/p>\n

\u201cTouro University\u2019s bold decision to recreate its campus embodies the spirit of constant reinvention and rebirth that has allowed New York City and neighborhoods like Times Square to thrive,\u201d\u00a0said Michael Rudin, executive vice president of Rudin.<\/p>\n

Touro\u2019s added space is located across the entire 10th and 11th floors. Students and employees will have a dedicated entrance into the building at the corner of Seventh Avenue and West 43rd Street.\u00a0Eight schools \u2014 including the College of Pharmacy; New York School of Career & Applied Studies; Graduate School of Business; Graduate School of Education; Graduate School of Jewish Studies; Graduate School of Social Work; and Graduate School of Technology \u2014 will move to the Times Square tower.<\/p>\n

Originally built in 2001 as the North American headquarters of Reuters news company, 3 Times Square is currently undergoing a sweeping renovation and improvement program. The effort will include a redesign of the existing lobby; a revamp of the elevator and entry systems; and the addition of amenities such as a fitness center, dining area and conference space.<\/p>\n

\u201cOur new central campus with state-of-the-art facilities will offer students and faculty more opportunities to collaborate on interdisciplinary teaching and research,\u201d said Touro President, Alan Kadish. \u201cIt will give our undergraduates exposure to graduate programs that could open up new professional paths.\u201d<\/p>\n

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Rudin Management \u2014 one of the largest owners, operators and developers of best-in-class real estate in New York City \u2014 announced a new lease at its Midtown office building at 3 Times Square: Touro University signed a 30-year deal to expand its already-significant footprint in the 30-story building by an additional 66,000 square feet. With…<\/p>\n","protected":false},"author":56,"featured_media":35409,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37,38,4014,39],"tags":[],"class_list":["post-35407","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-deals","category-featured","category-office","wpautop"],"acf":[],"yoast_head":"\nTouro Expands Footprint at 3 Times Square | CommercialCafe<\/title>\n<meta name=\"description\" content=\"Touro University signed a 30-year deal to expand its already-significant footprint at 3 Times Square by an additional 66,000 square feet.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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