Manhattan Park Rents 35 Units To MaryMount Manhattan College - Is Roosevelt Island The New Boston For Students?
You Tube video of Moving Day for College Students in Boston
It's almost the end of July which means that the new fall 2008 college semester is fast approaching and students will need places to live for the upcoming year. Guess where some of them will be laying down their backpacks? Right here on Roosevelt Island.
I don't think Boston needs to worry about being replaced as America's College Town by Roosevelt Island, but Manhattan Park has become a residence hall for students from Marymount Manhattan College, Rockefeller University and the French Culinary Institute. As described from the Minutes of the April 10, 2008 RIOC Board of Directors meeting, Manhattan Park recently bulk leased 35 units to Marymount Manhattan College after receiving permission from RIOC.
Mr. Shane noted that the Manhattan Park housing project on Roosevelt Island hasAlso, to further Roosevelt Island's place as the new Boston for student living, the Cornell Medical College and Memorial Sloan Kettering provide housing for their faculty and students at two of Southtown's Riverwalk buildings.
requested RIOC’s consent to lease 35 units to the Marymount Manhattan College. Of these units, 34 would house students and one unit would house a Resident Director. As these units will be rented at a market rate, and RIOC has a percentage rent interest in Manhattan Park, it would be to RIOC’s financial interest to approve the sublease. Therefore, Mr. Shane recommended the approval.
The Corporation is hereby authorized to consent to Manhattan Park’s Major
Sublease to Marymount Manhattan College, along such terms and conditions
substantially similar to those outlined in the memorandum from Stephen H.
Shane to the Board of Directors, dated March 27, 2008, attached hereto;
UPDATE: 1:45 - I prefer Roosevelt Island as the new Paris.