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Educational Housing Takes 67,000 SF at New Yorker Hotel

NEW YORK CITY-Students are already living in the 169 rooms Educational Housing leased at the hotel. In total, the company took 67,000 sf for $30 per sf on a five-year term.

By Barbara Jarvie | Updated on September 23, 2003

NEW YORK CITY-Educational Housing Services, has taken a five-year lease for 169 hotel rooms, totaling approximately 67,000 sf for $30 per sf, at The New Yorker Hotel. EHS offers college and graduate students an alternative to traditional dorm living by provides completely furnished, independent residences here.EHS will house approximately 220 students at the hotel, which is located at 34 Street and Eighth Avenue.

According to Kevin Smith, general manager of The New Yorker, the hotel offers students several amenities including the use of the business and fitness centers. Students will also benefit from round-the-clock security and access to the Tick Tock, a 24-hour diner on the hotel’s ground floor. EHS is also installing high-speed Internet access to each of the rooms it has leased, which are on the 27th through the 29th floors. It has also installed a computer center on the 28th floor and a student lounge on the 29th. Rates for the students’ rooms range from $8,000 for a double room to $12,000 for a large single room. Rates are based on a nine-month school year.

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