Scottish University Opens its NY Satellite Campus
Lauren Elkies Schram April 8, 2014, 11:37 a.m.
Glasgow Caledonian University, one of the largest universities in Scotland, opened its first New York City campus at 64-68 Wooster Street in Soho yesterday, Commercial Observer has learned, to coincide with Scotland Week.
As Commercial Observer reported last October, the school signed a 15-year, 13,500-square-foot lease for the entire ground floor and lower level. The school has been doing construction ever since, landlord Zar Properties’ David Zar said.
The school, which traces its history back to 1875, has plans to link its New York campus with a sister institution in London—GCU London—and the British School of Fashion based there, CO reported. GCU New York offers courses in fashion business, luxury brand management and marketing, as well as broader executive education programs.
“GCU will be the first British university to open a campus in New York and it will be modeled closely on our highly-successful GCU London campus,” said Professor Pamela Gillies, CBE, principal and vice-chancellor of GCU, in a statement announcing the New York campus in October.
The 55,000-square-foot building is now 100 percent leased and other tenants include photographer Steven Meisel and fashion designer Zaldy Goco.
Studley‘s Paul Revson, Zev Holzman and Ryan Rafter represented the tenant. Marc Simon of Isaacs & Co. represented Zar. Asking rents were $255 per square foot, Mr. Zar said.