Yeshiva University Expands Midtown Footprint in 160K-sf Deal
A new campus for Yeshiva University will be established within the historic Herald Center at 1293-1311 Broadway. Situated on the corner of West 34th Street, Herald Center was built in 1902 as the original Saks store. The over 160,000-square-foot signing within the 10-story building will enable the university to “significantly expand its presence in the healthcare field by establishing a new state-of-the-art campus” according to Yeshiva’s press release. The deal is being structured as a 32-year leasehold for entire floors 5 through 9 plus a portion of the mezzanine and ground floor areas, the majority of which was previously occupied by ASA College since mid-2013, which closed in February 2023 due to the loss of its accreditation effective March 1, 2023. Yeshiva University was founded in 1886 and currently “has more than 7,400 undergraduate and graduate students across four New York campuses. The educational institution joins H&M, which occupies 62,800 square feet at the base of the building under a 25-year lease that commenced in 2013 and includes one option to extend the original term 5-years according to documents posted on city records.