The NYC Master Plan
the next steps for Pace’s plan to partner in the reimagination and rebirth of the Lower Manhattan cityscape. The firm, with its award-winning portfolio of projects spanning New York City and the globe, has a keen sense of the University’s long-term objectives and is committed to realizing designs that balance function, purpose, and aesthetic appeal.
he success of the University’s critical first steps has
confirmed the promise of its current developmental path and enlightened the work that lies before it. Especially encouraging have been the early and substantial investments of a variety of alumni and donors, whose contributions will be essential to the full realization of the plan. The New York City Master Plan intends to make the metropolitan campus a destination for students— particularly those with talent, vision, and a desire—to influence and shape their world. Across the nation, America’s colleges and universities are struggling to adapt and survive amid unprecedented economic uncertainty, the rapid acceleration of technological change and innovation, and greater difficulties in reaching and attracting student prospects. Where others see challenges, Pace, however, sees opportunity. The University’s unique formula for experience-based learning has endured the test of time, positioning students for superior outcomes and advancing the professional success of our graduates for more than 100 years. President Friedman’s vision has confirmed this proven approach will be just as effective in preparing future generations of students in Westchester and New York City. Pace University has positioned itself as a permanent and exciting part of the inspiring and ever-changing landscape of Lower Manhattan. Whether you live or work in New York, or you’re just passing through, you can’t walk by City Hall or cross the Brooklyn Bridge without being reminded of Pace’s dynamic presence. Our future is indelibly linked to Lower Manhattan, because we are a part of it—part of its people, its culture, and its energy—and part of the landscape that is and defines downtown New York. It is and always has been the University’s mission to offer its students the chance to realize exceptional achievement in work and in life. As we look to the future, we know that visionary, inspiring spaces devoted to learning, studying, and communicating will unlock possibilities and extraordinary opportunities for current and future generations of Pace students. This is our driving ambition and, through the New York City Master Plan, it’s one that Pace University is uniquely positioned to deliver.
Developing Downtown The revitalization of downtown Manhattan has been dramatic, if not miraculous. Here’s a look at some of the changes between 2001 and 2014: n B USINESS
The Brookfield Place complex in Battery Park City combines business, high-end retail, and a broad range of events and happenings. Publisher Time Inc. recently relocated there, a stone’s throw from Condé Nast, another iconic publisher that relocated from Midtown.* n TRANSPORTATION
$2.15 billion in investment, including: Fulton Center Pier 11 Ferry Whitehall Terminal South Ferry MTA Station Staten Island Ferry Terminal West Street Pedestrian Bridges World Financial Center Ferry Terminal n HOTELS
3,439 new rooms in 16 hotels including: Andaz Wall Street Conrad New York Hotel Hampton Inn Holiday Inn Smyth Hotel n R ESIDENCES
14,772 new units in 104 buildings including: 10 Hanover Square 2 Gold Street 20 Exchange Place 8 Spruce Street (aka New York by Gehry) 95 Wall Street n OPEN SPACES The Battery East River Esplanade Imagination Playground Mannahatta Park Teardrop Park Zuccotti Park (Source: Downtown Alliance, except where indicated by *)
Pace University • Leadership – Winter 2016