Acting President Gibson Announces New Buildings for On-Campus Students

The Riff Hotel at 102 Greenwich Street | Photo by Agorafy

The Riff Hotel at 102 Greenwich Street | Photo by Agorafy

The King’s College’s offer for the Riff Hotel at 102 Greenwich Street has been accepted, according to Acting President General Gibson, who made the announcement in the City Room at 12:50 p.m. after the Public Reading of Scripture. The King’s College plans to close the deal on purchasing the building by May 31.

Gibson announced that the UDR, Inc., a real estate group that invests in apartment buildings and previously managed the leases of the housing at Wall and Hanover had notified the college in March that they had decided not to resign the leases for the apartment based on complaints from other tenants in the building.

The King’s College is moving the on-campus housing locations for Wall, Hanover, and Clark Street to new leases in Brooklyn. Six houses (Bonhoeffer, Churchill, Lewis, Reagan, Truth and Thatcher) will be moving to Downtown Brooklyn in seven floors of 436 Albee Square West, a 15-minute commute from the Financial District. The apartments are all two-bedrooms and will contain four students each.

Students must be out of the apartments at Hanover and Wall by May 7.

Tours will take place in the Downtown Brooklyn residence for students to see which layouts they like best. Selection days to choose new apartments will be extended to the week before finals.

This article has been corrected to say that UDR, Inc. notified the college in March about the decision not to resign the leases, not December.