Ludlow Residence Inks Deal with The Kings College
As initially reported back in March, Baruch College plans to share dorm space with the School of Visual Arts at the Ludlow Residence. Today, Crain’s brings word that a third city school will be joining the slumber party at 101 Ludlow. The Kings College recently inked a two-year deal with SVA to occupy floors 14 through 19 of the dorm.
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And it ain’t too cheap, neither. The asking rent is $1,500 per bed, or $75 per square-foot. Kings College’s lease will begin in mid-August. Guess SVA was in over their collective head.