Cardozo Acquires Greenwich Village Building

Complex to be Used for Student Housing

Cardozo School of Law

Yeshiva University has secured the majority of shares in a residential condominium complex at 15 E. 11 Street in Manhattan’s Greenwich Village neighborhood. The University intends to eventually utilize the building as housing for the students enrolled in its Benjamin N. Cardozo School of Law, an institution that as yet affords its students no residence options under YU auspices.

The University has thus far succeeded in acquiring 93 of the 11^th Street building’s 114 units. Over the course of the subsequent 18 months, the studios and one bedroom units are slated to become available to Cardozo students in phases as renovations are completed.

Cardozo School of Law Dean Paul R. Verkuil enthusiastically proclaimed that "the acquisition of these apartments marks a tremendous stride forward for Cardozo, which was founded only 20 years ago. Student demand for housing is significant, and I am pleased that we can now respond."

Cardozo’s location in fashionable Greenwich Village is a feature frequently touted by the University in its effort to attract the interest of prospective students. In the absence of University-regulated housing options, however, students who wish to attend Cardozo are obligated to seek residential arrangements independently. The difficulty in locating available apartments in the desirable Village area coupled with the high prices demanded by landlords for these units have served as a source of considerable student ire.

The chairman of the Cardozo Board of Directors and University Trustee, Earle I. Mack, observed, "The ability to provide suitable housing nearby will further our efforts to recruit the very best students as we move from being one of the finest regional law schools in America to a truly world-class institution."