Touro College and University System has signed a long-term lease for 243,305 square feet at the Rudin Family’s Three Times Square.
Touro leases or owns about one million square feet in Manhattan and the outer boroughs. Its total enrollment of 19,000 is spread over 35 locations in the US, Berlin, Jerusalem and Moscow.
Rudin Management Company CEO William Rudin said that a university inside an ultra-modern Times Square tower that opened in 2001 might seem “definitely out of the box, but in this world we live in, we’re all calling audibles.” Rosengarten said he first began thinking about Three Times Square in late 2019. He knew the 30-story, 850,000-square-foot tower had looming vacancies as Thomson Reuters, which is Rudin’s partner in the building’s ownership, began unloading some divisions and a few other tenants were moving out.Touro is relocating from within Manhattan.Rudin recalled, “They started looking [seriously] at Times Square in late 2020, at the height of the pandemic.
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