Pace University Leases Space in New and Innovative New York City Residence Hall

Pace University is adding a residence hall on the Upper East Side of Manhattan to accommodate 175 students this fall. “1760 Third Avenue,” as the residence is called, is more than just a “dorm” thanks to creative renovations, environmentally friendly installations and technological innovations included in a major make-over completed by the lessor, Educational Housing Services (EHS), Inc.

Media contact: Bill Caldwell, Pace, 212-346-1597, wcaldwell@pace.edu Faye Bean, EHS, 212-977-9099 x 320, fbean@studenthousing.org

NOTE: Photos of room interiors are at http://www.studenthousing.org/residence/1760-3rd-avenue-residence

Pace University student residents may be available for interviews.

PACE UNIVERSITY LEASES SPACE IN NEW AND INNOVATIVE NEW YORK CITY STUDENT RESIDENCE HALL

Uptown High Rise to House Pace Upperclass, Graduate and Transfer Students

NEW YORK, NY, September 24, 2008 – Pace University is adding a residence hall on the Upper East Side of Manhattan to accommodate 175 students this fall. “1760 Third Avenue,” as the residence is called, is more than just a “dorm” thanks to creative renovations, environmentally friendly installations and technological innovations included in a major make-over completed by the lessor, Educational Housing Services (EHS), Inc.

Pace upperclass, graduate students, and transfer students will be among more than 1,000 student residents from several major New York City institutions of higher education who will live in the EHS 1760 Third Avenue residence. EHS says the 19-story high rise sets a new standard for contemporary college students living in New York City. In the past year, full time undergraduate enrollment at Pace’s New York City campus increased 5 per cent and the demand for Pace student housing in New York City increased 10 per cent, making it necessary to expand the University’s student accommodations.

“The coolest place to live and learn,” 1760 Third Avenue is the newest Educational Housing Services residence and offers students the latest in state-of-the art, “green” living.

Low flow toilets, environmentally friendly flooring and furniture are part of the building’s eco-friendly lifestyle. Amenities such as designer furnishings, flat-screen TV/DVD players, cable TV, high-speed Internet, air conditioning, private baths and refrigerators and microwaves in every room, a 3,500 square-foot fitness facility, laundry facilities that text students when their clothes are ready, a game room, comfortable student lounges, and a multi-media room, are all part of the 1760 Third Avenue experience. As with all EHS residences, the building is fully-staffed and provides 24-hour on-site security.

The residence is convenient to mass transit, retail, and is just minutes from Museum Mile, Central Park, and the East River Esplanade. Pace students are provided with a monthly MetroCard for travel on MTA subways, buses, and trains. Accommodations in the building this fall average about $7,100 per student for the semester. Under its agreement with EHS, Pace is leasing the 1760 Third Avenue residence for nine months.

“We’re delighted that Pace, a long-time EHS student housing partner, is joining us in our newest and most desirable student residence, 1760 Third Avenue,” said EHS president, George Scott. “The building provides an aesthetically rich and environmentally thoughtful environment with all the most sought-after amenities that Pace students are sure to love.”

About Pace University. For 102 years Pace University has provided high quality professional education resting on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling more than 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, Lienhard School of Nursing, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu

About Educational Housing Services (EHS). Educational Housing Services, a not for profit organization founded in 1987, is New York City’s leading provider of safe, affordable, privatized housing for students. EHS currently provides over 3,500 beds in nine locations in Manhattan and Brooklyn. The residences provide first-class amenities including 24-hour security, designer furnishings and free high-speed internet access as well as in-house activities and events. Residents represent virtually every academic institution in New York City as well as institutions outside the NYC area. www.studenthousing.org.

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