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The university has leased three floors at 45 West 57th St. in Manhattan.

Cornell University has signed a multiyear lease on the second, fourth and fifth floors of 45 W. 57th St. in Manhattan. The space, located near Central Park, will be used for academic purposes and events for alumni and students.

The space will enable Cornell’s Samuel Curtis Johnson Graduate School of Management, as well as the other partner schools in the newly formed Cornell College of Business, to grow its presence in New York City. This location affords students at Johnson, the School of Hotel Administration and the Dyson School of Applied Economics and Management – as well as at Cornell Tech – opportunities to collaborate and learn. The Cornell College of Business will offer students immersion opportunities, projects, events and speakers that support their courses of study.

“We see a strong presence in New York City as essential for enhancing our relationships with our alumni, corporate partners and other key stakeholders,” said Cornell College of Business Dean Soumitra Dutta. “The space on West 57th will also provide an excellent platform venue for our faculty and students to take advantage of the unique resources of New York City.”

The buildout of the second floor is underway, and the university plans to open the second floor for use in August. The remainder of its space in the building will be operational by October.