Brendan Krisel reports for Patch on development plans at Union Theological Seminary, home of EDS@Union:
A Morningside Heights religious institution has released details about a plan to build the one of the neighborhood’s largest housing developments to fund campus renovations.
Union Theological Seminary is partnering with developers Lendlease and L+M Development to build a new 40-story tower on its campus that will generate funds for the seminary’s $125 million renovation plan.
Developers have tapped Robert A.M. Stern Architects to design the new apartment tower, which will be one of the largest developments in the generally low-rise Morningside Heights neighborhood. The firm released renderings of the planned building, which appears to dwarf the nearby Riverside Church.
… Union Theological Seminary’s campus renovation will bring the institution’s facilities up to modern standards. Work includes preservation of existing structures on the Broadway [campus], located between West 120th and 122nd streets and accessibility upgrades.
As part of the project, Union Theological Seminary has also pledged to donate $5 million to neighborhood organizations fighting displacement caused by gentrification.