Cardozo Finalizes Sale of Alabama Residence in a Deal That Will Offer Priority to Students
A completely renovated Alabama is expected to be available to students for fall of 2017.
Cardozo and Yeshiva University have worked together to finalize the sale of the Alabama Residence to Collegium Capital, a leading provider of high-quality student housing throughout the country. The school worked closely with Collegium’s co-owner Todd Rosenberg, who is a Cardozo graduate, in negotiating priority access for Cardozo law students at the Alabama after an extensive renovation. The renovation work is expected to be completed for fall 2017 occupancy. The Alabama, located one block south of Cardozo’s campus on 11th street just, off Fifth Avenue, will offer premier studio, one, two and three bedroom apartments designed to enhance student life.
“I am thrilled that we have found the right buyer for the Alabama and that the new arrangement increases student housing options for our students,” said Dean Melanie Leslie. “These new apartments will help the law school attract the finest students from around the nation for years to come.”
Collegium will perform a top-to-bottom renovation that includes common areas with amenities such as a fitness center, study lounge, coffee bar, conference rooms and green space. Detailed floor plans and architectural renderings will be made available to Cardozo students in the coming weeks.
When the Alabama was put up for sale in 2015, a newly renovated Yeshiva University housing facility—the Benjamin—was opened for law students on 29th street and Lexington Avenue. The Benjamin will remain an option for Cardozo students after the Alabama apartments become available. The combined residency options of the Alabama and the Benjamin provide great choices for all Cardozo students who want to live and study in the heart of Manhattan.
“The fact that the co-owner of Collegium, Todd Rosenberg, is a Cardozo graduate makes us doubly certain that Cardozo’s housing options will be extremely attractive to students from around the country,” said Dean Leslie.