Volume 17 • Issue 15 | SEPTEMBER 3 - 10, 2004


Business college expands near Wall Street

By Deborah Lynn Blumberg

Lower Manhattan, Brooklyn and Staten Island students interested in studying business now have another option closer to home — Berkeley College, a 73-year-old New York and New Jersey-based institution specializing in business, will soon open a new location in Lower Manhattan.

Opening in September, the college’s Lower Manhattan Extension Center —a 20,000-square-foot space at 130 William St. in the heart of the Financial District — will help alleviate space limitations at Berkeley’s growing Midtown location. The center will also provide a more accessible location for students commuting from other city boroughs, such as Brooklyn and Staten Island, said Phil Krebs, Berkeley’s senior vice president for academic affairs and chief operating officer of the New York system. Faculty, staff and students are excited for the opening and the chance to participate in the revitalization of Lower Manhattan, Krebs said.

“With the reemergence of the Financial District, [Downtown] felt like a good match for us, since we’re a business college,” Krebs said. “We’ve also been experiencing remarkable growth in our Midtown location and were looking to better serve our present population.” In the last 10 years, the population of the college’s Manhattan campus has increased by 140%, to almost 1,900 students, he said.

Adjacent to the Fulton St. subway station entrance, the new center will occupy the second and third floors of the 12-story William St. building and include nine classrooms, three computer labs, a library and a student lounge. Up to 375 students working towards bachelors and associates degrees in general business, international business, accounting, management, marketing and office systems management will start classes in the building on Sept. 27, the first day of the fall term.

Students can take up to 80% of credits towards their degree at the center and then transfer to the Midtown campus or another college campus to complete the degree. “They can even finish up their degree online,” Krebs said.

Administrators anticipate the new, more accessible location to attract more students from Staten Island and Brooklyn over the next several years. Only 30-40 students from Staten Island are currently enrolled at Berkeley. “I think we’ll increase the population we attract from Brooklyn — because of accessibility issues—and also people working in Manhattan, whether its high school students or adult learners,” Krebs said.

Established in 1931, Berkeley has students from 18 states and 76 foreign countries. The college’s 55,000-square-foot Midtown location on 43rd St. near Fifth Ave. is one of five campuses in New York and New Jersey.

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