Touro College

10 West 65th Street
New Dormitory for Touro College – Lander College for Women

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The Problem

In order to expand the Lander College for Women, a division of Touro College, and attract more students, market conditions required an expenditure of $130 million to acquire or build a new dormitory facility.

The Solution

Acting on Touro’s behalf, Cumulus Corporation proposed acquiring an existing residential building that had been partially vacated due to a failed conversion.

The Benefit

This resulted in a savings to the client of $84 million and 2 years of construction and market risk. Touro College now owns one of the finest addresses in the world, just steps from Central Park West.

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