A tony Upper West Side private school has offloaded its lower-school building to the investment firm Bayrock Capital for $14 million.
“This month, we said goodbye to the 74th Street building, home to Calhoun’s Early Childhood division for over 30 years,” wrote the school — which charges an annual tuition of between $46,000 and $61,000 to its full-time students, of which it has about 625 enrolled for the upcoming school year,“Current and former families, alumni, friends, members of the Trustee community, faculty and staff honored Calhoun parent and Director of Lower School—Early Childhood Alison Rothschild ‘85, and reflected...
Where children enjoyed a premium education as well as a theater, a second-floor rooftop playground and a gymnasium, there will soon be apartments. The real estate transaction comes a year after Calhoun announced its merger with the Metropolitan Montessori School, and less than a month after it went into effect in late June.