Universities Seek NYC Real Estate In Effort To Keep Their Relevance

A bachelor's degree used to be crucial for young jobseekers, but it's losing relevance amid AI fears and a slack labor market. As higher education institutions try to keep their place as an essential step toward building a career, their leaders are looking to New York City real estate to bridge that gap. NYC locations give them two fundamental ways to stay relevant: proximity to one of the country’s liveliest job markets and experiential learning opportunities. “Partnering, being embedded with industry, and building that relationship is super important,” James Kellerhouse, a vice chancellor for strategic initiatives at Vanderbilt University's upcoming Manhattan campus,...