Even in flush times, the New York City public school system has capital needs that far outstrip its budgets, and so for several years now, the School Construction Authority has been looking at its biggest asset: the 1.5 acres of land under the schools themselves. At 250 East 57th Street, on a site that used to hold P.S. 59 and the venerable High School of Art and Design, work has begun on the first phase of a one-million-square-foot complex that will house the rebuilt schools, as well as housing and retail. Roger Duffy, the lead architect at Skidmore, Owings & Merrill, explained the logic of the idea: “A lot of school sites in New York remain underdeveloped in terms of FAR (floor-area ratio).”
In exchange for the right to create a lucrative mixed-use development on the block-through parcel, developer World Wide Holdings negotiated a deal with the State Board of Education to rebuild and enlarge both schools on the site. In addition to lease payments, a PILOT (Payment In Lieu Of Tax) scheme will contribute additional funds to other education programs across the city.

The project's first phase will include an enlarged P.S. 59.

Generous outdoor terraces are designed to serve different age groups of students.
