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USPS Sells One Peck Slip for $13.5M, Makes Way for School

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The NYC School Construction Authority just closed on the purchase of One Peck Slip from the Postal Service, paying $13.5 million to convert the 60-year-old building into an elementary school opening in 2015. The lower Manhattan neighborhood is "one of the city's fastest-growing residential neighborhoods" and the primary school will accommodate precisely 476 students in 71,000 square feet spread over four stories. Broadsheet Daily reported earlier this month that the post office would "vacate the entire building, moving the retail operation and mail sorting facility once housed at Peck Slip to the former Andrews Coffee Shop at 116 John Street."
· New school coming to Postal Service building [Crain's]
· Class Struggle in Lower Manhattan [Broadsheet Daily]