King's Negotiating Move to Financial District

Financial District, NEW YORK– The King's College is negotiating a lease with a building in lower Manhattan near Wall Street and hopes to sign in mid-April, Chief Executive Officer Duanne Moeller says. An email will be sent out to students as soon as the lease is final. "The area is one of the most important square miles in the world," President Dinesh D'Souza wrote in an email sent out to students Tuesday, Mar. 6. Pres. D'Souza also said, "Relocating there will give each of you more internship and career opportunities."

The new space is more than 60,000 square feet, complete with its own entrance, two elevators, a cafeteria, an auditorium, classrooms and offices. "It is a space that will transform the King's experience," Pres. D'Souza wrote in the same email. "Best of all ... there is no basement."

If the lease is signed, the college plans to transition to the new space this summer, and classes will resume in the fall on the new campus.

This is a developing story. Meagan Clark contributed to this report.