DFMS enters lease agreement for Episcopal Church Center space
An agreement has been completed between the Domestic and Foreign Missionary Society (DFMS) and Lyceum Kennedy French American School http://www.lyceumkennedy.org/lyceum/index.php to lease the Second Floor at the Episcopal Church Center, 815 Second Avenue in New York City.
Currently located at 225 E 43rd St in New York City, this lease provides an expansion of space for the school. Bishop Stacy Sauls, Episcopal Church Chief Operating Officer, explained that the second floor was specifically requested by Lyceum because it has a private entrance/exit, ideal for school purposes.
Lyceum is expected to move into its new quarters in the summer.
The arrangement with Lyceum Schools will provide nearly $380,000 of new revenue in the first 12 months. This lease is coterminous with other leases in the Church Center.
As stated previously, Bishop Sauls stressed that the Second Floor lease does not impact the current conversation on the future location of the Church Center.
The Episcopal Church: www.episcopalchurch.org