Financial District in Manhattan in New York County, New York — The American Northeast (Mid-Atlantic)
Pace University
One Pace Plaza
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Pace University
Founded in 1906 as a small private accounting school – its first class including just 13 students, meeting in a rented room – Pace has grown into a major university that prepares students for a wide range of professions. Although it boasts a law school in White Plains, an environmental center in Pleasantville, and international programs on four continents, Pace has never lost sight of its roots: a school offering innovation and opportunity to a student body drawn from the strivers among each new generation of New Yorkers.
On “Newspaper Row”
Pace University has been located near Park Row – once known as “Newspaper Row” because of the many newspaper headquarters there – since the Pace brothers rented their first classroom at 154 Nassau Street, home of the old New York Tribune.
The Pace Brothers
Homer St. Clair Pace, preparing for a certified public accountant exam, found “very little and very poor instruction along these lines” – an extraordinary lack here in the countrys financial center. Seeing and opportunity, Homer and his brother Charles borrowed $600 to open a one-classroom business school. Pace University – that classrooms descendant, now expanded into multiple campuses, not to mention Pace global centers in China, Brazil and Italy – recently celebrated its hundredth anniversary.
Student Body
Paces student body has been effortlessly diverse from its beginnings. The first class of 13 included three women – 17 years before the constitutional amendment granted women the vote in 1920 – and students of color joined the Pace community early in its history. Over the decades, countless Pace students – including newcomers from across the country and around the world – have been the first in their family to attend college.
Erected by The Alliance for Downtown New York, Inc.
Topics. This historical marker is listed in this topic list: Education. A significant historical year for this entry is 1906.
Location. 40° 42.7′ N, 74° 0.336′ W. Marker is in Manhattan, New York, in New York County. It is in the Financial District. It is at the intersection of Spruce Street and Park Row, on the left when traveling south on Spruce Street. Touch for map. Marker is in this post office area: New York NY 10038, United States of America. Touch for directions.
Regionally, this marker is in New York City. It is also in the American Northeast and in the Mid-Atlantic. Globally, it is in the North Atlantic Region, North America, the Western Hemisphere, the Western World, and the Anglosphere. Historically, it finds itself in what was once New Netherland and also one of the original Thirteen Colonies.
Other nearby markers. At least 8 other markers are within walking distance of this marker: Benjamin Franklin (within shouting distance of this marker); New York City Hall (within shouting distance of this marker); Pace College (within shouting distance of this marker); The Brooklyn Bridge (about 400 feet away); First Underground Railway Excavation (about 400 feet away); The Provost Prison (about 400 feet away); Nathan Hale (about 400 feet away); 200th Anniversary of the Construction of City Hall (about 400 feet away). Touch for a list and map of all markers in Manhattan.
Other markers no longer nearby. Newspaper Row (was within shouting distance of this marker but has been confirmed missing); September 11, 2001 Living Memorial Grove (was about 300 feet away, measured in a direct line but has been permanently removed).
More about this marker. The upper right of the marker features a picture of Pace with a caption of “Since 1951, Pace has owned and occupied 41 Park Row, a handsome, early skyscraper built for the New York Times in 1889.” A modern photograph of the University building appears on the markers left. Under this are portraits of the Pace brothers: Homer St. Clair Pace and Charles Ashford Pace; and a photo of students and a teacher in an early classroom.
Credits. This page was last revised on January 31, 2023. It was originally submitted on September 16, 2011, by Bill Coughlin of Woodland Park, New Jersey. This page has been viewed 819 times since then and 30 times this year. Photos: 1, 2, 3, 4. submitted on September 16, 2011, by Bill Coughlin of Woodland Park, New Jersey. 5. submitted on January 7, 2019, by Larry Gertner of New York, New York.




