Photo: Faye / Flickr Creative Commons
HUNTER COLLEGE–Amid protests from students, the CUNY Board of Trustees voted Monday afternoon to approve the contract by which Starbucks will rent space in Hunter College’s West building.
Under the contract, Starbucks will not pay rent during the 8-month construction period. Once construction ends, Hunter College will spare Starbucks up to a year’s worth of rent to offset costs incurred by the coffee chain during construction. After that, Starbucks will pay $411,390 per year for the first five years and $452,529 per year for the next five years to rent out the 2,959 square foot space.