Issue 4, Spring 2021 - The Quadrangle

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the Quadrangle

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Volume CIII, Issue 4

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NEW YORK, FEBRUARY 23, 2021

O’Malley School of Business Adds Real Estate Minor Manhattan College students have the opportunity to pursue a minor in real estate through the O’Malley School of Business beginning this semester. The announcement comes after the formation of the Real Estate Club during the previous academic year. Richard Ross, who acts as the real estate program director that oversees the formation of the curriculum, believes it is important for students to consider a career in real estate in the booming market of New York City. “New York City is a worldclass global city that has excellent market-rate rents in every real estate product type (Retail, Residential, Commercial and Warehouse),” Ross said. “In addition, NYC is recognized as having the best affordable housing agency in the world (HPD), which provides tax abatements, tax credits, low-interest loans and grants to subsidize affordable housing development. Finally, because NYC is so large, there is always a corner of the city that is ripe for development.” Senior economics major, Aidan Gormley, chose to help launch the Real Estate Club for similar reasons and now is the president of the club. Gormley touted the networking opportunities within the real estate industry as being a valuable asset for undergraduate students at the college. “There is such an importance to educating students about real estate because of the college’s location in NYC,” said Gormley. “There is a huge market for real estate in New York City and there are plenty of alumni hiring, which makes it equally important and beneficial.” Since the introduction of the minor, Ross has seen an influx of students interested in the curriculum’s courses. Having taught classes since spring 2020, Ross is excited about keeping the momentum going in future semesters and sees the real estate minor as a practical compliment to almost any

concentration offered in the O’Malley School of Business. “Right now, students with majors in every business-discipline as majors also want to minor in real estate,” Ross said. “This includes finance, marketing, management and accounting. Also, students in urban studies want to minor in real estate. These majors are all natural partners with real estate.” Gormley, who has participated in internships with real estate firms, wishes the minor was available earlier in his college career. Now as a senior, Gormley has taken to being an advocate for why students should consider the minor. “Overall, I think it’s a great program and the information learned in classes is exactly what you will need for the real world,” Gormley said. “If the minor had been around before my senior year, I know I would have taken advantage of the opportunity.” As of now, only students enrolled in the O’Malley School of Business are eligible to add the real estate minor to their course of study. However, as the curriculum continues to develop, Ross hopes that real estate will be an option for every student at the college regardless of academic major. “We also want non-business undergraduates, such as Liberal Arts and Engineering majors, to be able to minor in real estate. We are working on a curriculum to make that possible in the near future.” If all goes well with the pilot program, Ross expects there to be serious discussions on adding a Master of Science in real estate in the future. In the meantime, the ongoing complications caused by the COVID-19 pandemic have created abnormalities in the real estate market. In January, house prices in New York City represented the steepest year-to-year drop ever, with Manhattan and Brooklyn experiencing 6.2 and 5.4 percent drops respectively, according to Bloomberg News. Students are encouraged to engage with faculty members and understand what the real estate program has to offer at Manhattan College as times consistently are changing.

IN A&E:

IN SPORTS:

Shannon Gleba & Pete Janny

Senior Writer & Sports Editor

Snowy Skies Mother Nature brought more snow and campus closures to Manhattan College this week. BRIAN ASARE / THE QUADRANGLE

Study Abroad Set to Resume Summer 2021 Christine Nappi & Nicole Fitzsimmons

Features Editor & News Editor Get your passports ready– the office of Study Abroad is planning to resume programs this summer with accordance to the conditions of the pandemic, which will permit it’s continuation. After stopping the program midway through Spring 2020 and canceling plans for a Fall 2020 and winter intersession program due to worsening conditions, study abroad is set to commence with opportunities in Mexico, France, the Bahamas, Spain, Italy and Portugal. The Director of Study Abroad, Ricardo A. Dello Buono, Ph.D, is hopeful that these programs will happen and ensures that the office of study abroad is following proper safety precautions.

IN NEWS:

COVID Support Group on p. 5

“We’re carefully monitoring a whole panorama of conditions: travel restrictions, visa issuance, conditions on the ground, availability of museums, restaurants, etc,” Dello Buono said. “We think that [the programs] will run, with improving conditions, but of course we won’t hesitate to cancel them if we feel it’s unsafe to run.” Study abroad programs typically consist of long-term and short-term options, where students can stay in various countries for a whole semester or as little as two to five weeks during the winter and summer. Dello Buono finds studying abroad to be a critical learning opportunity and a way for students to build their resume and stand out from others. However, students haven’t been able to take advantage of these opportunities recently–something the office of study abroad is determined to change.

IN FEATURES: Changes to Sunday Mass on p. 7

“We’re doing everything possible to make study abroad available,” Dello Buono said. “We are operating on a, we’renot-going-to-take-risks scenario so, we’re carefully monitoring the situation [and] we’re getting positioned to take advantage of that opening, as the situation improves, [because] it will be the ideal time to travel.” In order to give students the opportunity to study abroad, the office has implemented a number of precautions. However, as Dello Buono describes, if it’s not safe to travel the program will be cancelled. These safety precautions include researching the restrictions of the destination countries, looking at the testing requirements of other countries, mandating the wearing of masks even if the country itself does not require it, encouraging students __________________________ CONTINUED ON PAGE 4

MC Players’ V-Day Production is Back on p. 9

SWEAT: A Space for Female StudentAthletes on p. 11


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