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The Princeton Club of New York was a private club located in Midtown Manhattan,
New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...
, New York founded in 1866 as the Princeton Alumni Association of New York. It reorganized to its final namesake in 1886. Its membership composed of alumni and faculty of
Princeton University Princeton University is a private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth as the College of New Jersey, Princeton is the fourth-oldest institution of higher education in the United States and one of the ...
, as well as 15 other affiliated schools. In 2021, the club defaulted on its mortgage debt, and its clubhouse is in the process of being sold to the highest bidder.


History

The club was founded as the Princeton Alumni Association of New York in 1866. In 1886, it reorganized as the Princeton Club of New York, incorporating as a club under New York laws on December 12, 1899. Since its incorporation, the club has had four homes, with its current location being at 15 West 43rd Street in
Manhattan Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five boroughs of New York City. The borough is also coextensive with New York County, one of the original counties of the U.S. state ...
since February 1963. The clubhouse was established on Clubhouse Row, where many of New York City's other clubs are located. In October 2021, the club defaulted on $39.3 million in mortgage debt from lender Sterling National Bank, and as a result, the building is in the process of being sold to the highest bidder. In December 2021, 15 West 43rd Street LLC purchased the defaulted loan from Sterling National Bank and in June 2022 the LLC sued to foreclose on the property. Unlike other alumni clubs on Clubhouse Row, the organization has no financial relation to
Princeton University Princeton University is a private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth as the College of New Jersey, Princeton is the fourth-oldest institution of higher education in the United States and one of the ...
.


Amenities

The ten-story club featured a variety of amenities for its members, including two restaurants, banquet space, a fitness center, squash courts, and 58 guest rooms. The club featured , where it hosts events throughout the year for its members.


Membership

Membership in the Princeton Club was restricted to alumni, faculty, and students of Princeton University, as well as 15 other affiliated schools. Per the club's official website, which is now shuttered, it served over 6,000 alumni. Since its creation, other schools' clubs had moved in-residence, such as
Columbia University Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...
in 1998 and
Williams College Williams College is a private liberal arts college in Williamstown, Massachusetts. It was established as a men's college in 1793 with funds from the estate of Ephraim Williams, a colonist from the Province of Massachusetts Bay who was kill ...
in 2010. The
Columbia University Club of New York The Columbia University Club of New York is a private university alumni club that extends membership to all graduates (and their families) of all the schools and affiliates of Columbia University, as well as Columbia undergraduate students, grad ...
later moved out in 2017 because of issues with the residence agreement and is now in residence at the nearby 30 West 44th Street.


See also

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List of American gentlemen's clubs The following is a list of notable traditional gentlemen's clubs in the United States, including those that are now defunct. Historically, these clubs were exclusively for men, but most (though not all) now admit women. On exclusivity and as ...


References

{{DEFAULTSORT:Princeton Club Of New York 1899 establishments in New York City Princeton University Midtown Manhattan Gentlemen's clubs in New York City Organizations established in 1899