Princeton Club of New York
The Princeton Club of New York was a private club located in Midtown Manhattan, New York City, New York founded in 1866 as the Princeton Alumni Association of New York. It reorganized to its current namesake in 1886. Its membership is composed of alumni and faculty of Princeton University, 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 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 by  the end of November 2021. Unlike other alumni clubs on Clubhouse Row, the organization has no financial relation to Princeton University. Amenities. The ten-story club features a variety of amenities for its members, including two restaurants, banquet space, a fitness center, squash courts, and 58 guest rooms. The club features , where it hosts events throughout the year for its members. Membership. Membership in the Princeton Club is restricted to alumni, faculty, and students of Princeton University, as well as 15 other affiliated schools. Per the club's official website, it serves over 6,000 alumni. Since its creation, other schools ' clubs have moved in-residence to the clubhouse, such as Columbia University in 1998 and Williams College in 2010. Some clubs have moved out, like the Columbia University Club of New York in 2017 because of issues with the residence agreement.