 The Newmark Graduate School of Journalism is located in Midtown Manhattan, near Times Square.It is housed in the former headquarters of "The New York Herald Tribune," on West 40th Street which CUNY purchased in August 2004 for $60 million.Renovation of the building cost $10.7 million and took place at the same time that "The New York Times" was building a new, 52-story office tower to house its headquarters next door.