New York University announced its newly-constructed 75,000 sq. ft. academic center at Washington D.C. open Monday.

President John Sexton and Board of Trustees Chair Martin Lipton officially declared it open by a ribbon-cutting ceremony.

The campus named "Constance Milstein and Family Global Academic Center," will be an addition to the already existing 14 NYU-operated academic sites across Africa, Asia, Australia, Europe, the Middle East, and North and South America. As of now, the university has campuses in New York, Abu Dhabi, and Shanghai.

It's a study-away center which will house 120 students per semester enrolled in courses or pursuing internships, and provide living and work space for faculty who are teaching and conducting research. The building includes state-of-the-art classrooms, dorm rooms, faculty offices and residential space, research space, and a 140-seat auditorium.

Curricular offerings will focus on government, politics, public administration, and journalism, among other fields.

Sexton said the new academic facility for teaching, learning, and research for NYU students and faculty in Washington DC will give them an 'opportunity to study government, policy-making, and international relations and national security close-up and in real time.'

With an increase in the number of foreign students at the university, the D.C. campus comes at an opportune moment. What better place than the political hub and bureaucratic center of U.S., Washington D.C., to help non-U.S. students understand the government, law and values of America, he said.

Constance Milstein, Principal and Co-founder of Ogden CAP Properties, LLC, and Ronald Abramson, a shareholder in the firm of Buchanan Ingersoll & Rooney, were the project's major donors.

Milstein made the lead gift of $10 million towards the construction, and Abramson donated the land for NYU Washington DC, valued at $5 million.

Hence, the center is named after Milstein who is the lead donor.

In addition to the three campuses, NYU has 10 Study Away sites in Accra, Berlin, Buenos Aires, Florence, London, Madrid, Paris, Prague, Sydney, and Tel Aviv.