NYU has several studios within Tisch. I believe CAP21 was their MT studio as the others are acting studios (they may have some music/dance but I think their focus is on acting). They now have a MT focused studio called The New Studio which was formed upon CAP21’s departure. Tisch is great and has had a ton of success but there studio placement causes some angst for some (not for others). Essentially upon auditioning, you have to select either A. All studios (Including The New Studio) and accept where they place you - just going by the numbers a 90% chance of not being placed in the MT focused studio, or B. Exclusively placement into The New Studio - which means New Studio or bust. I believe the All Studios is a two yr commitment to that studio and then it opens up to other options (not sure if those options include The New Studio- I would assume not).
CAP21 was acquired by Molloy College in 2014 thus giving Molloy access to a great program in lower Manhattan.
As you would imagine, there are several really fine MT programs in NYC. Some others to think about are Pace, Marymount Manhattan, Manhattan School of Music and I’m sure several others.