Bloomberg officially transfers 12 acres of Roosevelt Island to Cornell Tech

slide-cornell_tech_campus_4
A rendering of the Cornell campus planned for Roosevelt Island.
Credit: Cornell University

Mayor Michael Bloomberg officially signed over 12 acres of city land to Cornell Tech under a 99-year lease on Thursday, allowing for groundbreaking on the Roosevelt Island campus to begin in January.

The first classrooms are set to open in 2017. Construction of the entire 2 million square-foot campus, which will house approximately 2,000 students and 280 faculty and researchers, will be completed in 2043.

“Our goal has been to make New York City the global capital of technological innovation, and this new campus on Roosevelt Island is a central part of our strategy for achieving it,” Bloomberg said.

“It is one of the most ambitious and forward-looking economic development projects any city has ever undertaken, and it’s going to help add thousands of new jobs to our economy in the decades ahead,” he added.

Thursday’s ceremony marked exactly two years since Cornell University and partner Technion-Israel Institute of Technology were announced the first winners of the Applied Sciences NYC competition. Launched in 2010, the initiative was created to bring applied sciences and engineering campuses to the city.

The Roosevelt Island campus will sit just south of the Ed Koch Queensboro Bridge, currently the site of Coler-Goldwater Specialty Hospital and Nursing Facility. Patients were moved to a new facility in Harlem last month.

Cornell Tech classes already began this fall in space donated by Google at its headquarters in Chelsea.

The three other Applied Sciences NYC campuses are The Center for Urban Science and Progress in Downtown Brooklyn, The Institute for Data Sciences and Engineering at Columbia University and Carnegie Mellon University’s Integrative Media Program at Steiner Studios.

According to the mayor’s office, the schools are expected to generate more than $33.2 billion in nominal economic activity, over 48,000 permanent and construction jobs and approximately 1,000 spin-off companies by 2046.


News
Entertainment
Sports
Lifestyle
Local

Easter 2014: The year's best bonnets

It's Easter, and that means it's time for Fifth Avenue to turn into a veritable catwalk of bonnet-wearers. The annual march, which kicks off at…

Local

Woman arrested for attempted kidnapping of baby in…

Authorities said that a Queens woman behind an attempted kidnapping of an 8-month-old baby boy was arrested on Saturday.

Local

Hate crime charge in attack on Sikh Columbia…

A man has been arrested and charged with a hate crime after he allegedly pulled the beard of a Sikh Columbia University professor as part…

Local

NYPD arrest man after finding body inside plastic…

Police said they found a man stuffed inside a plastic container in a Brooklyn home. Authorities arrested Joshua Simser, 24, in connection to the death

Television

Discovery cancels 'Everest Jump Live' special in wake…

The Discovery Channel has indicated it will not be moving forward with "Everest Jump Live," a planned special about mountain climber Joby Ogwyn's effort to…

The Word

'X-Men' director Bryan Singer drama continues

  News broke late last week that "X-Men" and "The Usual Suspects" director Bryan Singer is being sued by a man who said Singer molested…

The Word

Miley Cyrus cancels more dates, tweeting from hospital

Miley Cyrus is reportedly so sick that she's had to postpone more tour dates. We know this because she has been sitting in a hospital…

Music

Loop are, er, um, back in the loop

Experimental noise rock band Loop's three mid-1980s to early-1990s albums, “Heavens End,” “Fade Out” and “A Gilded Eternity,” were mercifully reissued.

NHL

Rangers blow two-goal lead in Game 2 loss…

The Rangers got out to an early 2-0 lead in Game 2 and the Garden was rocking. But it went downhill quickly from there.

NBA

Deron Williams leads Nets over Raptors in Game…

The Nets traveled to a raucous Air Canada Centre but came out with an important Game 1 victory over the Raptors.

NBA

Carmelo Anthony agonizing over Knicks future as season…

There’s still the cloud hanging over the franchise’s head as to the pending free-agent status of All-Star forward Carmelo Anthony.

NFL

Jets host players with eye toward NFL Draft

The Jets hosted a number of NFL Draft hopefuls for workouts on Thursday, with an eye toward some under-the-radar players.

Travel

Packing: The one thing you need in your…

A new survey that looks at the travel habits of 50,000 people around the world has revealed that Western and Asian globetrotters have different priorities…

Home

Is your chair making it hard to talk?

Ever wished there was an office chair that could make impromptu meetings and discussions more private? The Cristiana Wing Chair is an asymmetrical armchair which…

Travel

Live large at these luxury hotels

From Thai boxing lessons and macabre Dracula tours to the Australian Outback, the Four Seasons hotel chain launched a series of new travel packages this…

Parenting

4 things that every summer camp should have

Alan Saltz, director of the 92nd street Y program lists things that every summer camp should have.