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
National

Florida man charged with murdering son to play…

A Florida man annoyed that his 16-month-old crying son was preventing him from playing video games suffocated the toddler, police said on Friday.

International

Powerful 7.2 magnitude earthquake rattles Mexico

A powerful earthquake struck Mexico Friday, shaking buildings and sending people running into the street, although there were no reports of major damage.

News

OMG! Exercise can make skin (and butt) look…

A moderate exercise regime can turn back time and actually reverse the skin's aging process, according to new research. The study showed that a minimum…

International

Jews in eastern Ukraine ordered to register, Kerry…

Secretary of State John Kerry condemned reports that Jews in eastern Ukraine had been ordered to register with the authorities "or suffer the consequences."

Entertainment

Whoopi Goldberg makes her debut as marijuana columnist

"It helps my head stop hurting, and with glaucoma your eyes ache, and she takes the ache out. It's wonderful," she said.

The Word

Kate Middleton made fun of Prince William's bald…

Kate Middleton and Prince William are in Sydney, Australia, right now, and it sounds like that brash Aussie sense of humor might be rubbing off.

The Word

Is Tom Cruise dating Laura Prepon?

"Mission: Impossible" star Cruise is said to be dating Laura Prepon, star of "Orange is the New Black."

Television

'Scandal' recap: Season 3, Episode 18, 'The Price…

Sally is Jesus, Olivia caused global warming, and Mellie's still drunk. Let's recap the Scandal finale. A church full of Washington insiders is about to…

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.

NFL

Chris Johnson: I wanted to go to 'a…

Now that Chris Johnson is a Jet, the team has to figure out if one of the most explosive players in the NFL over the last half decade has anything…

Tech

VIDEO: 'Vein-scanning' may become the future of paying

Designed to make transactions quicker and easier, the technology works by scanning the unique vein patterns in each person's palm.

Tech

#FollowFriday: 10 of the smartest Twitter accounts

Spending lots of time on Twitter? You might as well learn something. Here are some of the smartest accounts to follow.

Style

Light-up nail art syncs with phone

This Japanese technology syncs light-up nail art with your phone.

Wellbeing

Why is dance cardio taking off in NYC?

Instructors at some of the city's hottest classes explain why.