Applied Sciences NYC

Billionaire Throws a Cool $133 M. at Cornell-Technion Campus

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Another billionaire just chipped in on the Applied Sciences NYC project on Roosevelt Island.

Irwin Jacobs, founder of wireless telecommunications company Qualcomm, and his wife, Joan Klein Jacobs, are shelling out $133 million for a new center to be built on the highly-anticipated engineering campus.

“This transformative gift will support the distinctive international partnership between Cornell and the Technion that is already creating a new model of graduate tech education in New York City,” said Cornell President David Skorton, in a prepared statement announcing the gift. Read More

Lease Beat

NYU to Lease 26,000 Square Feet at Brooklyn’s Metrotech Center

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NYU’s Center for Urban Science and Progress will temporarily lease 26,000 square feet of space from Forest City Ratner at Downtown Brooklyn’s Metrotech Center, where it will host its inaugural class of 50 students this fall.

Construction has begun on the space at 1 Metrotech as the school awaits the completion of its new home at nearby 370 Jay Street, slated for completion in 2017.

The Metrotech space will include 83 offices and workstations for faculty and staff; collaborative spaces at the corners of the building; and at least three labs, according to NYU. Read More