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StanfordNYC is one of seven proposals for a new applied sciences campus in New York City
2 November 2011 - STANFORD
The city, along with an advisory committee, will evaluate the seven proposals, with a decision expected in January.
New York City Mayor Michael R. Bloomberg announced Monday that the city has received seven qualifying responses to Applied Sciences NYC , its initiative to build or expand a state-of-the-art engineering and applied sciences campus in the city.
At a Monday press conference , Bloomberg said that the city, along with an advisory committee, will evaluate the proposals over the next several weeks, with a decision expected in January. (Earlier, the city said it would make a decision in December.)
New York City is offering access to city-owned land and up to $100 million in funding to the institution – or institutions – it selects for the new applied sciences campus. After selection and negotiations, the project could break ground as early as 2012.
The institutions that submitted proposals were:
New York University , with the University of Toronto , the University of Warwick (England), the Indian Institute of Technology, Bombay , the City University of New York and Carnegie Mellon University
New York Genome Center, with the Mount Sinai School of Medicine ; The Rockefeller University and the State University of New York at Stony Brook
The proposals contain plans for new facilities ranging from just under 400,000 square feet to more than 2 million square feet, the mayor’s office said in a news release. The institutions have proposed private investments of more than $800 million during the first phases of their projects, with long-term plans for more than $2.5 billion in private investment.
"Universities are always a major magnet for talent – and the world’s most dynamic companies always gravitate to places where they can find the best and the brightest," Bloomberg said. "Along with everything we are doing to diversify and strengthen our economy, a new applied sciences campus has the potential to be a real economic game changer that will create jobs immediately, and for generations."
New York City has requested a quiet period for review and evaluation. Stanford administrators expect to travel to New York City after Thanksgiving to discuss StanfordNYC with city officials.
At a Monday press conference , Bloomberg said that the city, along with an advisory committee, will evaluate the proposals over the next several weeks, with a decision expected in January. (Earlier, the city said it would make a decision in December.)
New York City is offering access to city-owned land and up to $100 million in funding to the institution – or institutions – it selects for the new applied sciences campus. After selection and negotiations, the project could break ground as early as 2012.
The institutions that submitted proposals were:
New York University , with the University of Toronto , the University of Warwick (England), the Indian Institute of Technology, Bombay , the City University of New York and Carnegie Mellon University
New York Genome Center, with the Mount Sinai School of Medicine ; The Rockefeller University and the State University of New York at Stony Brook
The proposals contain plans for new facilities ranging from just under 400,000 square feet to more than 2 million square feet, the mayor’s office said in a news release. The institutions have proposed private investments of more than $800 million during the first phases of their projects, with long-term plans for more than $2.5 billion in private investment.
"Universities are always a major magnet for talent – and the world’s most dynamic companies always gravitate to places where they can find the best and the brightest," Bloomberg said. "Along with everything we are doing to diversify and strengthen our economy, a new applied sciences campus has the potential to be a real economic game changer that will create jobs immediately, and for generations."
New York City has requested a quiet period for review and evaluation. Stanford administrators expect to travel to New York City after Thanksgiving to discuss StanfordNYC with city officials.
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