Mayor Bloomberg: New York City Ready To Declare War On Silicon Valley

Cornell To Head Up Applied Science And Engineering Center On Roosevelt Island

NEW YORK (CBSNewYork) — Cornell University and the Technion Institute of Technology of Israel have been selected by Mayor Michael Bloomberg to help build a Roosevelt Island Science Center into a rival of California’s Silicon Valley.

1010 WINS Reporter Stan Brooks Reports…

It was a multi-billion dollar competition to build a 2 million square-foot applied science and engineering campus on Roosevelt Island that Bloomberg hopes will catapult New York City into becoming the leading developer of innovation and technology in the country, reports CBS 2’s Marcia Kramer.

“Today will be remembered as a defining moment,” Bloomberg said.

The mayor said Cornell and Technion have some incredible plans for the future.

“Their sweeping proposal envisions an 11-acre campus on the Goldwater Hospital site on Roosevelt Island right in the heart of our city. It promises to create a beehive of innovation and discovery,” Bloomberg said.

The program is part of Mayor Bloomberg’s efforts to build new businesses in New York and to develop the five boroughs as the technical business capital of the world.

“It really is a game changer. In fact, the economic impact will be even greater than we originally thought,” Bloomberg said. “It will generate more than $23 billion in economic activity over the next three decades as well as $1.4 billion in tax revenues.”

“This is a story of connectivity of connectivity between people and their ideas between researchers and business people between students and their dreams,” Cornell President David Skorton said.

The Technion president was told by city officials why they wanted his school to be part of the new development.

“You university took a country with a Jaffa oranges economy and turned it into a semi-conductor economy,” Professor Peretz Lavie said.

The mayor estimates that the school will generate 600 private start-up companies, which will generate in and of themselves another 30,000 jobs.

The school expects to open an off-site campaign in the next year. The first students will attend class on Roosevelt Island by 2017.

Please offer your thoughts in the comments section below.

  • Schmellma Arss

    I believe the time has truly come for this pompous turd of a mayor to truly bask in the healing and restorative rays emanating from my ass.

  • jerseyjoey

    We need all the technical help we can get, if you have not noticed the Chinese and low life muslim states have surpassed the USA in all tech except military and thats only 18 months away from 2nd best, for once the Blooming idiot has a good idea, now I need to go to my shrink after admitting this fact. PS: who really is going to foot the bill and will tuitions be affordable for the mid classes and not just the green pooping snotty rich kids.

    • midi-man

      Haven’t you seen your property taxes yet?
      Us as always.

  • MIT Grad

    Cornell dose not Compete with MIT. MIT rules.

  • Linda Elsey

    In my opinion the design is pretty ugly, jusy saying.

  • Cornell Graduate

    Cornell could already compete with MIT and Stanford. Now we’ll leave them in the dust.

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