Next Steps for Applied Sciences NYC

Mayor Bloomberg announced that the City has received seven qualifying responses to Applied Sciences NYC, the City's groundbreaking economic development initiative to build or expand a state-of-the-art engineering and applied sciences campus in New York City. Seventeen world-class institutions from around the globe responded to the Request for Proposals, which seeks a university, institution, or consortium to develop and operate a new or expanded campus in the City in exchange for access to City-owned land and up to $100 million in City capital.

The responses to the Applied Sciences NYC Request for Proposals were from the following institutions for the following sites:

• Amity University (Governor's Island)
• Carnegie Mellon University/Steiner Studios (Brooklyn Navy Yard)
• Columbia University (Manhattanville)
• Cornell University/Technion-Israel Institute of Technology (Roosevelt Island)
• New York University/University of Toronto/University of Warwick (UK)/The Indian Institute of Technology, Bombay/City University of New York and Carnegie Mellon (Downtown Brooklyn)
• New York Genome Center/Mount Sinai School of Medicine/Rockefeller University/SUNY Stony Brook (Midtown Manhattan)
• Stanford University/City College of New York (Roosevelt Island)

By the numbers, the proposals contain plans for:

• Facilities ranging from just under 400,000 sq ft to over 2 million sq ft
• Private investments of more than $800 million in the first phases of their projects, with long-term plans to involve private investment of more than $2.5 billion
• Hundreds of top-tier faculty members
• Thousands of new graduate students
• New lab, classroom, and research space
• New public open space
• Space for companies that will spin out from these institutions

The proposals will be evaluated by the City as well as an Advisory Committee over the next several weeks, with selection expected in January. After selection and a period of negotiation, the project could break ground as early as next year.

Mayor Bloomberg made the announcement at the headquarters of Next Jump, a NYC-based company that develops technology for corporate loyalty and rewards programs and has about 120 employees, the majority of whom are engineers. He was joined by NYC Deputy Mayor Robert K. Steel, NYCEDC President Seth W. Pinsky and Next Jump CEO Charlie Kim.

For more info, read the press release and follow Applied Sciences NYC on Facebook and Twitter for the latest updates.