> Homepage
> Print version
> View previous issues

News Nobel Prize Research Academic Excellence
From the President
Technion Cornell
VP Prof. Boaz Golany
Goes Public
Technion - Cornell partnership wins coveted bid to boost NY R&D

Applied Sciences NYC Initiative Designed to Dramatically Transform City’s Economy and
Create Tens of Tens of Thousands of Jobs
© Skidmore, Owings & Merrill, LLP

“Today will be remembered as a defining moment,”said Mayor of New York Michael Bloomberg when he announced that the Cornell-Technion partnership had won the city’s tender for an applied science graduate school and research campus. The NYC Tech Campus on Roosevelt Island will combine the full spectrum of both institutions’ academic strengths, entrepreneurial culture, and leadership in commercialization and technology transfer.

Over the next three decades some 600 spin-off companies are anticipated, Bloomberg predicted. Cornell President David J. Skorton outlined how technology is no longer just for the sake of technology but is technology in the service of business and industry. Technion President Peretz Lavie said that this undertaking is “something new that will energize the city.”

“Of all the applications, this was the boldest and most ambitious.”
- Michael Bloomberg, NYC Mayor
According to Lavie, the Technion-Cornell Innovation Institute (TCII) will lend a new dimension to Israeli academia with faculty exchange through sabbaticals and PhD students. TCII will be organized into multidisciplinary hubs, Technion’s concept based on the success of multidisciplinary centers such as the Russell Berrie Nanotechnology Institute, the Grand Technion Energy Program, and the Lorry I. Lokey Interdisciplinary Center for Life Sciences and Engineering.

The three hubs are Connective Media (media technologies, connecting people); Healthier Life (health care provision); and Built Environment (technologies for the urban environment).

The proposed green NYC Tech Campus was planned by a top architectural firm and it is a model of energy balance. The projected Phase One main academic building is a netzero energy building, namely, it will harvest as much energy from solar power and geothermal wells as it consumes on an annual basis. The campus is planned to include a solar array that will generate 1.8 megawatts at daily peak and a 400- well geothermal field, to cool buildings in the summer and heat them in the winter. Green space, open to the public, will provide views of the Manhattan and Queens waterfronts.

“A new, world-class applied sciences campus on Roosevelt Island is a perfect holiday gift for our city that will pay dividends for generations… I thank Mayor Bloomberg for having the vision to bring an applied sciences school to New York, and for having the wisdom to choose Cornell and the Technion - and a location on Roosevelt Island - to build this incredible new school,” said Congresswoman Carolyn Maloney.

© 2012 Technion-Israel Institute of Technology, Division of Public Affairs and Resource Development
All rights reserved. If you wish to use any text or graphics contained herein, please contact focus@technion.ac.il