“We are very pleased that the City and the Cornell/Technion partnership have come to agreement on establishing an applied sciences institute on Roosevelt Island.  This is an important development for the city’s economic future, and we congratulate everyone who has been involved with the process.

“NYU and its partners are enthusiastically continuing our talks with City on establishing a new applied sciences institute in Brooklyn.  We believe our Center for Urban Science and Progress will have a transformative impact on the tech sector in Brooklyn, and – along with Cornell’s new institute – make New York a world leader in innovation and technology.“