New York City has selected a proposal by Cornell University, Ithaca, N.Y., and Technion — Israel Institute of Technology, Haifa, Israel, for establishing a graduate school of engineering and applied science. That proposal beat out ones from six other finalists in the city's ambitious plan to bolster its standing in science and technology ("The Big Apple Has a Peach of an Idea").
Classes should start this September in temporary space. The two schools intend to build a $2-billion campus on Roosevelt Island, and hope to complete 300,000 ft2 of space there by 2017 and more than 2 million ft2 by 2037. The campus eventually will host about 280 faculty members and 2,500 students.
Cornell already has received a $350-million gift, the largest in its history, from an alumnus to support the project.