Columbia University announces new science school
The city will be creating more space to attract brainiacs to the Big Apple.
The mayor and Columbia University announced Monday a new addition to its Morningside Heights Campus, a 44,000-square- foot building that will house a new science center.
When completed in 2016, the Fu Foundation School of Engineering and Applied Sciences will help enhance the city's reputation as an tech-friendly metropolis and generate $4 billion in revenue, according to Mayor Michael Bloomberg.
"This historic partnership is the newest element in the applied sciences initiative that is, by far, the largest and most far-reaching economic development effort city government has undertaken in modern memory," he said in a statement.
The city will give Columbia $15 million in financial assistance and the school will hire 75 science-based faculty members over the next 15 years.
The institute will feature five centers of focus: new media, smart cities, health analytics, cybersecurity and financial analytics.
Bloomberg has been pushing for a bigger science presence in the city and awarded a contract to Cornell University to set up a science campus on Roosevelt Island in 2017.
Graduate students taking part in the Cornell program will start their classes this fall in a special space at Google's Chelsea offices.