NYU to invest more than $500M in Brooklyn on science, engineering, emerging media
NYU President Andrew Hamilton is scheduled to outline the university’s more than half-a-billion-dollar investment in Brooklyn over the next decade to expand and upgrade science, technology, engineering and emerging media disciplines at an Association for a Better New York breakfast tomorrow, according to a press release from the school. The investment will provide space and support not only for the applied sciences, but also for new initiatives and approaches that rely on the fusion of science, technology and creativity that is a signature feature of what both NYU and Brooklyn’s burgeoning tech sector have to offer.
In fall 2016, Hamilton identified improving the sciences at NYU as a major priority of his administration. The expansion and improvement of science and applied science in Brooklyn will be an important element in the overall plan to accomplish that goal, particularly by building on the strong foundation that the Brooklyn-based Tandon School of Engineering provides.
A centerpiece of the growth in Brooklyn is the transformation of the moribund former MTA headquarters at 370 Jay St. into a building that brings together scientists, engineers and creative artists of various stripes. NYU was awarded a 99-year lease for the building in 2012 as a winner of the city’s Applied Sciences NYC initiative. NYU programs will start moving into the facility in the fall of this year.