Dignitaries Sign Historic 99-year Lease in NYC
|Technion President Peretz Lavie spoke at New York City Hall just before the signing of the lease.
In a ceremony held today at City Hall in Manhattan, Technion
President Peretz Lavie joined New York City Mayor Michael R. Bloomberg, Cornell
University President David J. Skorton and other dignitaries in the execution of
a historic 99-year lease between the City and Cornell paving the way for construction of the Cornell
NYC Tech campus (home of the Joan and Irwin Jacobs Technion-Cornell innovation
Institute) on Roosevelt Island. The announcement comes two years to the day after Cornell and the Technion
were announced as the winners of New York City’s Applied Sciences NYC
The lease signing makes possible the campus groundbreaking
in January, with the first phase of the campus scheduled to open in 2017. New details and renderings for the
first phase of the full campus were also released today.
To read the full news release issued by the City of New
York, click here.
To view the new
renderings of the campus, click here.