Monday June 17, 2019

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CornellNYC Tech Presents Potentinal Real Estate Boom Along the F Line

As many in NY’s tech industry will be looking to see the impact of the new CornellNYC Tech applied science campus, others will be looking to see its affect on the local real estate market as well.  The joint venture between Cornell and Technion-Israel Institute of Technology doesn’t open to students and faculty until 2017 on Roosevelt Island, but Cornell University President David Skorton told Crain’s New York Business that the real estate impact will go beyond the 2 million square foot campus by encouraging businesses to sprout up along the “F-train tech corridor,” the only subway line that will be located near the campus.

He also told Crain’s that He also noted that the new school will remove the barriers between academics and industry, as it “won’t be divided by individual departments, like traditional schools.”

Crain’s New York Business