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Wednesday September 3, 2014

#RooseveltIsland Residents Ponder #Cornell’s Impact

Cornell NYC Tech Campus

As Roosevelt Island prepares for the rise of the new Cornell NYC Tech campus, not everyone is happy. Crain’s New York Business reports residents are concerned about construction and traffic. In order to cut down on traffic and the resulting air pollution, Cornell is considering barge use for delivering materials. A new ferry service to ease commuting is also under consideration.

Residents also wonder what will happen to rents. Much of the island’s housing is under the state’s Mitchell-Lama affordable housing program. But some buildings are opting out of the program for market rate rents, a shift that could gain momentum after the school is established. Another issue is where will patients from Goldwater Hospital go after it closes. The 75-year old long-term care facility, which has polio patients from the 1950s, will be demolished in 2014 to make way for the campus.

Crain’s New York Business