Bloomberg Philanthropies Gives $100 Million for Cornell University’s New Campus in New York City

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Cornell-NYC-Tech

Former New York City Mayor Michael Bloomberg joined his successor Mayor Bill de Blasio yesterday for the groundbreaking ceremony for Cornell University’s new Tech campus to be built on Roosevelt Island. Bloomberg’s charitable trust, Bloomberg Philanthropies, has donated $100 million to the construction of one building in the project.

Roosevelt Island is located in New York’s East River between Manhattan and Queens.

The new building will officially be called, “The Bloomberg Center — in honor of Emma and Georgina Bloomberg, ” the former mayor’s two daughters. Designed by Thom Mayne of Morphosis Architects, the energy efficient building is expected to open in 2017.

Cornell won a competition to win the rights to build the new campus in the City which was held when Bloomberg was still the Mayor.

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“New York became the greatest city in the world because we dare to dream bigger than anyone else and this project, I think, is part of that tradition, ” Bloomberg told the audience at the ceremony.

“From my perspective, this is closure of a process that Mike Bloomberg and his team started some years ago by creating the applied sciences initiative, ” Dr. David J. Skorton, the president of Cornell, said. “The Bloomberg Center will, in perpetuity, carry the name of the person whose idea the whole campus was.”

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