Image From NY Times Well that didn’t take long after Stanford’s withdrawal. Cornell Tech NYC tweeted tonight:
*** BREAKING: Cornell Wins Contest For City Tech Campus ***
The Wall Street Journal reports:
Mayor Michael Bloomberg plans to announce on Monday that Cornell University won the high-profile competition to build a new applied-science campus in New York City, people familiar with the decision confirmed Sunday.
The announcement comes three days after Stanford University unexpectedly withdrew from the competition following tense negotiations with the Bloomberg administration. Stanford’s sudden exit left Cornell as the clear favorite, and Mr. Bloomberg plans Monday afternoon to make it official….
More information on the NYC Applied Science & Engineering School available at these previous posts. Click here for the entire article. UPDATE 12/19 – The NY Times reports:
… The announcement, to take place at NewYork-Presbyterian/Weill Cornell Medical Center on the Upper East Side, according to people briefed on the plan, will come three days after Stanford pulled out of the contest, and Cornell announced a $350 million gift, the largest in its history, to help bankroll its proposal.
Speaking on the condition of anonymity because they were not authorized to talk about the matter publicly, those briefed said that Cornell had long before emerged as the front-runner. It was already very much along the way to this result, one said….
and:
… Stanford, seen as an early front-runner, balked at meeting some of the citys conditions during negotiations in recent weeks. City officials also said it was not clear that Stanfords entire team administration, faculty and alumni was as wholeheartedly behind the project as Cornells people were, measured in part by Cornells ability to raise money for it….
Click here for the entire article. UPDATE 12 PM -The NYC’s Mayor’s Office Tweets:
The Mayor joins Cornell & Technion for a game-changing announcement for NYCs economic future. Stream live at 2:30