Who knew a request for proposal to build a tech campus would offer such edge-of-your-seat drama? Late Sunday night, the Wall Street Journal, New York Post, Bloomberg, and the New York Times all put out stories saying that Cornell won the bid to build a tech campus on Roosevelt Island. Mayor Bloomberg will reportedly make the announcement Monday.
This latest development caps a tumultuous 72 hours in the year-long process of trying to build an engineering mecca that would transform New York into the next Silicon Valley. On Friday afternoon, Stanford–widely thought to be a front-runner and openly courted by Mayor Bloomberg–abruptly announced that it was dropping out of the race. Hours later, Cornell announced an anonymous $350 million donation towards its applied sciences campus proposal. Read More