NYU Lands City-Owned Site For Brooklyn Sci-Tech School

Law360, New York (April 23, 2012, 4:04 PM EDT) -- A consortium led by New York University and including tech giants IBM Corp. and Cisco Systems Inc. will convert a mostly vacant city-owned building in Brooklyn into a science and technology college, New York City Mayor Michael Bloomberg announced Monday.

The NYU Center for Urban Science and Progress, to be located at 370 Jay St. in downtown Brooklyn, is the second campus approved by Bloomberg in his efforts to make New York a rival to Silicon Valley — a fertile ground for applied technology that can...
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