NYC Planning Commission OKs $2B Cornell Tech Campus

Law360, New York (March 20, 2013, 5:06 PM EDT) -- The New York City Planning Commission on Wednesday approved Cornell University and the Technion-Israel Institute of Technology's plan to build a $2 billion science and technology campus on Roosevelt Island.

The decision pushes the huge development forward in the land use process, leaving it one more hurdle — the City Council — before the schools can officially begin building the campus on a 12-acre parcel of the island.

The Roosevelt Island campus is expected to open in 2017, but the first "beta" class of students began...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.