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Thom Mayne, the architect behind Cooper Union’s perforated metal building at 41 Cooper Square, has been selected to design the first academic building of the coming applied sciences campus on Roosevelt Island.

Mayor Michael Bloomberg is marking another milestone in the Applied Sciences NYC initiative. He announced Monday that a second proposal for a high-tech campus will go forward in downtown Brooklyn.

Moody’s warned that Cornell University's plan to build a high-tech graduate school in New York City comes with risks that could jeopardize their credit rating in the future.

Mayor Michael Bloomberg announced Monday that Cornell University, with its partner the Technion - Israel Institute of Technology, has been chosen to build a new applied sciences and engineering school on Roosevelt Island.  It is another sign of his administration’s push to promote and expand the city’s growing technology sector.

Mayor Michael Bloomberg declared Cornell University the winner of a competition to build an applied sciences campus in New York City.

Stanford University, which was considered a leading contender in the competition to build an applied sciences campus in New York City, has withdrawn its application, less than a month before the winner was to be announced.

The competition is underway to see which university will be selected to build a state of the art engineering and applied sciences campus in New York City.

The deadline for universities to submit their bids to open a new engineering school in the city with the help of the Bloomberg administration is today.

Mayor Michael Bloomberg wants to attract a major research institution to New York City — and, as incentive, is offering publicly owned land and as much as $100 million in funding to a potential partner institution to be chosen through an application process.