The New York Times: Bloomberg Philanthropies Gives $100 Million to Cornell Tech

Tomorrow, Cornell Tech will announce a $100 million gift from Bloomberg Philanthropies to construct The Bloomberg Center— the first academic building on the school’s Roosevelt Island campus.

The New York Times reports:

That building will be called the Bloomberg Center, solidifying Cornell’s ties to former Mayor Michael R. Bloomberg. Cornell Tech won a $400 million competition three and a half years ago to build an applied sciences campus on the island, in New York City, an initiative created by the Bloomberg administration.

“From my perspective, this is closure of a process that Mike Bloomberg and his team started some years ago by creating the applied sciences initiative,” Dr. David J. Skorton, the president of Cornell, said. “The Bloomberg Center will, in perpetuity, carry the name of the person whose idea the whole campus was.”

Read the full story in The New York Times.