Most of the chatter around Bloomberg's dangling bid for an applied sciences graduate school is focused on Stanford and Cornell, but New York University is piping in with some grand plans of its own. NYU proposes converting the long-underused (and now on the market) MTA headquarters in Downtown Brooklyn into a "Center for Urban Science and Progress," where engineers can work to solve urban, global problems like traffic, pollution, and energy conservation. If the university wins with its proposal for an urban science center, it will forgo rights to build on Roosevelt Island, which makes sense: according to NYU honcho Paul Horn, "It's a terrific entrepreneurial center. There are a lot of advantages to being there as opposed to isolated somewhere."
· NYU eyes former MTA headquarters for urban grad school in Bloomberg's contest for new university [NYDN]
· The MTA's Five Worst Real Estate Deals [Curbed]