Cuomo has yet to budget money for CUNY nursing school

Hunter College and the Memorial Sloan-Kettering Center paid $226M for the UES site last year

TRD New York /
Feb.February 23, 2016 09:03 AM

The City University of New York’s Hunter College announced back in 2012 it planned to build a 300,000-square-foot nursing school on the Upper East Side, but it turns out Gov. Andrew Cuomo still hasn’t budgeted any money for it.

CUNY’s partner on the project, the Memorial Sloan-Kettering Cancer Center, is moving ahead with its own 500,000-square-foot development on the shared site, at 525-529 East 73rd Street on the Upper East side, but CUNY’s own project remains in limbo, Politico reported.

The combined project was billed by former Mayor Michael Bloomberg as “easily one of the largest real estate transactions city government has ever been involved in,” at a press conference announcing the plans back in 2012.

Cuomo, however, wasn’t involved in the preparation for the press conference, and was only invited at the last minute. The governor didn’t attend, and, afterwards, a top aide, Larry Schwartz, called CUNY officials to angrily complaint about the situation, Politico reported, citing sources.

The partners paid the city $226 million for the site, New York’s 10th largest development site deal in 2015, according to an analysis by The Real Deal. [Politico] – Ariel Stulberg


Related Articles

arrow_forward_ios
Governor Andrew Cuomo and Senator James Skoufis (Credit: Getty Images, NY Senate)

Owners of some residential properties can’t hide behind
LLCs anymore

Governor Andrew Cuomo and 538 Johnson Avenue in Brooklyn (Credit: Google Maps and Getty Images)

Landlords take another hit: Cuomo signs expanded Loft Law

Governor Andrew Cuomo (Credit: Getty Images)

Cuomo wants to exempt NYC from prevailing wage bill

EB-5 sees investment boost, tensions flare between brokers and StreetEasy: Daily digest

EB-5 sees investment boost, tensions flare between brokers and StreetEasy: Daily digest

Granit Gjonbalaj (Credit: LinkedIn)

The purge continues: WeWork’s head of real estate is leaving

Margaret Streicker Porres and 101 West 78th Street (Credit: Linkedin, Corcoran, iStock)

Newcastle Realty was repeatedly accused of violating New York’s old rent laws. Now it says it’s leaving New York because of the new rent law.

The lights of The Hard Rock Cafes marquee are out during Midtown’s Saturday blackout (Credit: Getty Images)

Broadway shows, restaurants see major losses from Midtown’s Saturday blackout

The blackout impacted a 42-block stretch of Manhattan between the Hudson River and Fifth Avenue (Credit: Getty Images)

Con Ed still searching for answers in Manhattan blackout

arrow_forward_ios