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New MTA Chief Endorses Sale of 370 Jay Street Building for NYU-Poly’s Tech Hub

Great news for Brooklyn tech. I wrote about how NYC is planning to attract science and technology students by creating a science and tech campus on Roosevelt Island and an applied sciences campus at 370 Jay Street in Downtown Brooklyn. According to a press release from Senator Squadron today, Joe Lhota believes, “Jay Street will happen long before 347 Madison,” referring to the MTA’s planned sale of its midtown headquarters. Joe Lhota made the statement at his confirmation hearings by the New York State Senate to be chairman and CEO of the Metropolitan Transportation Authority on Monday.

Senator Squadron and his colleagues have been urging the City and the MTA to move forward with NYU-Poly’s proposal for a Center for Urban Science and Progress in the space. The MTA, which has a long-term lease on the building, and the City, which owns the building, must reach an agreement before it can be transferred to a new owner.

Senator Squadron adds, “Chairman Lhota’s comments today were a welcome sign of the MTA’s commitment to putting 370 Jay to use. Now, the City and the MTA must work to make NYU-Poly’s proposal a reality – which would bring jobs to Brooklyn, fuel New York’s growing tech sector, and move forward Downtown Brooklyn’s continued revival.”

Looks like the endorsement of the MTA’s new CEO brings us closer to a Brooklyn technology hub. More info on NYU’s 2031 Downtown Brooklyn strategy.

(Photo from Brownstoner)

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