The location should be fully operational in 2017, and will also house several NYU Engineering incubators, classrooms and academic offices. There will also be retail space on the ground floor.
The 500,000-square-foot building is the former home of the Metropolitan Transit Authority, but has sat largely vacant for years.
“Applied science, technology, and engineering are among our fastest growing academic areas and the new 370 Jay Street – in the heart of a thriving tech corridor – will be an environment conducive to inspiration and innovation in those fields,” Lynne Brown, NYU senior vice president for university relations and public affairs, said in a release. “370 Jay Street will give us the opportunity to promote research and learning not just in Brooklyn, but with programs across the entire University.”
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