Tuesday, December 10, 2013

RIOC Real Estate Committee Meeting Again For Status Update On Cornell NYC Tech Roosevelt Island Campus Negotiations - Reports Are That Directors and Staff Battling Hard To Protect Interests Of Roosevelt Island

Image of Goldwater Hospital/Future Cornell NYC Tech Campus From Google Maps

The Roosevelt Island Operating Corp (RIOC) Real Estate Advisory Committee is meeting for the second time in less than a week for an update on the negotiations with Cornell for the land controlled by RIOC which is part of the planned Cornell NYC Tech campus.

This meeting, as with most of the other Real Estate Committee meetings on this subject, is in executive session closed to the public. According to RIOC:
PLEASE TAKE NOTICE that a meeting of the Real Estate Development Advisory Committee of the RIOC Board of Directors will be held on Tuesday, December 10, 2013 at 4:00 p.m. at the RIOC administrative office, 591 Main Street, Roosevelt Island, New York.


1. Chair’s Motion for Executive Session for Update on Current Negotiations Regarding Cornell NYC Project;

2. Any Other Committee Business That May be Brought Before the Committee
With the recent closing of Goldwater Hospital and the transfer of its patients, Cornell will be starting demolition of the Goldwater buildings soon - early 2014. Presumably, an agreement with RIOC will be reached before demolition starts but any agreement must be approved by the full RIOC Board.

The December RIOC Board meeting is scheduled for December 12 and nothing about Cornell is listed on the Agenda.

All reports are that the RIOC Directors and staff are battling hard to protect the interests of Roosevelt Island in these negotiations with Cornell.