Thursday, August 7, 2014

Cornell NYC Tech And Roosevelt Island's Gallery RIVAA Sharing Main Street Space And Costs - Cornell NYC Tech Staff On Site Wednesdays and Fridays

Reported last Friday:

... Gallery RIVAA was a subject during July 30 Roosevelt Island Operating Corp (RIOC) Real Estate Advisory Committee meeting update (full audio web cast of meeting here) from Main Street Master Leaseholder David Kramer Of Hudson Related. During a discussion on the use of the second floor space of 504 Main Street, Mr. Kramer reported that Gallery RIVAA has partnered with Cornell NYC Tech to share its premises. Cornell NYC Tech will share the space for public events and exhibits as well as contribute to the rent for the premises...

Yesterday, Cornell NYC Tech sent out this press release:
Cornell Tech announced today that it will open a space at the Roosevelt Island Visual Art Association (RIVAA), 527 Main Street on Roosevelt Island. Starting September 3rd, Assistant Director of Government and Community Relations Jane Swanson, as well as other Cornell Tech staff, plan to be on site at the gallery on Wednesdays and Fridays from 10 a.m-12 p.m. and 1-4 p.m. Members of the public are encouraged to stop by to learn about the Cornell Tech campus and talk to staff. To celebrate the opening, Cornell Tech will host an open house with light refreshments at the space throughout the day on Wednesday, September 10th.

Through the gallery space, Cornell Tech plans to bring its vision, and its interplay of technology and creativity, to the wider community, as well as to share information about the progress of the academic programs and campus construction.

“As Cornell Tech’s campus on the south end of Roosevelt Island begins to take shape and we’re less than three years away from opening, I am thrilled that we will soon have a presence on Main Street,” said Jane Swanson, Assistant Director of Government and Community Relations at Cornell Tech.

"I am very excited to welcome Cornell Tech to the RIVAA gallery, and hope the Roosevelt Island community will come out to learn about the campus and see the other exciting works of art we have on exhibit,” said Tad Sudol, President of RIVAA.

Members of the public can stay up to date on the hours of operation of the gallery space by signing up for campus updates at

Cornell Tech is a revolutionary model for graduate education that fuses technology with business and creative thinking. Cornell Tech brings together like-minded faculty, business leaders, tech entrepreneurs, and students in a catalytic environment to produce visionary ideas grounded in significant needs that will reinvent the way we live. Cornell Tech’s temporary campus has been up and running at Google’s Chelsea building since 2012, with a growing world-class faculty, and master’s and Ph.D. students who work with tech-oriented organizations and on their own start-ups. Construction is underway on Cornell Tech’s permanent, sustainable 12-acre campus on Roosevelt Island, with a first phase due to open in 2017. When fully completed, the campus will include 2 million square feet of state-of-the-art buildings, over 2 acres of open space, and will be home to more than 2,000 graduate students and nearly 280 faculty and staff.
Here's David Kramer discussing the Gallery RIVAA and Cornell NYC Tech space and cost sharing arrangement

at the July 30 RIOC Real Estate Advisory Committee meeting.

Financial terms of the arrangement were not revealed.


PAUL said...

OMG laughable stuff: This overcharging mogul, making his billionaire fortune off the working class, upholding himself with a tiny circle of three paid employees celebrating the opening (= cleaning) of the previously health-compromised premises.

Cantelope = $3
Milk = $5.50/gallon
Eggs = $4-$7.50/ dozen
Ice Cream = $9/box
Avocado = $2 each!
Cheese = $8-12/lb

Thank goodness for Costco, Associated and many other small groceries nearby. Why would he think he could run for mayor like Bloomberg, who made his fortune off rich people. Not all Billionaires are alike.

CheshireKitty said...

PAUL - I agree: "Thank goodness for Costco, Associated and many other small groceries nearby."

Why does Gristedes on RI - although much improved - have such high prices, whereas just across the river in Queens, even at non-"discount" supermarkets such as Associated, prices are often much lower?

Catsimatides is taking advantage of the "captive audience" or "captive market" here - the fact that there are no other supermarket options on RI.

The usual laws of competition - competing for the scarce dollars of shoppers by offering various deals, keeping prices low - don't apply here, as our community is in a "unique" position of being on a island.

Every time we leave the island to shop, unless we are going to nearby Costco or hoofing or biking it to Associated - we pay a price: $5 round-trip transit fare. Many would rather not pay $5 to go to Queens or Manhattan to shop, so they shop at Gristedes. Gristedes is thus a gigantic "convenience" store - and is priced accordingly.

Imagine if we had a Trader Joe's on RI!

Look at the incredible success of Trader Joe's - bursting with shoppers, seeking the "cool" vibes of the shopping experience there!

Not everything at Trader Joe's is organic. Certainly TJ's branded products aren't all organic - but so what? People that shop there are looking for quality at a cheap price, which is what TJ's offers. They have fantastic and healthy, albeit usually non-organic, baked goods. In some ways, TJ's is better than WF!

Why can't Gristedes transform itself into a TJ "clone?" Then we would be happy to shop there. The prices would have to be way cheaper and the quality higher. If Catsimatides needs to do anything, he needs to study TJs. TJs has figured out how to rejuvenate the supermarket shopping experience - maybe even more so than WF!

Incidentally, there is a TJs in Queens - near FH, with parking - in a strip mall. So for drivers who would rather not go into Manhattan to shop at TJs, just look up the TJs in Queens: Your transportation/transit fare/lugging groceries home on the train problems are history!

Westviewer said...

Anyone who spends time off RI (working, or doing something else) buys food in Manhattan or Queens. Others realize that even making a special trip saves money. Look at the shopping bags of people exiting the tram or subway. What Cats has never understood is that if his prices were normal, he would have MORE business from the increase in volume in contrast to the price-gouging.

OldRossie said...

Not that I disagree, but I don't think "...chain owner, real estate developer, billionaire oilman, former NYC Mayoral candidate and entrepreneur John Catsimatidis" needs advice on how to run a business...

CheshireKitty said...

I don't doubt Cats is sitting on his loss-leader properties waiting for the right development opportunity to come along. Meanwhile,if he looses money on the supermarket biz, he makes it up with his other concerns. He was a joke as a Mayoral candidate - he tried to buy that office but had no ideas. Even the Republicans didn't take him seriously.

Cats the clown has a right to have his businesses and make money; I don't deny him that. I, and many others, simply dislike the pricing of products offered at his supermarkets, especially here on RI where there are no other supermarket options. We think he is taking advantage of his "captive audience" - the RI population that has no other option other than to shop at this store, by charging any sort of "imaginative" price for products sold at his store.

OldRossie said...

I agree it's annoying, but if there were a market for lower priced groceries, I'd think a store might be opened by now. I think the farmers market is over priced too - no one complains about that...
Besides, lets be serious, we're not talking about having to go to long island for food... you could stand in the middle of the island and kick a soccer ball to manhattan while spitting on queens...

Robert said...

Actually, I believe Gristedes has a lease that says RIOC can't lease other space on RI to another grocery store. So the market might be here for a full-fledged reasonably priced grocery store, but there literally is no leasable space for such a store because of the deal Gristedes has.