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New York is vying to become global high-tech hub

In this May 17, 2012 photo, a view is shown of the eastern section of the Coler Goldwater Specialty Hospital & Nursing Facility, an acute long-term care hospital facility on Roosevelt Island, in New York. The Technion-Israel Institute of Technology in Haifa, Israel, is partnering with New York's Cornell University to create CornellNYC Tech, a 10-acre $2 billion campus, to replace the facility located on Roosevelt Island's southern end. AP PHOTO/BEBETO MATTHEWS

Just as a trench dug in the 1800s created a shortcut to the nation’s interior and helped make New York a global trading hub, the city is now hoping for another “Erie Canal moment” with a high-tech research complex to be built on an island in the East River.

Posted: May 29th, 2012 in Headlines,Latest Technology Stories,Photos & Videos | Read More »

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