New York City invests in urban green tech
New York City Mayor Michael Bloomberg yesterday launched the Urban Technology Innovation Center, an initiative to test ways to improve building efficiency.
The center is a partnership among the city, universities, and businesses that aims to identify effective green building technologies. A location has not yet been chosen, but Columbia University, City University of New York, and Polytechnic Institute of New York University will be involved.
It will be funded by $250,000 from the New York City Economic Development Corp., and the three universities will provide money in kind. The group is also seeking funding through memberships.
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