Green is not just the color of money, it is the color of social-responsibility

Thursday, January 20, 2011

Columbia University to Host City's Green Tech Hub

Mayor Michael Bloomberg announced Thursday an initiative he says will unite all the forces needed to get the city's buildings on a greener path quickly.

The NYC Urban Technology Innovation Center (UTIC) at Columbia University will connect colleges that develop green technologies with the companies that use those technologies in their products and services. These companies will, in turn, connect with real estate developers and building owners.

“It will help you to forecast where the industry is going, [and] where the technologies are going so that you can be sure you are getting out ahead of the curve, rather than having to react, which is what really up to now most building owners have had to do because information is just very difficult to gather and predictions are very hard to make,” said Seth Pinsky, president of the New York City Economic Development Corporation(EDC).

Though the center is located on the Columbia University campus, it is a broad academic collaboration. Other institutions, such as the City University of New York (CUNY), and New York University (NYU) will also contribute resources and data.

The announcement of this initiative comes a day after the mayor's State of the City address, in which he promised to promote environmental sustainability throughout the city to create green jobs and save money on energy. However much money this initiative will save in the long run, it will take an initial investment. Read Full Story

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