Bloomberg Donates $100 Million to Cornell Campus of Technion University

Former Mayor Michael Bloomberg has donated the foundation carrying his name is donating $100 million towards a $2 billion the Cornell Tech campus on Roosevelt Island, which is being developed with Israel's Technion University.

The new campus is scheduled to open in 2017 and move from the small and temporary location since the Cornell-Technion project began two years ago. The new campus, to be called Bloomberg Center will cover 12 acres and accommodate approximately 2,000 students.

Cornell teamed up with Technion despite protests that the Ivy League university was tacitly supporting the "occupation."