NYU & CUNY Cre­ate Vir­tual Re­al­ity Lab at Brook­lyn Navy Yard

The Jewish Voice - - NEW YORK - By: Ilana Siyance

New York Univer­sity's Tan­don School of En­gi­neer­ing and CUNY's Lehman Col­lege in the Bronx have been se­lected to cre­ate and op­er­ate a new vir­tual re­al­ity and aug­mented re­al­ity cen­ter at the Brook­lyn Navy Yard. As re­ported byy Crain’s NY, the City's Eco­nomic De­vel­op­ment Corp., in con­junc­tion with the Mayor's Of­fice of Me­dia and En­ter­tain­ment, have des­ig­nated the two schools to part­ner in cre­at­ing the first ever pub­licly funded vir­tual re­al­ity and aug­mented re­al­ity cen­ter in the United States. VR refers to a fully im­mer­sive sim­u­lated ex­pe­ri­ence, whilst AR uti­lizes like tech­nol­ogy to layer com­puter-gen­er­ated sim­u­la­tions onto the user's view of the ma­te­rial world.

Tan­don School of En­gi­neer­ing has been granted a $6 mil­lion investment to build and op­er­ate the new lab, with the ob­jec­tive to gen­er­ate over 500 new jobs through­out the next 10 years, and hope­fully grow the city's rep­u­ta­tion in the in­dus­try. Lehman, which re­cently opened its own VR/AR Train­ing Acad­emy and De­vel­op­ment Lab, with mostly pri­vate fund­ing by EON Re­al­ity, will serve as a work­force de­vel­op­ment cen­ter. In light of New York’s di­verse work­force and the va­ri­ety of in­dus­tries lo­cated in the city, it is poised to eas­ily be­come a leader in the sec­tor, of­fi­cials said.

"The world of VR/AR is grow­ing at break­neck speed, and the im­pli­ca­tions for busi­nesses across New York City are in­cred­i­bly ex­cit­ing," said Julie Menin, Com­mis­sioner of the Mayor's Of­fice of Me­dia and En­ter­tain­ment. "This new fa­cil­ity will en­sure that we're do­ing our part to spur in­no­va­tion, cre­ate tal­ent pipe­lines and make New York City the home of these emerg­ing in­dus­tries."

The in­dus­try has been pro­pelled with al­most $3 bil­lion in pri­vate in­vest­ments across the coun­try over the past two years, as per a Cit­i­group re­port in 2016. The re­port es­ti­mates that glob­ally, by 2035, the VR/AR field could grow to $2.16 tril­lion, as more mar­kets be­gin to take ad­van­tage of the tech­nol­ogy for their own ap­pli­ca­tions. The project’s goal is to pro­vide work space and an early investment for new ven­tures. With a bit of luck, other in­ter­ested par­ties and in­vestors will take no­tice and fol­low suite to cre­ate the suc­cess that the city is striv­ing for.

"The vir­tual and aug­mented re­al­ity in­dus­try is boom­ing, and the de Bla­sio ad­min­is­tra­tion is com­mit­ted to mak­ing it a ma­jor job cre­ator in New York City," said James Patch­ett, the EDC pres­i­dent. "By fos­ter­ing the in­dus­try's growth with a cen­tral hub, we can sup­port star­tups, fuel in­no­va­tion and con­nect New York­ers to the train­ing and op­por­tu­ni­ties they need to ac­cess good jobs."

Vir­tual re­al­ity lab in Brook­lyn, an NYC-NYU joint project, to open in late 2017

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