NYU receives $40 million gift that makes new urban initiative possible
February 19, 2013
New York University recently announced that thanks to a $40 million gift from philanthropist and entrepreneur Donald B. Marron, it is developing a new initiative that will advance studies about urban environments. The Marron Institute on Cities and Urban Environment will provide a space for students and researchers to address the needs of today's and tomorrow's urban centers with the ultimate goal of enhancing these hubs in a sustainable way.
"Cities are fundamentally places of opportunity, attracting and cultivating some of the most talented people in business, art, health, education and government while serving as centers of job creation, cultural change and a home to millions," said Marron. He goes on to add that cities still require attention in order to properly provide for residents who live in urban centers.
NYU president John Sexton stated that remarkably, more than half of all people are now living in cities. To keep up with the opportunities and challenges, students will gain advanced knowledge about urban environments, cities and the factors that make them successful. Cities are no longer a melding of technology and infrastructure, Sexton added. They are also comprised of human interactions, cultural identities and neighborhoods that require students to take a wider approach in their studies.
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