Community Support
- Cornell Connection Activates Ithaca, Central New York Business Journal, July 2006
- IDP Touts Expansions on The Commons, Change in Downtown Ithaca called Healthy, Ithaca Journal, Apr 11, 2006
- Kilpatrick's Publick House Opens at Seneca Place, Mar 16, 2006
- $400K Fund to Promote Nanotech in Tompkins, Ithaca Journal, Sep 13, 2005
- Town-gown cooperation praised at city ceremony, Ithaca Journal, Jul 27, 2005
- City's Newest Address Opens Tall and Proud, Ithaca Journal, Jul 26, 2005
Real Estate Taxes
Cornell is one of the largest tax payers in Tompkins County. During 2008 $2.6 million in real estate taxes will be paid on Cornell real estate.
Only university-owned land and buildings that are used for educational purposes are tax exempt. Many properties managed by the Real Estate Department pay property taxes, including the Business & Technology Park and the East Hill Plaza Shopping Center.
Questions about Cornell's real estate taxes and other financial contributions to the community should be directed to John Gutenberger, phone 607.255.4909.
Jobs
Cornell's real estate projects help to strengthen the community by creating jobs. Companies in the Tech Park employ about 1,600 persons with an annual payroll of about $57 million being put into local economy. Seneca Place provides space for over 400 employees in the heart of downtown.
Economic Development
Part of the Real Estate Department's mission is to help "keep Ithaca a great place to live". A strong, vibrant Ithaca is very important to Cornell as it:
- Competes in attracting students;
- Competes in recruiting and retaining faculty and staff;
- Maintains a strong and happy workforce;
- Encourages alumni to visit Ithaca and develop strong ties to Cornell; and,
- Promotes the general reputation of the University.
Cornell University Real Estate is a strong partner in the following local economic development organizations:
Questions about the Real Estate Department's economic development activities should be directed to Tom LiVigne, phone 607.266.7871.
See also: