AJ Capital Partners and Cornell University to Develop Graduate Hotel on Cornell Tech’s Roosevelt Island Campus

AJ Capital Partners and Cornell University are announcing plans to build a hotel on the university's new Cornell Tech campus on Roosevelt Island. Cornell Tech, which will open the first phase of the new campus September 2017, is a revolutionary model for graduate education, extending Cornell University's research and academic prowess to the heart of New York City by bringing together faculty, business leaders, tech entrepreneurs and students in a catalytic environment to produce visionary results. Opening in 2019, the hotel will create a living room for NYC's tech community and extend the impact of the Cornell Tech campus. The hotel design will reflect history of Roosevelt Island community and spirit of innovation.

AJ Capital Partners will open "Graduate Roosevelt Island," a 196-room ground-up hotel development with panoramic views of the Manhattan skyline in 2019. Designed by world-class architectural firm Snohetta, the hotel will be located in the heart of the campus alongside the Verizon Executive Education Center, which will have conference, executive program and academic workshop space, also opening in 2019.

"Graduate Roosevelt Island is the type of transformative project that has come to epitomize our company," said Ben Weprin, founder and CEO of AJ Capital Partners. "The hotel will sit prominently at the gateway to Cornell Tech, the most innovative academic campus in the world; and will offer guests, campus visitors and Roosevelt Island citizens a truly distinctive and unique experience. We couldn't be more excited to partner with Cornell University and to introduce Graduate Hotels to New York City."

Created for travelers who seek memory-making journeys, Graduate Hotels are part of a well-curated, thoughtfully crafted collection of hotels that reside in the most dynamic, university-anchored markets across the country. Every property celebrates and commemorates the optimistic energy of its community, while offering an extended retreat to places that often played host to the best days of our lives. Locations include Ann Arbor, Mi.; Athens, Ga.; Charlottesville, Va.; Madison, Wi.; Oxford, Ms.; and Tempe, Az., as well as Berkeley, Ca.; Lincoln, Ne.; Minneapolis, Mn; and Richmond, Va. slated to open in 2017, and Bloomington, In. and Seattle, Wa. in 2018.

The hotel's iconic slender profile marks the entrance to the campus while offering guests unobstructed views of the skyline through floor to ceiling windows. The hotel's comfortable residential aesthetic will reference the history of Roosevelt Island, while also capturing the spirit of innovation inspired by the Cornell Tech campus. The property will include a full-service restaurant, rooftop bar with expansive views of Manhattan, and 5,200 square feet of flexible meeting and event facilities for hotel guests and the Roosevelt Island community.

Opening September 2017, the first phase of Cornell Tech's Roosevelt Island campus will include three buildings: The Bloomberg Center, the campus' first academic building; The Bridge, a building for innovative companies to locate on campus; and The House, a residential building for students, faculty and staff that aims to become the world's first high-rise residential building constructed to "Passive House" energy efficiency standards.

When fully completed, the campus will span 12 acres on Roosevelt Island and house approximately 2,000 students and hundreds of faculty and staff. The campus master plan was designed by Skidmore, Owings & Merrill with James Corner Field Operations, and includes a number of innovative features and facilities across a river-to-river campus with expansive views, a series of green, public spaces, and a seamless integration of indoor and outdoor areas. The campus will be one of the most environmentally friendly and energy-efficient campuses in the world.

AJ Capital Partners and Cornell University are announcing plans to build a hotel on the university's new Cornell Tech campus on Roosevelt Island. Cornell Tech, which will open the first phase of the new campus September 2017, is a revolutionary model for graduate education, extending Cornell University's research and academic prowess to the heart of New York City by bringing together faculty, business leaders, tech entrepreneurs and students in a catalytic environment to produce visionary results. Opening in 2019, the hotel will create a living room for NYC's tech community and extend the impact of the Cornell Tech campus. The hotel design will reflect history of Roosevelt Island community and spirit of innovation.

AJ Capital Partners will open "Graduate Roosevelt Island," a 196-room ground-up hotel development with panoramic views of the Manhattan skyline in 2019. Designed by world-class architectural firm Snohetta, the hotel will be located in the heart of the campus alongside the Verizon Executive Education Center, which will have conference, executive program and academic workshop space, also opening in 2019.

"Graduate Roosevelt Island is the type of transformative project that has come to epitomize our company," said Ben Weprin, founder and CEO of AJ Capital Partners. "The hotel will sit prominently at the gateway to Cornell Tech, the most innovative academic campus in the world; and will offer guests, campus visitors and Roosevelt Island citizens a truly distinctive and unique experience. We couldn't be more excited to partner with Cornell University and to introduce Graduate Hotels to New York City."

Created for travelers who seek memory-making journeys, Graduate Hotels are part of a well-curated, thoughtfully crafted collection of hotels that reside in the most dynamic, university-anchored markets across the country. Every property celebrates and commemorates the optimistic energy of its community, while offering an extended retreat to places that often played host to the best days of our lives. Locations include Ann Arbor, Mi.; Athens, Ga.; Charlottesville, Va.; Madison, Wi.; Oxford, Ms.; and Tempe, Az., as well as Berkeley, Ca.; Lincoln, Ne.; Minneapolis, Mn; and Richmond, Va. slated to open in 2017, and Bloomington, In. and Seattle, Wa. in 2018.

The hotel's iconic slender profile marks the entrance to the campus while offering guests unobstructed views of the skyline through floor to ceiling windows. The hotel's comfortable residential aesthetic will reference the history of Roosevelt Island, while also capturing the spirit of innovation inspired by the Cornell Tech campus. The property will include a full-service restaurant, rooftop bar with expansive views of Manhattan, and 5,200 square feet of flexible meeting and event facilities for hotel guests and the Roosevelt Island community.

Opening September 2017, the first phase of Cornell Tech's Roosevelt Island campus will include three buildings: The Bloomberg Center, the campus' first academic building; The Bridge, a building for innovative companies to locate on campus; and The House, a residential building for students, faculty and staff that aims to become the world's first high-rise residential building constructed to "Passive House" energy efficiency standards.

When fully completed, the campus will span 12 acres on Roosevelt Island and house approximately 2,000 students and hundreds of faculty and staff. The campus master plan was designed by Skidmore, Owings & Merrill with James Corner Field Operations, and includes a number of innovative features and facilities across a river-to-river campus with expansive views, a series of green, public spaces, and a seamless integration of indoor and outdoor areas. The campus will be one of the most environmentally friendly and energy-efficient campuses in the world.

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Amy Stahulak

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