« back to article

Discuss “Investor buys city building for CMU tech companies”

A New York investor is feeling bullish on Carnegie Mellon robotics; it is a $22.5 million feeling.

Last month, New York investor Ira Gorman bought the downtown Clark Building at 717 Liberty Avenue for his company, Singularity Clark L.P. He expressed a desire to fill the historical edifice with Carnegie Mellon robotics graduates’ start-up companies.

“As time goes on, the technological innovations happen exponentially faster,” Gorman said. He cited the recent flood of start-up companies coming from Carnegie Mellon and said he expects the number of robotics start-up companies from Carnegie Mellon to jump in the coming decade.

An August 21 University press release highlights the Center for Technology Transfer and Enterprise Creation’s...

Comments

Be heard

Name:
Required
Email:
Optional
Comment:

Comment guidelines

If you provide an email address, it will be displayed. This may make you more vulnerable to spammers.

HTML is not allowed. Paragraphs are automatically created by leaving a blank line. Links are created from URLs automatically.

Off-topic or inappropriate (e.g. obscene, libelous) comments are not permitted and will be removed.

Important: The Tartan provides these discussion boards to encourage discussion about the topics we report. The views and opinions expressed in these comments are those of their authors, and do not reflect the opinions of The Tartan.