Governor Andrew Cuomo has recommended that Stony Brook University should receive an additional $30 million for the construction of its Medical and Research Translation (MART) facility, according to a report published Thursday in Newsday.
One state official told Newsday that the additional funding will help the University cope with the $98 million legal settlement it paid out to Gyrodyne Company of America Inc. after the state ruled that the company had been underpaid for 245.5 acres of land it annexed under eminent domain.
The additional $30 million would bring the total amount of funding allocated for the MART to $60 million. According to Newsday, the additional funds for the MART "will pay for electrical improvements and extending power to the new building." The MART is part of Cuomo's NY SUNY 2020 plan.
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