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Stony Brook University Research and Development Park

From Wikipedia, the free encyclopedia

The Stony Brook University Research and Development Park is a research and development park located in Stony Brook, New York owned by Stony Brook University, which acquired the land through eminent domain in 2005. The park is located a mile from the center of campus along Stony Brook Road on an area spanning over 240 acres in size.[1]

History of the land

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The land was originally owned by St. James Gyrodyne Company of America and acquired by the university in a controversial eminent domain case in which the courts decided against the state's $26 million appraisal in support of the owner's $126 million valuation and later denied the state's request for appeal.[2] The state ended up paying $167.5 million in a lawsuit settlement in 2012[3]

Centers in the park

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●Advanced Energy Center

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●Innovation and Discovery Center

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References

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  1. ^ Research and Development Park - Stony Brook University Archived 2012-11-29 at the Wayback Machine
  2. ^ Jones, Leigh (November 25, 2011). "State loses $126 mln eminent domain case over new SUNY center". Thomson Reuters.
  3. ^ Sampson, Christine (July 5, 2012). "Gyrodyne Gets $167.5M in Lawsuit Against New York State". Three Village, NY Patch.