President Bill Clinton hails Applied Sciences NYC in this ABCNews interview with Christiane Amanpour about job creation (go to the 7:56 mark):
The most important thing Mayor Bloomberg said recently is to offer land on Governor’s Island or Roosevelt Island or at the Navy Yard in Brooklyn for a new world-class science and technology research center. And he said he’ll kick in $100 million worth of investment if a group of universities puts one there, because he wants New York, in effect, to rival Silicon Valley as a technology center. That’s the kind of thing that works. If you want to put people to work, we’ve got to focus on what works.