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Stony Brook University Research And Development Park
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. Overview 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. The state ended up paying $167.5 million in a lawsuit settlement in 2012 The Park Center for Excellence in Wireless and Information Technology (CEWIT) CEWIT opened in March 2009 with over 100,000 square feet of laboratory space. The center has over 70 associated faculty members, 190 Ph.D. and 180 MS students engaged in research at the ...
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Research And Development
Research and development (R&D or R+D), known in Europe as research and technological development (RTD), is the set of innovative activities undertaken by corporations or governments in developing new services or products, and improving existing ones. Research and development constitutes the first stage of development of a potential new service or the production process. R&D activities differ from institution to institution, with two primary models of an R&D department either staffed by engineers and tasked with directly developing new products, or staffed with industrial scientists and tasked with applied research in scientific or technological fields, which may facilitate future product development. R&D differs from the vast majority of corporate activities in that it is not intended to yield immediate profit, and generally carries greater risk and an uncertain return on investment. However R&D is crucial for acquiring larger shares of the market through the marketisation o ...
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Stony Brook, New York
Stony Brook is a hamlet and census-designated place (CDP) in the Town of Brookhaven in Suffolk County, New York, United States, on the North Shore of Long Island. Begun in the colonial era as an agricultural enclave, the hamlet experienced growth first as a resort town and then to its current state as one of Long Island's major tourist towns and centers of education. Despite being referred to as a village by residents and tourists alike, Stony Brook has never been legally incorporated by the state. The population was 13,740 at the 2010 census. The CDP is adjacent to the main campus of Stony Brook University, the largest public university in New York by area, and also The Stony Brook School, a private college preparatory school. It is also home to the Long Island Museum of American Art, History, and Carriages and the Stony Brook Village Center, a privately maintained commercial center planned in the style of a traditional New England village. History Origins and early ...
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Stony Brook University
Stony Brook University (SBU), officially the State University of New York at Stony Brook, is a public research university in Stony Brook, New York. Along with the University at Buffalo, it is one of the State University of New York system's two flagship institutions. Its campus consists of 213 buildings on over of land in Suffolk County and it is the largest public university (by area) in the state of New York. Opened in 1957 in Oyster Bay as the State University College on Long Island, the institution moved to Stony Brook in 1962. In 2001, Stony Brook was elected to the Association of American Universities, a selective group of major research universities in North America. It is also a member of the larger Universities Research Association. It is classified among "R1: Doctoral Universities – Very high research activity". Stony Brook University, in partnership with Battelle, manages Brookhaven National Laboratory, a national laboratory of the United States Depa ...
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Eminent Domain
Eminent domain (United States, Philippines), land acquisition (India, Malaysia, Singapore), compulsory purchase/acquisition (Australia, New Zealand, Ireland, United Kingdom), resumption (Hong Kong, Uganda), resumption/compulsory acquisition (Australia, Barbados, New Zealand, Ireland, United Kingdom), or expropriation (Argentina, Belgium, Brazil, Canada, Chile, Denmark, Finland, France, Germany, Greece, Italy, Mexico, Netherlands, Norway, Panama, Poland, Portugal, Russia, South Africa, Spain, Sweden, Serbia) is the power of a state, provincial, or national government to take private property for public use. It does not include the power to take and transfer ownership of private property from one property owner to another private property owner without a valid public purpose. This power can be legislatively delegated by the state to municipalities, government subdivisions, or even to private persons or corporations, when they are authorized by the legislature to exercise the functi ...
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Gyrodyne Company Of America
Gyrodyne Company of America, Inc. is a real estate investment trust that owns, leases, and manages commercial properties along the Eastern Coast of the United States. Gyrodyne's headquarters are located in Saint James, New York, in Eastern Long Island. It was founded in 1946, initially as a helicopter design and manufacturing company. History Gyrodyne Company of America was founded in 1946 by Peter J. Papadakos, using the assets he bought from the bankrupt Bendix Helicopters Company. The company continued Bendix's development of a one-man synchronized co-axial rotor helicopter in Massapequa, New York, before moving to St. James, New York, in 1951. For the next 24 years the company was engaged in the design, testing, development, and production of coaxial helicopters, primarily the Gyrodyne QH-50 DASH drone for the U.S. Navy. In 1975, Gyrodyne began converting its helicopter manufacturing facilities into rental space suitable for light industry. Since then the company has co ...
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Cisco Systems
Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment and other high-technology services and products. Cisco specializes in specific tech markets, such as the Internet of Things (IoT), domain security, videoconferencing, and energy management with leading products including Webex, OpenDNS, Jabber, Duo Security, and Jasper. Cisco is one of the largest technology companies in the world ranking 74 on the Fortune 100 with over $51 billion in revenue and nearly 80,000 employees. Cisco Systems was founded in December 1984 by Leonard Bosack and Sandy Lerner, two Stanford University computer scientists who had been instrumental in connecting computers at Stanford. They pioneered the concept of a local area network (LAN) being used to connect distant c ...
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