Bloomberg offers cheap real-estate to start a tech University in NYC

I think San Francisco is moving past traditional tech and gearing up to be the center of bio and green tech as well.<p>The new UCSF campus is a true monster and with Stanford and Berkeley a stones throw away, if bio and green tech are the future, Silicon Valley will reign supreme for decades to come.<p>I'm not sure offering real estate to an existing school is going to give them what they want. Does anyone believe that say, Stanford East Extension is really going to compete with Stanford itself?

As someone who has watched the silicon alley scene for just about twenty years I'd love to see NYC get a real tech university that was on the level of an MIT or Stanford.