$100M cybersecurity center slated to open in Soho next year

18


What could be the magnet drawing all this technology-hungry cash into Manhattan?

City officials point to the recent announcement earlier this month of a plan to convert two lower Manhattan buildings into a Global Cyber Center located in Soho and prominently backed by business networking company SOSA.

Part of the center’s mission will be to stop internet mischief. The center will bring together an international community of corporations, investors, startups and talent to expand the cybersecurity community, NYCEDC said.

“New York City needs to be ambitious about cybersecurity because our future depends on it,” said NYCEDC President and CEO James Patchett.

Patchett said that the center will create 10,000 “middle-class jobs.”

It is slated to begin operating in early 2019, officials said. City taxpayers will pay $30 million for the center and the private sector $70 million.

Spread the love
SHARE