- In 1999 the Graduate School and University Center (GSUC) moves into the landmark former B. Altman building on Fifth Avenue. This $163 million project will channel $98 million in construction income into the City, yielding 175 construction jobs in its first year.
- In 1997, GSUC administered $8 million in grants and projects, with an estimated economic impact of nearly $20 million.
- Grants and sponsored projects spearheaded by GSUC faculty from all CUNY campuses totaled nearly $40 million, with an estimated economic impact of over $100 million.
- The Workplace Technology Research Group has recently helped the New York City Transit Authority implement a new maintenance program designed to reduce the $5,000 average cost of every bus breakdown.
- The GSUC Stanton/Heiskell Center for Public Policy in Telecommunications and Information Systems, funded by Bell Atlantic at $4.5 million for seven years, recently issued a major study on the impact of technology on disadvantaged students.
- The Center for Advanced Study in Education at the GSUC provided workplace literacy instruction via distance learning to 268 members of the direct-care staff at 70 workplaces statewide operated by the State Office of Mental Retardation and Developmental Disabilities.
Architect's drawing depicts a spacious lobby in the new Graduate School in the former B. Altman building.