RLab Virtual reality andaugmented reality at RLab/ photo courtesy of NYCEDC

NEW YORK CITY—A virtual realty and augmented reality center to support startups, training, research and innovation has been unveiled by the city. The New York City Economic Development Corporation and the Mayor's Office of Media and Entertainment have launched the initiative with funding of $5.6 million.

A facility, called RLab, will offer more than 16,500 square feet of classrooms, co-working labs and studios when it's completed in 2019. The space on the third floor of Building 22 at the Brooklyn Navy Yard formerly served as a manufacturing plant. The enterprise will also extend to a workforce development center at CUNY Lehman College in the Bronx.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.