Casey Tolan, Spec news deputy, is at Mayor Bloomberg's press conference, awaiting the official announcement of Cornell's victory in the mayor's engineering campus competition. You can follow all the action by watching his tweets. The event is starting now. We will also be re-tweeting the action, so if you like your news passed through two Twitter accounts before it gets to you, check us out at @cu_spectator.
Not a tweeter? Not to worry: We'll update this post with highlights after the event is over.
UPDATE: 4:13 p.m. The news conference is over, the last tweet has been tweeted, and here is what you need to know: