Have a happy

and joyful2013!

Join us for

Toast to IAP 2012on

January 23rd, 20136:30-8:30 PM

atO’Casey’s

22 East 41st Street (between Madison & Fifth Avenue)

It’s FREE (for MITCNY members + 1 guest; $25 for non-members)

and all are welcome!

Register online at www.mitclub.org

MIT Club of New YorkNewsletter for the Alumni and Alumnae of the Massachusetts Institute of Technology

SPRING 2013

Letter from the President Scott MorriSon ‘86 EE

Value for our Alumni Community

Whether we had an MIT undergraduate experience, graduateexperience or both, the time we spent on the MIT campus created strong,positive impressions. Opportunities toinnovate came from all corners of the campus, and the results materialized allover the world, not to mention off-world. In his inauguration address, President Reif spoke aboutwhat differentiates the residence-based university experience (in contrast toabsorbing curriculum through online outlets such as OpenCourseWare or MITx/edX). As weknow, at MIT, the learning process extends far beyond the classroom. Following graduation, when we leave theCambridge area, it’s difficult to recapture those learning experiences. For those in the Greater New York area, oneof the best ways to capture some of it is through engaging with the MIT Club ofNew York. Engagement with the Club starts with membership. The Club charges $50.00 per year formembership for most alum (there are reduced membership fees for recentgraduates and senior alum). We alsooffer Patron membership for $200.00 per year, and provide special benefits foralum who join at this level. In fact,for 2013, the Club will introduce even more Patron benefits. We charge membership fees in order to provide high quality,often unique programming, while financially breaking even overall. We plan events across many categories –Professional, Social, Cultural/Educational and Community Service Programs. Hallmark events include the “MIT Comes to NewYork” speakers’ series, featuring Cambridge-based MIT Faculty and Staff –usually four times per year. The MIT Club of New York’s best value comes from alumniparticipation in events, as we often learn as much from each other as we dofrom the event’s subject matter. Ourevents include networking time, usually both before and after the featuredcontent. MIT alum get exclusive accessto most MIT Club of New York events, although we provide the option to bring aguest. For those who wish to engage further, alum can getfurther returns from the Club through volunteering. Through a wide-range of volunteeropportunities (e.g. event planning, mentoring, communications, logistics, etc.)alum further hone leadership skills. Thosewho take on roles at a specific event, such as desk registration, setup orbreakdown, get free admission to that event. Finally, MIT Club of New York member-only events (such asthe 2nd Avenue Subway tour) and Patron-only events provide access toexperiences that would be difficult to arrange through other means. In the past, Club Patrons have had freeaccess to the “MIT Comes to New York” speakers’ series. In 2013, we will extend this free admission forPatrons to all of our events. In the Fall, the disruption caused by Hurricane Sandy andthe subsequent Nor’easter impacted our event schedule. As a result, our speakers’ series events havebeen rescheduled for the Spring, so if you have not already become a Clubmember or Patron, it’s not too late. Formore information on events, to become amember, or to find an MIT Club of New York Board contact for volunteer opportunities,please visit http://newyork.alumclub.mit.edu. I wish everyone a Happy New Year and successful 2013.

MIT Club of New York

P.O. Box 1523New York, NY 10163-1523

MIT Club of New York

MeMbership is valid July 1, 2012 June 30, 2013

The Association of Alumni and Alumnae of the Massachusetts Institute of Technology

_____ 2008 - 2011 Graduates | $25

_____ patrons | $200

_____ 2012 Graduates | FREE

_____ 1968 and earlier Grads | FREE

Sign me up for the MIT Club of New York at the following annual membership level:

_____ all Other Graduates | $50

_____ Current Graduate students | $25

Kathy hershcovitchClub Administrator, MITCNY35 Autumn Dr.Mt. Sinai, NY 11766

Please make check payable to MiT Club of new york. Alternatively, credit card payments can be made at www.mitclub.org

Send to:

Membership Registration/Renewal Form

Mr./Ms./Other __________ First Name ______________________________ Last Name ___________________________________________

____ Check here if you are a renewing member with no changes to membership information.

Class of _____________ Course ___________________________________________________ Degree ______________________________

Mailing Address: Street ___________________________________ Apt _____ City, State, Zip _________________________________________

Phone ___________________________________ MIT Email ______________________________ @alum.mit.edu

Other Email ____________________________________________________

President Scott Morrison ‘86 EE

Executive Vice PresidentMichael Johnson CP ‘97

Vice President of Educational and Cultural ProgramsCharlene Chuang ‘05 BCS

Vice President of Social Programs and Inter-Club RelationsDominic Ricci ‘99 PH

Vice President of Professional ProgramsLenora Suki MG ‘97

Vice President of Community Service ProgramsSarah Kaspers ‘85 CM

Vice President of Communications and MembershipJeremy Gerstle ‘99 EECS

SecretaryPierre Yanney ‘87 EE, SM ‘88

TreasurerConnie Yee ‘08 ME

Club CounselArthur Katz ‘61 MG

Nominating Committee ChairGregory Arenson ‘70 EC

DirectorsThomas Halket ‘70 PHKaren Ho ‘94 EECristina Dolan MArch ‘94Kenneth Wang ‘71 ECLiora Sukhatme ‘98 MG

2012-13 MIT Club of New York

officers

newsletterEditorJeremy Gerstle ‘99 EECS

Graphic DesignerAmy Kim ‘91 AR

websitewww.mitclub.org

MITCNY Fund UpdateIt is not surprising that the need for significant financial aid remains high for the vast majority of students. Established in 1955, the MIT Club of New York fund has supported undergraduate scholarships to students from the New York metropolitan area. This year, Sophomore Nikolas Albarran continues as the MIT Club of New York Scholar. Below are some of his interests and activities that he has shared with us.

Thank you to the alumni and friends who contributed to this fund. By supporting undergraduate scholarships, you afford students the opportunity to focus on their studies and activities, not the financial burden. At the same time, you demonstrate to them the importance of philanthropy.

During this season of giving, consider designating MIT Club of New York Fund (3493200) in your gift form.

conniE YEE ‘08 ME

Family Day at the AMNHOn Saturday, December 8, alumni and their families and friends explored the American Museum of Natural History. The visit began with a private tour, highlighting the newly renovated and reopened Hall of North American Mammals. Tour guide Andrew gave insight into the restoration process and the careful choices in putting together and updating each diorama. For some dioramas, this included consulting with scatologists! We continued to the Theodore Roosevelt Memorial - publicly reopened on October 27, the 154th anniversary of Theodore Roosevelt’s birth - to learn more about his efforts in the American conservation movement. There, etched in the ground, his words are preserved: “There can be no greater issue than that of conservation in this country.” We rounded out the highlights tour with time in the dark Dzanga-Sangha rain forest in the Hall of Biodiversity, mimicking both dusk and dawn in order to accurately display daytime and nighttime inhabitants alike. The rain forest, which is located in the Central African Republic, is home to one of the most diverse communities of organisms and the richest lowlands. From there, we ventured to the gaze at the planetarium space show, “Journey to the Stars;” interact at the special exhibition, “Creatures of Light;” and view the IMAX film, “Flying Monsters.” All in all, it was another great day of learning for MIT folks, both young and wise!

charlEnE chuang ‘05 BcS

niKOlas a. albarran 2015Buffalo, New YorkMechanical Engineering major

MIT ACTIVITIES / ATHLETICSI play for the MIT varsity soccer team.

DORMITORY / FSILGI am a member of the Sigma Chi Fraternity, where I am annotator and historian.

ACADEMIC / RESEARCH INTERESTSI participated in the Undergraduate Research Opportunities Program (UROP) in the CADLAB/Product Design Lab working on assistive technologies.

CAREER PLANSI hope to enter a career in the innovation/engineering/product design sector.

MY TIME AT MITMIT has challenged me to raise my expectations of myself both in the classroom and on the soccer field, as well as provided me with opportunities such as UROPing in the Product Design Lab that are directly related to the career I want to pursue. The biggest surprise for me has been the feeling of community and the openness of everyone here at MIT. Everyone, from professors to upperclassmen, are very approachable and are always willing to help.

eat • play • volunteer • celebrate

MIT Club of New York | Spring 2013 | 12 | MIT Club of New York | Spring 2013 6 | MIT Club of New York | Spring 2013

MIT Club of New York | Spring 2013 | 53 | MIT Club of New York | Spring 2013 4 | MIT Club of New York | Spring 2013

Second Avenue Subway Tunnel Tour

On Friday afternoon, October 19, 2012, twenty alums (wearing ankle-high boots) gathered for an underground tour of the Second Avenue subway, organized by Kenneth namkung Mar’03 (who was assisted by Malinda Foy sb’87). The alumni-only event was oversubscribed by a factor of three and participants obtained their slots by lottery.

The tour was led by William Goodrich ’80 sM, Senior Vice President and Program Executive of MTA Capital Construction, who began the tour with an hour-long explanation of the history and construction of the 4.45 billion dollar project, the first phase of which will open in 2016. The Second Avenue subway is being built to ease the load in Manhattan on the Lexington Avenue line, which currently has a daily ridership in excess of 1.8 million - more than that of the rail transit systems of Boston and San Francisco, combined.

Assisted by a detailed PowerPoint presentation, Mr. Goodrich explained that the subway will run between 45 and 85 feet below street level, and that the first phase of the line was 43% complete as of September 2012. The project involved, among other activities, relocating a 30-inch gas line and a 48-inch water line, running along the route, portions of which were over 100 years old. In the area between 92nd street and 96th street, a “launch box” has been constructed, which is lined with slurry walls poured to bedrock between five and eighty feet below street level, depending on the location. In certain spots, it was necessary

Second Avenue Subway Tunnel Tour

The year: 2007. From out of America comes a real estate sell-off, shattering the assumptions underpinning debt markets, bank solvency, and sovereign monetary systems, unleashing global wealth destruction! Man’s financial system is cast in ruin!

Five years later, global capital markets are reborn…

A strange new world rises from the old: a world of systemic instability, highly correlated asset classes, and regulatory uncertainty.

But one conclave of 220 alumni assembles at the W Hotel in Union Square on Wednesday, October 10th to seek light in the murky darkness! With this as their audience, a panel of esteemed alums pit their insight forged from years of industry experience against the question of “Global Capital Markets: What Next?”

This is MIT’s View from the Top!

Presented by the MIT Alumni Association in partnership with the MIT Sloan School,View from the Top assembled an expert panel moderated by ricardo J. Caballero phd ‘88, Professor of Economics and director of the World Economic Laboratory at MIT which included armen avanessians ’81, global head of Goldman Sachs Asset Management’s quantitative, rules-based, and indexing businesses; david M. Modest ’76, phd ’81, head of External Manager Investments and Manager Selection at Soros Fund Management; and leslie rahl ’71, sM ’72, founder and managing partner of Capital Market Risk Advisors.

The panelists’ lively discussion traversed the emergent financial landscape, highlighting the greater focus paid to dynamically characterizing risk in the post-crisis world, with greater scrutiny on the role of market participants, the tools used to quantify risk, and the interdependency with politics. Not only were the audience members treated to cogent analysis of the nascent challenges facing the world’s capital markets, but they were also treated to an extended networking and socializing session, thus fostering the growth of New York’s professional MIT community and setting the stage for the next generation of alumni financial leaders.

View from the Top

- arthur Katz ‘61 Mg

- DoMinic ricci ‘99 Ph

City Meals on Wheels Sarah KaSPErS ‘85 cM

to temporarily freeze the ground to stabilize it during excavation. In order to minimize the impact on existing structures along the route (many of them fragile), over 225 buildings were surveyed and a number were stabilized at the commencement of the project.

After a safety orientation and a question-and-answer period, the group donned hard hats and safety vests and embarked on an hour-long tour of the construction site, beginning with the launch box, inside which the 450 foot tunnel boring machines (“TBMs”) used to drill much of the line, were assembled and launched. The launch box itself is a roughly rectangular excavated space, four blocks long, with an 80 foot ceiling. It will eventually become the 96th Street Station, but currently has raw concrete floors and exposed retaining walls.

The group climbed down a long run of temporary stairs to the floor of the launch box, far beneath Second Avenue, and then walked to the southbound tunnel, which had been bored by the TBMs, and lined with cast-in-place concrete. Due to security restrictions, interior photography was prohibited, with the exception of a group photo taken in the tunnel at the end of the tour.

After the tour, members of the tour group who had some extra time gathered for light refreshments and lively discussion at a local watering hole.

Here’s some holiday spirit! On Dec 8 and 15th, the MIT club of NY volunteered to deliver meals to the elderly and homebound for CityMeals. Each team walked a route of just a few blocks to deliver to around 15 people. We had fun visiting with them and learning a thing or two about the history of that part of NYC. They really appreciated it and we had a great time too! Stay tuned for other opportunities to work together with MIT alums.

MIT View from the Top

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