joining me donald marron, the chairman of the lightyear capital. sz, the dean of nyu law school, and will lead the new marron institute. and paul romer, the director of nyu sterns organization project. and our old friend mitchell moss, professor at wagner school of public service. many of you know in the audience how much i love cities and how much i love thinking about the future of cities. but we want to talk about this idea of a new institute with donald marron. so why did you do this and why did you put it at nyu? >> two words-- john sexton. ( laughter ) >> rose: the president of nyu. >> the president of nyu. he invited me on the board and we have had many lunches over the last five years figuring out what i would do. and at one lunch about a year and a half ago he said i have this idea. the world needs a school, an institute that studies cities from all aspects. nyu has many of the piece but i want to start that kind of an institute and i would like you to be heavily involved in it. i thought about it and thought i owe a lot to cities. i grew u