Before he joined Columbia in 2009, Mr. Chakrabarti was an executive vice president at the Related Companies, the large developer, where he helped oversee the Hudson Yards project and the redevelopment of Moynihan Station. He still serves as a consultant to the company and continues to advise on the projects.

The Center for Urban Real Estate is also beginning work on a report, to be called NYC2040, that will examine New York’s development 30 years out, including broad public policy suggestions and environmental issues. The center hopes to publish preliminary findings in the spring and release a full report in the summer.

As for Governors Island, Mr. Chakrabarti presented some parts of the proposal at a meeting held by the Municipal Arts Society this fall. A full version of the report was unveiled last week at a daylong conference, “Zoning the City,” held by the Department of City Planning.

Mr. Chakrabarti has not yet met with city officials to push them on the LoLo proposal. He says he realizes that it is “an enormous project” that would need a lengthy environmental impact statement as well as regulatory changes.

Despite these challenges, he said it would not be different from the rezoning and development of Hudson Yards and the extension of the No. 7 subway line. Both of those projects went through extensive review processes. They will also take decades to complete and will cost the city billions of dollars.

The center is proposing a 92-acre national historic district on the island, 3.9 million square feet for public buildings like schools and 270 acres of open space. The revenue generated by the development would also pay for the extension of the No. 1 and 6 subway lines to the new neighborhood and for a bridge from Red Hook in Brooklyn.

Robert Pirani, the executive director of the Governors Island Alliance, a civic coalition led by the Regional Plan Association, said he had yet to see the full plan. But when it was described to him, Mr. Pirani questioned whether a land bridge connecting Manhattan to Governors Island would spur development. “The ferry is only eight minutes from Manhattan and relatively cheap to operate,” he said. “So in my mind, the distance from Manhattan isn’t the impediment to development.”