The new scheme is designed to boost research collaborations with universities in the American state.
GCU bosses are also looking at the possib-ility of delivering mast-ers courses based on its London campus model.
Professor Pamela Gillies, GCU principal and vice-chancellor, said: "GCU is making excellent progress as a globally-networked university, but the development of GCU New York provides a unique opportunity in a key international market where we are under-represented.
She said: "If Glasgow Caledonian University is to progress positively in such a highly competitive environ-ment, raising our international standing further is essential.
"To achieve this, a deeper and broader international profile is required."
The plans for GCU New York follow the launch of GCU London in 2010.
Like London, the New York post-graduate campus will be funded through surplus revenues and will not involve direct public funding.
When fully open, it is planned GCU New York will offer a range of niche Masters degree programmes in which the university already has an international reputation.
It will also provide Business Academy and Executive Education courses.