$10 Million Individual Donation to High Line Project

Barry Diller, IAC, and his wife, Diane Von Furstenburg, a well-known fashion designer, have donated $10 million to the Friends of the High Line, which is a non-profit group that manages the project.

"According to The New York Times, NYC Parks Commissioner, Adrian Benepe, said the "the donation ranks among the four largest ever given by individuals to New York City parks."

The High-Line has had a significant ‘multiplier effect' in terms of generating new real estate. The New York Times write that there has been some USD 4 billion of new investment alongside the park's path to date. 1.5 million square feet is under development around the park, and an additional 2.5 million is planned. (see earlier post on the park project). The High-Line runs near IAC's Gehry-designed headquarters."

The High Line Park design is led by James Corner Field Operations, with
Diller Scofidio + Renfro.

Full Story: USD 10 Million Donated to NYC’s High-Line Project

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month
Woman wearing city map tote bag

City Shoulder Totes - New Cities Added!

Durable CityFabric© shoulder tote bags available from 9 different cities.
$22.00
T-shirt with map of Chicago

Show your city pride

Men's Ultrasoft CityFabric© tees. Six cities available.
$23.00