$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.
Published on Tuesday, June 2, 2009 in
- Is There a Perfect Density?
- Six States Considered Laws to Make it Legal to Run Over Protestors This Year
- Aurora Rising
- The Most Effective Way to Reduce Employee Driving
- Corridors Are the Secret to Improving Transit in Small Cities
- When Men Control the Debate About the Future of Cities
- Five Big Ideas About the Future of Transportation and Land Use in Los Angeles
- The 'Steady Decline' of Suburban America
- Trump's Infrastructure Plan Slow to Materialize Despite New Executive Order, Flow Chart
- Cooling L.A.
- Successfully Engaging With Underrepresented Communities for Comprehensive Plans
- Average Commute Times Won't Change Because of the Hyperloop
- Gentrification and Controversy in the Bronx
- Trafalgar Square Shows How to Reuse Pedestals Where Statues Once Stood
- Copenhagen's Post-Industrial Adaptive Reuse
- The Trump Administration's Assault on Diversity Spreads to Housing Vouchers
- Night Mayors Come to America
- Friday Eye Candy: An Infographic for Every Transit Mode
- Is the Era of the 'Free' Freeway Coming to an End?
- A Montana College Town's Beer Economy
