Hedge fund billionaire John Paulson and his foundation, the Paulson Family Foundation, are donating $100 million to the Central Park Conservancy, Mayor Michael Bloomberg announced at a news conference today. According to the New York Times, it is the largest-ever gift to a public park — more than twice the $40 million given by cyclist Joshua Rechnitz earlier this year to build a cycling track in Brooklyn Bridge Park. The park currently has an endowment of $144 [more]
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