NYC-WTC_000195490

NYC 9/11 Public Portal Document

Capital Review

The Department’s Ten-Year Capital Strategy totals $587.9 million in City funds. ’rogram imunity. Major Highlights of the Ten-Year Strategy; I

• a Master Plait including extensive renovations and expansions at Lincoln Center for the Performing Arts million ($216 million). The overall Master Plan will cost approximately $1.5 billion and take approximately 10 years to complete. The total City commitment is $240 million. '

ted $5.3 • a major new building for the Guggenheim Museum of Art designed by Frank Gehry to be built on piers over the East River ($32.8 million). The value of the land ($35 million) brings the total City contribution to $67.8 million. • Jewish n to this • construction of exhibition space at the Tweed Courthouse, the new home for the Museurn of the City of New York in lower Manhattan ($5.4 million plus $12.6 million in 2001). The $18 milliorl in City funds will be matched with $18 million in private funds. '

• a major addition to the Morgan Library. The City is contributing $5 million towards this $100 million ation at project.^ ’

• comprehensive reconstruction and expansion at the Metropolitan Museum of Art ($23 million). Projects include the renovation of the Great Hall & the Fifth Avenue Plaza, construction of a new Education Center, expansion of the Museum’s Library, and reconstruction work in the Italian Sculpture, Egyptian, loard of and Decorative Arts Galleries.

• a series of new projects for New York Aquarium for the revitalization of Coney Island ($ 19.5 million). ;ed$5.4 Projects include a new Carousel Visitor Center, a new Boardwalk Entrance, renovation of the Main Hall, a Plaza Master Plan, and improvements to the Aquatheater.

this $5 • creation of a new wing for the Museum of Jewish Heritage ($10 million). Overall, the City has contributed $22 rriillion for this wing which will be matched by $22 million in private funds. The new building will contain a theater, special exhibition galleries, a Family History Center, classrooms, offices, a kosher ( dining facility, and a garden.

I • infrastructureimprovements attheNewYorkBotanicalGarden($13.9million). The City has contributed $22.2 million to date towards a $300 million capital campaign. Projects in the Master Plan include the reconstruction of a new Visitors’ Center, renovations to the Museum Building Interior, as well as garden­ wide irrigation, the restoration of the Fountain of Life, expanded parking, road repairs, and night illumination. 35 m ' • a new permanent home for the Alvin Ailey Dance Foundation ($7.5 million). aF Funds • major expansion and improvements, to the New York Hall of Science ($8.8 million). Overall, thejCity has contributed $33.4 million towards this project. ; 46,458 46,458 • expansion and improvements at the Center for Jewish History ($7 million) as part of a $50 million renovation project. The total City contribution to this project is $10 million.

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NYC-WTC_000195721