Wednesday, March 12, 2008

Wow! NYPL! That's incredible!

Do you believe that? Stephen A. Schwarzman is donated a gazillion dollars to NYPL! That's so incredible. I wonder what the staff thinks.
clipped from

A $100 Million Donation to the N.Y. Public Library

The New York Public Library’s venerable lion-guarded building on Fifth Avenue at 42nd Street is to be renamed for the Wall Street financier Stephen A. Schwarzman, who has agreed to jump-start a $1 billion expansion of the library system with a guaranteed $100 million of his own.

Grand Plans

The project, to be announced on Tuesday, aims to transform the Central Library into a destination for book borrowing as well as research. The Mid-Manhattan branch, on the east side of Fifth Avenue at 40th Street, will be sold and its circulating collection absorbed into the new space.

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