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The Shed Hudson Yards

Michael Bloomberg injects $75M into the Shed at Hudson Yards $421M has now been raised for the center’s capital campaign

Michael Bloomberg donated and rendering of the Shed (Credit: Getty Images and Diller Scofidio + Renfro)

Former Mayor Michael Bloomberg donated $75 million towards the construction of the Shed, an arts center slated to open at Hudson Yards in 2019.

Bloomberg made an undisclosed donation of $15 million in 2012, the New York Times reported, and yesterday added $60 million to his contribution. The money was given through his charity organization Bloomberg Philanthropies. A total of $421 million has now been co上海千花网交友

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llected toward a $500 million capital campaign, the Shed’s chairman and president Daniel Doctoroff told the newspaper.

In 2013, the Bloomberg administration allocated $50 million to the Shed, which was the biggest cultural capital grant of that year.

Designed by Diller Scofidio + Renfro in collaboration with Rockwell Group, the shed is a flexible, performative structure that can physically changed fo新爱上海同城对对碰论坛

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r different performances and guests. Spanning six levels, it will have 25,000 square feet of museum space, a 500-seat theater, event and rehearsal space and an artist lab. Con阿拉爱上海同城

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struction started in mid-2015 and is scheduled for completion in 2019.

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d Companies’ Stephen Ross, the main developer of Hudson Yards, is on the Shed’s board, along with Diane Von Furstenberg. The fashion designer, with husband Barry Diller, gave at least $35 million to the High Line, which will have direct access to the Shed, according to the Times.[NYT] Miriam Hall

(To view more new construction in Hudson Yards, click here)

Tags: Development, Hudson Yards, Michael Bloomberg, Real Estate Finance
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