At World Trade Center Site, Ronald O. Perelman Donates $75 Million for NYC Arts Complex

The New York Times:  Ronald Perelman Donates $75 Million for Arts Complex at World Trade Center Site

Less than a year since he stepped down as the chairman of Carnegie Hall after clashing with its staff, Ronald O. Perelman, the billionaire businessman, announced Wednesday that he was donating $75 million to revive plans to build a performing arts center at the World Trade Center site.

His donation immediately catapulted the long-stalled performing arts center, one of the last major pieces of unfinished business at the World Trade Center site, from aspirational to achievable and places him among a new generation of power brokers and billionaires who are reshaping — and renaming — the cultural infrastructure of New York. In recognition of his gift, the new theater complex, which will sit on one of the most emotionally resonant and most visited spots in the city, will be named for Mr. Perelman.

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