|
|
Article: United States: Madoff Loss May Slow City Center s Shrunken $300 Million Revamp.
- Article from:
- TendersInfo
- Article date:
- February 27, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: sanjayV03
In December 2005, New York City Center theater hatched a roughly $300 million renovation plan, after soliciting ideas from the Paul Taylor Dance Foundation and other resident companies.
They said, dream out loud, and we did, said John Tomlinson, general manager of Paul Taylor.
City Center says the top-to-bottom makeover eventually will proceed, even though six members of its 32-person board of directors invested with Bernard L. Madoff, who is alleged to have run a $50 billion Ponzi scheme.
The six donated at least $260,000 to City Center last year, according to a program of the musical revival series Encores!
...