$40m stadium project gets cash boost from financier.A new $40M track and field stadium at Randall's Island Randall's Island is situated in the East River in New York City. It is separated from Manhattan on the west by the river's main channel, from Queens on the east by the Hell Gate, and from the Bronx on the north by the Bronx Kill. Park is to be completed with $10 million gift From Carl Icahn Carl Celian Icahn (born February 16, 1936) is an American billionaire financier, corporate raider, and private equity investor. Carl Icahn Net worth is $14.5 Billion as of 2007 Forbes estimate. . Mayor Michael Bloomberg Michael Rubens Bloomberg (born 14 February 1942) is an American businessman, and the founder of Bloomberg L.P., currently serving as the Mayor of New York City. He was a general partner at Salomon Brothers before founding the financial software service company in 1981. , Parks &Recreation Commissioner Adrian Benepe, and Randall's Island Sports Foundation (RISF) Chair Richard J. Davis announced that the Carl C. Icahn Foundation and The Icahn Charitable Foundation, both funded by internationally renowned financier, Carl Icahn, have committed $10 million to the project, which is already under construction. The gift is the largest ever from a do nor to a New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. park facility. Icahn Stadium Icahn Stadium opened in 2005. Located on Randall's Island, in the heart of New York City, it is one of only three Class 1 internationally certified tracks in the United States[1]. will be the only state-of-the-art outdoor track and field venue in New York City designed to host local, national, and international competitions. The stadium will have seating for up to 10,000 spectators, a 400-meter running track, and a regulation-size soccer field, and will attract world-class events, while also providing a key resource to local communities and schools. The $40 million project is also funded by $20 million in public funds See Fund, 3. See also: Public and another $ 10 million in private donations, and will be complete by fall 2004. Carl Icahn, Gail Icahn, Deputy Mayor Patricia E. Harris, Economic Development Corporation (EDC EDC See: Export Development Corp. ) President Andrew Alper and RISF Founder and President Karen Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. joined the announcement at the Arsenal, Parks & Recreation headquarters, in Central Park. "Carl Icahn is a truly generous New Yorker who has supported this City in many ways, and we are grateful for his donation to this great facility," said Mayor Bloomberg. "With seating for up to 10,000 spectators, a 400-meter running track and a soccer field, Icahn Stadium will be a state-of-the-art outdoor track and field venue and provide fitness opportunities for all New Yorkers--especially for field competitions for local communities and schools. Icahn Stadium will be the centerpiece of Randall's Island." "I am proud to be part of this much needed movement to help the underprivileged youth of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ," said Mr. Icahn. "Randall's Island Park is the ideal location to establish an athletic complex to fulfill this function." The Department of Parks & Recreation, New York City EDC, and RISF are developing the state-of-the-art facility, which began construction in January 2003. Situated on the 25-acre northwestern waterfront area of Randall's Island Park known as the Great Lawn, Icahn Stadium will be visible from the East Side of Manhattan and from the FDR Drive. In addition to a full standard 400-meter running track flanked by covered spectator seating, the stadium will include modern locker rooms, showers special accommodations for the disabled and meeting rooms within the seating complex. A suspended roof structure and signature light towers will mirror the unique and historic architecture of the Triborough Bridge, which spans the length of the Park. The project architect is Hillier and the associate architect is Ricardo Zurita. The landscape architect is MPFP. |
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