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Carnegie Hall Studio Towers to be renovated.


Beginning this Summer, Carnegie Hall Carnegie Hall

Concert hall in New York, N.Y., U.S. It was endowed by the industrialist Andrew Carnegie at the insistence of the conductor Walter Damrosch (1862–1950).
 will implement a $14 million capital improvement program of its two studio towers in order to restore the 100-year-old infrastructure systems, upgrade public facilities, and enhance the architecture in interior public spaces.

The two towers, which stand 12 stories on the south side of the concert hall and 16 stories on the northeast, contain 144 rental studios built by Andrew Carnegie shortly after the opening of the concert hall in 1891. They were built to generate extra income needed to balance the deficit created by concert presentations at the Hall, and for over a century have housed a culturally significant body of artists and residents.

The City 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
 and Carnegie Hall have formed a precedent-setting partnership to finance the Studio Towers Capital Infrastructure Project. Mayor Giuliani and the City Council, led by Speaker Peter Vallone, have agreed to provide $12 million toward the project with the expectation that Carnegie Hall will generate an equivalent total from private sources toward its Endowment, to secure the Hall's future financial position. It is intended that this unique arrangement will serve as a model for future public/private partnerships. Substantial funds have also been committed from the Office of Ruth Messinger Ruth Wyler Messinger (born 1940) is a former political leader in New York City and a member of the Democratic Party. She was the Democratic nominee for Mayor of New York City in 1997, losing to incumbent mayor Rudy Giuliani. , Manhattan Borough President Borough President (informally BP, or Beep in slang) is an elective office in each of the five boroughs of New York City.

The offices of borough president were created in 1898 with the formation of the City of Greater New York.
.

The project will replace the following systems in the Studio Towers: electrical systems; mechanical systems, including plumbing and HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free ; windows; and upgrading of the public spaces (corridors, stairwells, bathrooms, and elevators). The project is scheduled to be completed in 1998 and will comply with applicable 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.
 construction code and the guidelines of the Americans with Disabilities Act Americans with Disabilities Act, U.S. civil-rights law, enacted 1990, that forbids discrimination of various sorts against persons with physical or mental handicaps. .

As a result of Carnegie Hall President Isaac Stern's effort to save the hall from destruction, a 1960 master lease between the City of New York and the newly formed Carnegie Hall Corporation mandated that artists have preference in the rental of all studios. Because of this lease, painters, musicians, dancers, photographers, actors, teachers, and a host of other arts-related professionals have a unique environment in which to live and create. Over the years tenants have included Spencer Tracy, Katharine Hepburn, Marion Brando, Isadora Duncan, Martha Graham, and Charles Dana Gibson. Today, the studios continue their creative activity with a variety of renowned and celebrated artists, making Carnegie Hall the longest-running cultural arts center under one roof in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. .
COPYRIGHT 1995 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Date:Jun 7, 1995
Words:387
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