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Mercantile Exchange gets to the core of the art worm.


The New York Mercantile Exchange New York Mercantile Exchange (NYMEX)

The world's largest physical commodity futures exchange.
 Charitable Foundation is bringing more art to Lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan is generally defined as the area delineated on the north by Chambers Street, on the west by the Hudson River (North  by sponsoring a 2,500-square-foot public studio where people can watch artists design giant apples for Big Apple Fest, Charitable Foundation Co-Chairmen Richard Schaeffer and Steven Karvetlas and Big Apple Fest Managing Directors Jon Clay and Bill Carroll announced.

The Big Apple Fest Seaport Orchard is located at 192 Front Street, with space donated by the Seaport Marketplace.

Artists will use the space to paint and decorate four-foot diameter apple sculptures for the Big Apple Fest public art exhibit which will place 300 giant apples throughout 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.
 this summer.

The public can view the transformation of the apples into works of art, through large windows on the street level of the building.

"The New York Mercantile Exchange Charitable Foundation is proud to support the efforts of Big Apple Fest and add to the development of the arts in Lower Manhattan," said Mr. Schaeffer.

"Throughout our 132-year history in Lower Manhattan, we have always placed a priority on community involvement."

Mr. Karvellas added, "We are also very enthusiastic about the charities that will ultimately benefit from this program. Whether it be a tourist or local resident who benefits culturally or a needy New Yorker yorker
Noun

Cricket a ball bowled so as to pitch just under or just beyond the bat [probably after the Yorkshire County Cricket Club]
 who benefits from the funding for humanitarian services Humanitarian Services is an arm of the LDS Philanthropies of The Church of Jesus Christ of Latter-day Saints. The organization's humanitarian aims are to aid impoverished families worldwide in becoming self-reliant, healthy, and educated as well as provide aid in emergency , this is a win-win for our city."

"We are thrilled to have the New York Mercantile Exchange Charitable Foundation support Big Apple Fest. They support numerous city-based philanthropic organizations and are proud to partner with them. " said Jon Clay.

"This unique space will allow artists to work in a creative atmosphere, while also showcasing their talent to a wider audience of Lower Manhattan residents and visitors."

In addition to the Foundation's participation, the New York Mercantile Exchange will sponsor artists to design three apples for Big Apple Fest, with at least one placed outside the Lower Manhattan headquarters of the Exchange.

At the conclusion of the exhibit in October, Sotheby's will hold a live auction of the apples.

A substantial portion of the proceeds will benefit the Police Athletic League The Police Athletic League (PAL) is an organization in many American police departments in which members of the police force coach young people, both boys and girls, in sports, and help with homework and other school-related activities. , City Harvest and NYC NYC
abbr.
New York City


NYC New York City
 & Company Foundation.

The New York Mercantile Exchange is the world's largest physical commodity exchange, offering trading in energy and metals futures and options and clearing services for off-exchange energy transactions.

The New York Mercantile Exchange Charitable Foundation is the philanthropic arm of the Exchange, distributing approximately $2 million a year, contributed by the Exchange, its traders, and staff, to educational, cultural, and humanitarian programs, primarily in the tri-state area There are a number of places in the United States known as tri-state areas where three states or holdings meet at one point (a tripoint), or in proximity to each other. The two most well-known are for the New York and Chicago metropolitan areas. .

The exhibit is a collaborative effort between the organizers of the Big Apple Fest, 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 NYC & Company.

For more information, including artistic and sponsorship opportunities, contact Jon Clay at 212-599-0409 or visit the official Big Apple Fest website at www.bigapplefest.org
COPYRIGHT 2004 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Banking & Finance; New York Mercantile Exchange Charitable Foundation
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Jun 9, 2004
Words:467
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