YMCA completes $50m capital campaign.

The YMCA of Greater New York has successfully completed a $50 million capital campaign led by Stephen B. Siegel, Chairman, Global Brokerage for CB Richard Ellis. This successful undertaking has enabled the YMCA to move forward on one of the most significant new construction and renovation projects in its history--a $150 million effort that will result in the construction of three new YMCAs and expansion or substantial renovation of 16 other YMCA Branches throughout the five boroughs of New York City. Each of the YMCA's 19 Branches is a part of this reconstruction effort.

Jack Lund, President and CEO of the YMCA of Greater New York, said: "The purpose of the YMCA's capital redevelopment program is to expand capacity for youth programs. This expansion and modernization program will make the YMCA accessible to more people than ever. With our special mission to New York City's youth, the YMCA offers children and teens an array of programs and services that range from recreational to educational to character building, providing a respite from the city streets and a path to the future.

"The efforts of Steve Siegel have been extraordinary and his commitment and effectiveness as Campaign Chair will benefit thousands of youth and adults who are able to take advantage of these new and modernized facilities," Mr. Lund added.

Mr. Siegel said: "The YMCA is a youth-serving organization deeply involved in the life of New York, creating and delivering high-quality programs that nurture and protect our young people. The $150 million master redevelopment plan, for which the campaign has been key, is a legacy-building undertaking that is benefiting communities across the city. The $50 million, which was the centerpiece of the campaign, raised funds entirely from private sources and we are extremely grateful to our generous contributors."

Major projects that have been completed or are currently underway:

* A new McBurney YMCA has been completed at 125 West 14th Street.

* Construction of a permanent home for the Brooklyn Central YMCA is underway in downtown Brooklyn at 225 Atlantic Avenue.

* Construction of a new facility for the Chinatown YMCA at 273 Bowery will include a swimming pool, gymnasium, health and wellness center, community computer room, classrooms and multipurpose rooms.

* Reconstruction of the Bedford-Stuyvesant YMCA at 1121 Bedford Avenue will create a campus that includes 19,000 square feet of new space, renovation of the existing activity center, and expansion of the outdoor recreational space.

* The Bronx YMCA, officially named the Howard and Minerva Munch Day Camp and Family Center, has constructed a new 21,000 square foot main building, renovated the smaller original building and reconfigured the surrounding site on the Bronx waterfront at 2 Castle Hill Avenue.

* The Long Island City YMCA has increased its overall facility size by 80% with the construction of a new wing.

Other projects that are planned, underway or have already completed throughout the YMCA of Greater New York, include the Cross Island, Flushing and Jamaica YMCAs in Queens; the Flatbush, Greenpoint, North Brooklyn, and Prospect Park YMCAs in Brooklyn; Harlem, Vanderbilt, and West Side YMCAs in Manhattan; major expansion projects at the two principal YMCA facilities in Staten Island, and Camping Services in Huguenot, New York.