Main | Thursday, March 05, 2015

David Geffen Donates $100M To Lincoln Center For Remodel Of Avery Fischer Hall

Via the New York Times:
The world of New York high culture was given a surprise dose of glitz on Wednesday, when Lincoln Center announced that David Geffen, the entertainment mogul who has shaped cultural tastes in pop music, art and movies, will donate $100 million to renovate — and rename — Avery Fisher Hall, home of the New York Philharmonic, at Lincoln Center. Mr. Geffen’s gift will help pay for the hall’s gut renovation, which is expected to cost more than $500 million. Although construction is not scheduled to begin until 2019, the building will become David Geffen Hall this September, with the start of the Philharmonic’s 2015-16 season. The hall, built in 1962, has long been viewed as outdated and acoustically problematic. But raising money promised to be a challenge; the family of Avery Fisher had threatened legal action 13 years ago if the concert hall were to be rebuilt or renovated under a new name. That obstacle was overcome in November, when the Fisher family agreed to give up the naming rights with inducements including a $15 million check.
In 2008 David Koch also donated $100M to Lincoln Center and the New York State Theater there now bears his name.

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