A dramatically redesigned plaza in front of the Metropolitan Museum of Art on Fifth Avenue was dedicated today and named in honor of its sole donor, David H. Koch. The four-block long plaza, which flanks the museum’s famous entrance steps, includes two fountains, alleys of trees, new paving and red, angular canopies/parasols over seating benches.
The redesign of the plaza space was two years in the making and cost $65 million, contributed entirely by Mr. Koch, a trustee of the museum. In his remarks inside the museum at the Temple of Dendur, Mr. Koch said that when Daniel Brodsky, the museum’s chairman, asked how the new plaza was going to be paid for he said he “had a good idea – why don’t I do it?!”
Mr. Koch, who attended the ceremony with his wife, Julia, and three children, said that the plaza “became a passion for me.” He had lived nearby when it was under discussion and he said he hoped it will last for 50 years until a future philanthropist funds another renovation.
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Crunching numbers all day as one of the leading financial advisors at USB can’t be an easy task, so it makes perfect sense why Louise F. Gunderson chose to make this tranquil, inviting apartment her new home. The crystal-clear views of the Metropolitan Museum of Art and Central Park Reservoir probably don’t hurt either. Ms. Gunderson purchased a unit at 1035 Fifth Avenue for $4.75 million through a listing held by Lisa K. Lippman and Scott Moore at Brown Harris Stevens. The seller, Sylvan Schefler, head of the Investment Banking Department at Drexel Burnham Lambert Inc., likely had the same idea when he acquired the co-op in 1999.
The large single-pane tilt and turn windows of this 2BR/3BA home let in tons of natural light and perfectly frame the uniquely Upper East Side views. High ceilings and hardwood flooring throughout are two of the lovely prewar details, while updated touches like custom built-in shelving and charming window seats create a modern, urban feel.
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