Michael Bloomberg Donates to $75 Million to The Shed Arts Center in Hudson Yards

May 25th, 2017

Former mayor Michael Bloomberg has donated $75 million to The Shed, a new arts center under construction in the Hudson Yards development project.  “I’ve always believed the arts have a unique ability to benefit cities by attracting creative individuals of every kind, strengthening communities, and driving economic growth,” Bloomberg said in a statement. “The Shed will help New York achieve all three goals.”

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