From the NY Post:
Central Park is about to get even more green.
Six months after hedge-fund billionaire John Paulson pledged $100 million to the Central Park Conservancy, the nonprofit that oversees the lush 843-acre park is due to get $90 million from the city under a new 10-year management contract.
That’s a huge increase over the current pact, which expires on June 30 and provides $39.2 million over eight years.
Parks officials defended the higher spending as necessary to keep the heavily used park in peak condition.
“Clearly, the city thinks they’re doing a great job, which they are, for the most part,” said Geoffrey Croft of New York City Park Advocates, who has never shied away from pointing out parks shortcomings.
But Croft questioned how other parks in the 29,000-acre system will get by without wealthy benefactors or large city subsidies.
“There is an enormous difference [in] what this park gets and what others parks get,” he said.