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From: NYTimes.com News Alert <nytdirect@nytimes.com>
Date: Wed, 07 May 2014 13:19:51 -0400
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Subject: Breaking News: New York Public Library Scraps Plan to Revamp Flagship
New York Public Library Scraps Plan to Revamp Flagship | In a striking about-face, the New York Public Library has abandoned its plan to turn part of its research flagship on 42d Street into a circulating library and instead will renovate the Mid-Manhattan library on Fifth Avenue, several library trustees said. | | “When the facts change, the only right thing to do as a public-serving institution is to take a look with fresh eyes and see if there is a way to improve the plans and to stay on budget,” Tony Marx, the library’s president, said Wednesday in an interview. | | The renovation, formerly known as the Central Library Plan, would have required eliminating the book stacks under the building’s main reading room and was to have been paid for with $150 million from New York City and the proceeds from the sale of the Mid-Manhattan, at 40th Street, and the Science, Industry and Business Library in the former B. Altman building, on Fifth Avenue at 34th Street. | READ MORE » http://www.nytimes.com/2014/05/08/arts/design/public-library-abandons-plan-to-revamp-42nd-street-building.html?emc=edit_na_20140507 | | | |
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