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Private Money, Public Parks

2013-09-01, Feature, by Michael Powell

Private funding is seen as a panacea for public parks, but a closer look reveals equity issues and an alarming decline in public funding.It was an extraordinary moment in the history of America’s urban parks, as hedge-fund billionaire John A. Paulson stepped forward last October in New York and wrote a $100 million check for Central Park.  <....

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Great article. I hope that some day in the near future politicians can once again see the value in investing in these spaces as they benefit all and are part of what makes America great.