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	<title>Observer &#187; New Yorkers Who Live By Central Park Stingy With Donations</title>
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		<title>Observer &#187; New Yorkers Who Live By Central Park Stingy With Donations</title>
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		<title>New Yorkers Who Live By Central Park Stingy With Donations</title>

		<comments>http://observer.com/2012/06/new-yorkers-who-live-by-cental-park-stingy-with-park-donations/#comments</comments>
		<pubDate>Mon, 04 Jun 2012 19:47:13 -0400</pubDate>
					<link>http://observer.com/2012/06/new-yorkers-who-live-by-cental-park-stingy-with-park-donations/</link>
			<dc:creator>Kim Velsey</dc:creator>
				
		<guid isPermaLink="false">http://observer.com/?p=244038</guid>
		<description><![CDATA[<p><div id="attachment_244044" class="wp-caption alignleft" style="width: 310px"><a href="http://observer.com/2012/06/new-yorkers-who-live-by-cental-park-stingy-with-park-donations/central-park-2/" rel="attachment wp-att-244044"><img class="size-medium wp-image-244044" title="Who's paying to cut the grass?" src="http://nyoobserver.files.wordpress.com/2012/06/central-park.jpg?w=300" alt="" width="300" height="225" /></a><p class="wp-caption-text">Who's paying to cut the grass?</p></div></p>
<p>New Yorkers who live on Central Park certainly <a href="http://www.crainsnewyork.com/article/20120603/REAL_ESTATE/306039985#ixzz1wrx78aL5">reap the benefits of parkside abodes, especially when it comes to resale values</a>, but they're less than generous about giving back.</p>
<p>Only 17 percent of parkside denizens have donated to the Central Park Conservancy since 2010, according to <a href="http://www.crainsnewyork.com/article/20120603/REAL_ESTATE/306039985#ixzz1wrx78aL5">a recent story in Crain's</a> by Michael Gross. And Mr. Gross, <a href="http://mgross.com/">chronicler of luxury New York real estate</a> and the author of consummate building biography <em>740 Park </em>should know. Not only does Mr. Gross seem to have his eye on every move that uptown dwellers make, but he's also a parkside resident himself.<!--more--></p>
<p>And local residents certainly make good use of the most ballyhooed of all New York apartment amenities. As Mr. Gross writes:</p>
<p><em>According to the conservancy, 550,000 people live within a 10-minute walk of the park, 65% of the 40 million or so bodies who enter annually are regulars (presumably neighbors) who come once a week or more, 31% use it every day, and yet only 55,000 generous souls help pay the 85% of its budget that is raised privately.</em></p>
<p>Perhaps the most egregious show of non-support comes from 15 Central Park West. Despite the fact that developers Arthur and Will Zeckendorf bought each initial purchaser a one-year membership, only 16 out of 201 households activated them.</p>
<p>"Whether they live here or not, the park elevates the value of their apartments," Terri Coppersmith, the vice president for development and visitor experience told <em>Crain's</em>. "They need us."</p>
<p>Perhaps residents are just waiting for better opportunities to endow benches and lawns? After all, philanthropy doesn't count unless your name is prominently attached to it, right?</p>
<p><em>kvelsey@observer.com</em></p>
<div></div>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_244044" class="wp-caption alignleft" style="width: 310px"><a href="http://observer.com/2012/06/new-yorkers-who-live-by-cental-park-stingy-with-park-donations/central-park-2/" rel="attachment wp-att-244044"><img class="size-medium wp-image-244044" title="Who's paying to cut the grass?" src="http://nyoobserver.files.wordpress.com/2012/06/central-park.jpg?w=300" alt="" width="300" height="225" /></a><p class="wp-caption-text">Who's paying to cut the grass?</p></div></p>
<p>New Yorkers who live on Central Park certainly <a href="http://www.crainsnewyork.com/article/20120603/REAL_ESTATE/306039985#ixzz1wrx78aL5">reap the benefits of parkside abodes, especially when it comes to resale values</a>, but they're less than generous about giving back.</p>
<p>Only 17 percent of parkside denizens have donated to the Central Park Conservancy since 2010, according to <a href="http://www.crainsnewyork.com/article/20120603/REAL_ESTATE/306039985#ixzz1wrx78aL5">a recent story in Crain's</a> by Michael Gross. And Mr. Gross, <a href="http://mgross.com/">chronicler of luxury New York real estate</a> and the author of consummate building biography <em>740 Park </em>should know. Not only does Mr. Gross seem to have his eye on every move that uptown dwellers make, but he's also a parkside resident himself.<!--more--></p>
<p>And local residents certainly make good use of the most ballyhooed of all New York apartment amenities. As Mr. Gross writes:</p>
<p><em>According to the conservancy, 550,000 people live within a 10-minute walk of the park, 65% of the 40 million or so bodies who enter annually are regulars (presumably neighbors) who come once a week or more, 31% use it every day, and yet only 55,000 generous souls help pay the 85% of its budget that is raised privately.</em></p>
<p>Perhaps the most egregious show of non-support comes from 15 Central Park West. Despite the fact that developers Arthur and Will Zeckendorf bought each initial purchaser a one-year membership, only 16 out of 201 households activated them.</p>
<p>"Whether they live here or not, the park elevates the value of their apartments," Terri Coppersmith, the vice president for development and visitor experience told <em>Crain's</em>. "They need us."</p>
<p>Perhaps residents are just waiting for better opportunities to endow benches and lawns? After all, philanthropy doesn't count unless your name is prominently attached to it, right?</p>
<p><em>kvelsey@observer.com</em></p>
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