Abstract:
This is the third, in a series of cases, that details the means by which New York City's Parks Department sought private funds to maintain public properties in Riverside Park, on the west side of Manhattan. The case outlines the complex internal and external processes involved in identifying private funds, gaining the approval of community groups and other agencies of city government, and collaborating with the lead agency, the Parks Department, amidst turnover of key personnel. The effort to renew Riverside Park was particularly complicated by the presence of an important public memorial, the "Soldiers' and Sailors' Monument" and Plaza. Any alternation or renovation around said monument required approval from the city's Landmarks Preservation Committee.
Learning Objective:
This case highlights the intricacies of public-private partnership agreements, and competing civic interests which must be reconciled as agreements are designed.
