Central Park bridgeCalling it the largest donation ever to a park in the U.S., New York City’s Mayor Bloomberg announced that hedge fund billionaire John Paulson has donated $100 million toward the upkeep of his city’s beloved Central Park.

“Central Park is the most deserving of all of New York’s cultural institutions,” said Paulson, who grew up and still lives near the park. “I wanted the amount to make a difference.”

The donation will go to the non-profit Central Park Conservancy which maintains the park’s 843 acres.

(READ the story at NBC News — or the feature in the NY Times)

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