JP Morgan Chase Donates $1 Million to Restore Central Park

by - November 19, 2009 at 1:39 am -

Central Park is getting a little financial help from a friend. JP Morgan Chase and its chief executive, Jamie Dimon, has donated $1 million to the Central Park Conservatory to help replace the more than 600 trees that were damaged during an Aug. 18 storm.

central park treeThe story was reported in a Nov. 15 Crain’s New York Business article. Parks Commissioner Adrian Benepe said that the storm caused the most damage he has seen during his 30-year career.

Mayor Michael Bloomberg announced the contribution during a Nov. 17 tree planting ceremony near the Great Hill at 106th Street. “The August thunderstorm ripped through the city, causing some of the most extensive damage to Central Park in modern memory,” Bloomberg said in a press release.

“We knew we needed to move quickly to restore a place that is such an integral part of New Yorkers’ lives,” Dimon said in a press release.

Since the storm the conservancy has been working to help restore vegetation throughout the 843-acre park.

“Thanks to the hard work of the Central Park Conservancy, the road to restoration is well underway,” Benepe said, “but much needs to be done to replant the damaged areas while taking this opportunity to increase plant diversity, encourage wildlife and improve the park’s vistas.”

(photo via flickr)

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