{"id":1111,"date":"2012-09-18T14:54:13","date_gmt":"2012-09-18T18:54:13","guid":{"rendered":"https:\/\/howardandabbymilsteinfoundation.org\/?p=1111"},"modified":"2023-11-17T10:01:23","modified_gmt":"2023-11-17T15:01:23","slug":"abby-and-howard-milstein-make-major-gift-to-new-york-public-library","status":"publish","type":"post","link":"https:\/\/howardandabbymilsteinfoundation.org\/2012\/09\/abby-and-howard-milstein-make-major-gift-to-new-york-public-library\/","title":{"rendered":"Abby and Howard Milstein Make Major Gift to New York Public Library"},"content":{"rendered":"<p>Abby Milstein, a Library trustee, and Howard Milstein donated $8 million to the New York Public Library (NYPL), enabling the new Central Library Plan to move forward. The gift supports building additional storage space at the Stephen Schwarzman Building so that nearly twice as many volumes can be kept in the 42nd Street building as originally planned, answering the requests of scholars and researchers. \u201cIt is clearly important to scholars to have immediate access to research material,\u201d NYPL President Anthony Marx said. \u201cToday\u2019s vote by the Board, along with a generous gift from the Milsteins, makes this possible.\u201d<\/p>\n<p>\u201cMy experience on the Library\u2019s Board has shown me the importance of The New York Public Library to every community we serve,\u201d Abby Milstein said. \u201cMaintaining the heart of our research holdings adjacent to the Library will preserve this\u00a0invaluable resource for scholars and researchers, while allowing space for a spectacular new circulating library to better serve all of our users.\u201d<\/p>\n<p>Howard Milstein added, \u201cThis exciting new project will propel The New York Public Library into the future. It\u00a0deserves the support of the Board and people who love the Library.\u00a0Our commitment is a vote of confidence in President Tony Marx and the entire Board of the Library.\u201d<\/p>\n<p>The Central Library Plan will create what the Library calls \u201cthe world\u2019s largest combined research and circulating library facility.\u201d The estimated 30,000 square feet of additional collection storage that the Milsteins\u2019 gift allows to be constructed will house close to 1.5 million volumes, in addition to the 1.8 million volumes that will be stored underneath Bryant Park.<\/p>\n<p>Abby S. Milstein is a Trustee of the New York Public Library, where she co-chairs the Committee on Library Policy and serves on the Executive Committee and many other committees. For 15 years, she chaired or co-chaired the Library\u2019s Literary Luncheon.<\/p>\n<p>Abby is a founding partner in the law firm of Constantine Cannon, P.C. She is a magna cum laude graduate of Harvard University (Radcliffe), where she was elected to Phi Beta Kappa, and a cum laude graduate of Harvard Law School.<\/p>\n<p>Howard P. Milstein is Chairman, President and Chief Executive Officer of New York Private Bank &amp; Trust and its operating bank, Emigrant Bank (the country\u2019s largest privately held bank). He also chairs and operates the Milstein family\u2019s real estate companies, including Milstein Properties, Milford Management and the Milford Agency. Howard is founding Chairman of the merchant bank FriedbergMilstein.<\/p>\n<p><a href=\"https:\/\/www.nytimes.com\/2012\/09\/20\/books\/main-library-revises-storage-plan-for-research-books.html\" target=\"_blank\" rel=\"noopener\">For a New York Times article with additional information about Abby and Howard Milstein\u2019s gift and the New York Public Library\u2019s Central Library Plan, click here.<\/a><\/p>\n<p><a href=\"https:\/\/www.nypl.org\/press\/press-release\/2012\/09\/19\/new-york-public-library-board-trustees-approves-construction-addition\" target=\"_blank\" rel=\"noopener\">For the New York Public Library\u2019s announcement of the gift, click here.<\/a><\/p>\n<p>Source: New York Public Library<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Abby Milstein, a Library trustee, and Howard Milstein donated $8 million to the New York Public Library (NYPL), enabling the new Central Library Plan to move forward. The gift supports building additional storage space at the Stephen Schwarzman Building so that nearly twice as many volumes can be kept in the 42nd Street building as&hellip;<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Abby and Howard Milstein Make Major Gift to New York Public Library - Howard and Abby Milstein Foundation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/howardandabbymilsteinfoundation.org\/2012\/09\/abby-and-howard-milstein-make-major-gift-to-new-york-public-library\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abby and Howard Milstein Make Major Gift to New York Public Library - Howard and Abby Milstein Foundation\" \/>\n<meta property=\"og:description\" content=\"Abby Milstein, a Library trustee, and Howard Milstein donated $8 million to the New York Public Library (NYPL), enabling the new Central Library Plan to move forward. 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