Lincoln Center Breaks Ground on New Building
Nov. 11, 1987
NEW YORK (AP) _ Ground was broken Tuesday for a twin-towered building at Lincoln Center for the Performing Arts, the center's first new building in 25 years.
The project will have a 10-story base, on top of which will be placed an 18-story dormitory and a 45-story apartment building, said Joe McKaughan, a spokesman for Lincoln Center.
McKaughan said a development consortium, Hyman-Stillman I, paid $48.5 million for the air rights to the apartment building, and has the construction contract for the entire project, at the site of an old high school.
Lincoln Center's construction costs are $110 million, plus $25 million to run the building once it is completed in 1990.
The base will be used by organizations affiliated with Lincoln Center, and will include a new film theater and a new branch of the New York Public Library. The dormitory will be used by the Juilliard School and the School of American Ballet.