Bloomberg Outdonates for Perelman Performing Arts Center

Former New York City Mayor Michael Bloomberg has given $130 million to the Perelman Performing Arts Center at the World Trade Center site, more than the $75 million donated by Ronald O. Perelman. Bloomberg has also served as chairman of the board since 2020 and helped raise funds for the center. The center, which will cost $500 million, is set to open in September and will showcase theater, dance, music, chamber opera, and film. The building is a 138-foot-tall cube sheathed in marble and has a flexible interior with three theater spaces that can be combined to provide multiple configurations.