Today’s LA Times looks at the finances of Bryant Park in New York City. The park, which is completely funded by commercial sponsors and fees, represents what might be a growing trend of private financing for public spaces. Critics are concerned that the public, particularly the poor, may be one day forced out of these quasi-private spaces. Proponents say that private donations help improve the care and upkeep of parks much more than fickle public money. Read on for the Times‘ take.
Photo by Son of Groucho.