Broadway Producer Gives $10 Million Gift to Carnegie Hall for Studio Towers Renovation

Carnegie Hall today announced that a $10 million major gift from Judith and Burton Resnick will provide important support toward its Studio Towers Renovation Project, a comprehensive undertaking that will create new inspirational spaces for music education on the building's existing upper floors while also fully refurbishing the venue's backstage areas. The project, scheduled to be completed and opened in 2014, will be transformational for Carnegie Hall, creating new facilities designed to make great music accessible to as many people as possible.

The 61,000-square foot Judith B. and Burton P. Resnick Education Wing-newly-named in recognition of this gift and the Resnick family's longtime support of Carnegie Hall-will include new ensemble rooms, practice rooms, and teaching studios atop the landmark building as well as a state-of-the-art home for Carnegie Hall's Archives. Collectively, these facilities will ultimately provide a wonderful setting in which to inspire a lifelong love of music in young musicians, students, and educators, with the new spaces supporting Carnegie Hall's music education and community programs that are serving an increasing number of people each year in New York City and around the world.

"It gives me great pleasure to recognize Judy and Burt Resnick for this incredibly generous gift-important funding that will help to ensure that Carnegie Hall is positioned to meet audiences' needs in the twenty-first century as well as it has done in the past," said Clive Gillinson, Carnegie Hall's Executive and Artistic Director. "Judy and Burt have long been dedicated supporters of Carnegie Hall, and they have personally given so much of themselves and their time, to this project in particular. On behalf of everyone at the Hall, I want to thank them for everything that they do for Carnegie Hall, day in and out, and for the significant impact that this funding will have in safeguarding the Hall for the future."

"We strongly believe in the importance of music education, and we are very proud to be associated with both the Hall's new education center and the innovative programs of Carnegie Hall's Weill Music Institute that will find a home there," said Mr. and Mrs. Resnick. "We know that this new space will inspire our City's children and music lovers of all ages for generations to come."

Burton P. Resnick has been a Carnegie Hall trustee since 1988 and a vice chairman of the Hall's board since 2010. Mr. Resnick is also chairman of the Hall's Building Committee which has oversight over all major capital projects at Carnegie Hall. Major projects undertaken during his tenure include the construction of Judy and Arthur Zankel Hall, which opened in 2003, and the current Studio Towers Renovation Project. Judy Resnick has been a member of Carnegie Hall's Special Events Committee for more than two decades, serving together with Burt as Chairs of the Opening Night Gala Journal for eleven years.

With this generous gift, more than $205 million has been raised in support of the $224 million renovation project. Among the pledges made to Carnegie Hall's capital campaign are a major leadership gift from Joan and Sanford I. Weill and The Weill Family Fund and significant funding from New York City and New York State. The total also includes $56.5 million in net proceeds from bonds issued through the Trust for Cultural Resources from the City of New York.

Burton P. Resnick is the Chairman and Chief Executive Officer of Jack Resnick & Sons, Inc. Since its founding in 1928 by Burt's late father, Jack, the company has been in the forefront of the real estate development, construction, ownership and management business in New York. The firm presently controls in excess of five million square feet of first class real estate in prime locations in New York City, and it counts among its holdings some of the city's most important residential and commercial buildings. Mr. Resnick is Chairman Emeritus of the Real Estate Board of New York, Inc. and is actively involved with many philanthropic organization, including, among others, the Albert Einstein College of Medicine (Chairman Emeritus), the Real Estate Council of the Metropolitan Museum of Art (Co-Chairman Emeritus), Hebrew Home for the Aged in Riverdale, and Weill Cornell Medical College and Graduate School of Medical Sciences.

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