HIGH TIMES: Tiffany chairman and chief executive officer Michael Kowalski met with Mayor Michael Bloomberg Tuesday to name The Tiffany & Co. Foundation Overlook on the High Line in New York.
Kowalski and Bloomberg were joined by Friends of the High Line cofounders Joshua David and Robert Hammond at the southern-most end of the park at Gansevoort Street to also pay tribute to The Tiffany & Co. Foundation’s support of the High Line with grants totaling $6.3 million.
This story first appeared in the July 18, 2012 issue of WWD. Subscribe Today.
Although the event was closed to the press, Kowalski told WWD afterward that one of the Foundation’s missions is to support urban parks and spaces.
“We think the High Line is one of the most spectacular spaces in New York, maybe even the entire country,” he said. “We also think it’s a wonderful example of what private and public partnerships can accomplish.”
The Tiffany & Co. Foundation, which is a separate entity from the luxe jeweler, was a founding supporter of the High Line at its earliest stages with its first grant of $1 million in 2007. In 2011, the Foundation awarded its single largest grant to the High Line with a $5 million five-year challenge grant, which, according to Kowalski, has been a meaningful driver to advance the acquisition of the rail yards for the park.