NEW YORK — The New York Public Library has secured a $55 million donation to pay for the total renovation of the Mid-Manhattan branch library — the second largest donation in the library system’s history.
The NYPL announced Wednesday that it had received the donation from the Stavros Niarchos Foundation. The library will reopen in 2020 after renovations that began this summer, when it will be rechristened as the Stavros Niarchos Foundation Library.
Anthony Marx, the library’s president, says the gift will give the city “the great central branch it never had.” The Mid-Manhattan branch is a circulation library that officials considered selling before the plan was abandoned in 2014.
Marx says they will announce new plans for renovations at the flagship library on Fifth Avenue at a later date.