Ten years after receiving it, New York University made public a $100 million gift from the hedge fund leader John Paulson, who made a fortune in the U.S. housing crisis, to support the construction of a now mostly-complete building that will also be named after him.
The donation announced Wednesday comes before the building, which is the largest on the NYU Washington Square campus, is scheduled to open in January. Estimated to cost over $1.2 billion, it's been under construction since 2016 and will be named the John A. Paulson Center.
