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38<br />

The Angel of the Waters<br />

Among the many forms of artistic<br />

expression <strong>New</strong> <strong>York</strong>ers can find <strong>to</strong>day<br />

in <strong>Central</strong> Park, sculpture is among the<br />

oldest. In 1873, Emma Stebbins was<br />

commissioned <strong>to</strong> create “The Angel of<br />

the Waters” at Bethesda Fountain – the<br />

Park’s first commissioned sculpture and<br />

the first commission for a major work of<br />

public art ever awarded <strong>to</strong> an American<br />

woman. Today the angel – one of 51works<br />

of sculpture found in the Park – remains<br />

one of the Park’s most popular figures, and<br />

one of its best-known images.<br />

it annually hosts major performances – Shakespeare in the Park, the <strong>New</strong> <strong>York</strong><br />

Philharmonic, the Metropolitan Opera, SummerStage and others – that <strong>to</strong>gether<br />

draw hundreds of thousands of people from throughout the City and beyond. But the<br />

Park also hosts a variety of other cultural activities serving the local community. They<br />

include, for example:<br />

•<br />

•<br />

•<br />

•<br />

•<br />

•<br />

The Harlem Meer Performance Festival, a weekly performance series by the Meer, at<br />

the north end of the Park;<br />

Sunday Latin, gospel and jazz concerts at the Dana Discovery Center;<br />

A marionette theater at the Swedish Cottage;<br />

Family music and art workshops;<br />

Winter Jam, an annual winter festival attracting more than 10,000 participants in<br />

2007; and<br />

The <strong>Central</strong> Park Film Festival, featuring a different movie that was filmed at<br />

<strong>Central</strong> Park each evening for a week at the end of August.<br />

Building <strong>New</strong> <strong>York</strong>’s “social capital”<br />

While the numbers on <strong>New</strong> <strong>York</strong>ers’ use of the Park are impressive, <strong>Central</strong> Park has<br />

a value <strong>to</strong> the community that goes beyond what can be measured by aggregating<br />

numbers of individuals who use its facilities at various times for various purposes.<br />

The Park also represents a significant investment in building <strong>New</strong> <strong>York</strong> City’s “social<br />

capital” – the collective value that arises from the “trust, reciprocity, information, and<br />

cooperation associated with social networks.”<br />

<strong>Central</strong> Park contributes in several ways <strong>to</strong> the development of social capital. The<br />

<strong>Central</strong> Park Conservancy, for example – in addition <strong>to</strong> being an enterprise that<br />

generates substantial revenue and invests heavily in the management, maintenance and<br />

improvement of the Park – is also a focal point for volunteer activity. The Conservancy’s

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