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FEBRUARY 2006

Bank Street College of Education Honors Irma & Paul Milstein & President Augusta Souza Kappner

Recently, the Pierre Hotel was the site of an elegant dinner to honor the philanthropy of Irma and Paul Milstein as well as a decade of President Augusta Souza Kappner’s visionary leadership. The President’s Medal and honorary doctorates by the Bank Street College of Education was awarded to the Milsteins in honor of their support of educational initiatives and their philanthropic leadership in New York City.

Paul Milstein, a renowned real estate developer, pioneered the revival of New York’s Upper West Side in the 1960s and 1970s. He and his wife, Irma Milstein, are just as renowned for their major philanthropic activities in NYC over the past two decades. She said, “New York has been good to us; we want to be good to New York.”

The education and corporate communities turned out in record numbers to acknowledge and deliver panegyrics for Bank Street’s outstanding work in training new teachers, working with school communities and indeed “Leaving No Child Behind.”

Praises were delivered by Joel Klein, Dennis Woolcott, Richard Parsons and Sue Kaplan, Chair of the Board of Trustees of Bank Street while Vartan Gregorian, Regina Peruggi and several Milstein family members looked on.

A quote of the founder of Bank Street, Lucy Sprague Mitchell, which graced the program cover, was very much in evidence: “Our credo demands ethical standards as well as scientific attitudes. Our work is based on the faith that human beings can improve the society they have created.”#

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