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Audit Report on the Compliance of Carnegie Hall Corporation's Special Program Fund with Its City Lease Agreement

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New York City entered a lease agreement with the Carnegie Hall Corporation to operate the Carnegie Hall Premises, which includes the land and the buildings on that land. An amendment was made to the lease to include the development of Carnegie Hall Tower, which required the Corporation to pay rent to the City. This allowed the Corporation to set aside money into a Special Program Fund. This audit determines whether the Corporation maintained records supporting the SPF-related activities and followed with the conditions of its lease agreement.

Agency
Subject
Report type
  • Audit Report
Date published
  • 2013-01-18

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