Dan Biederman, Remaking Public Spaces

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”
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On this week’s Masters in Business radio podcast, I speak with public-private space expert Dan Biederman. You may not have heard of him, but his work likely influences more people than any guest we have had. He re-invented public spaces with private funding by developing a new model to optimally “program a park.”

Back in the 1970s and 1980s, Manhattan's Bryant Park was dangerous and drug-infested. Biederman tells the story of how he was put in charge of reviving the park with backing from the Rockefeller family, a model he took elsewhere in the city, the state, nationally and overseas.

Download the full podcast at iTunes and SoundCloud and Bloomberg.com. Earlier podcasts can be found on iTunes and at Bloombergview.com. You can also listen to Masters in Business on Bloomberg Radio Friday at 9 p.m., Saturday at 4 a.m., 10 a.m., 6 p.m., and 11 p.m., and Sunday at 3 a.m.

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

To contact the author of this story:
Barry L Ritholtz at britholtz3@bloomberg.net

To contact the editor responsible for this story:
James Greiff at jgreiff@bloomberg.net