Columbia University Medical Center Receives $20 Million for New Building

Columbia University Medical Center has announced a $20 million gift from board member Philip Milstein and his wife, Cheryl.

Awarded through the Milsteins' family foundation, the gift will support construction of CUMC's new medical and graduate education building, part of a campus-wide revitalization project that will create, among other things, green spaces for the benefit of the local community. Scheduled to be completed by 2016, the new building was designed to foster collaborative, team-based learning and will feature innovative classroom and study spaces that incorporate state-of-the-art information technology.

Milstein, former president of Emigrant Savings Bank, was named a trustee of CUMC-affiliated NewYork-Presbyterian Hospital in 2012, following in the footsteps of his father, Seymour Milstein, who chaired the hospital's board from 1989 to 1996. The family's support of Columbia University can be traced back to Milstein's maternal grandfather, Joshua M. Leiner, who was a neurologist and the first practicing psychiatrist in Bronx County. Philip Milstein's parents began their association with CUMC in the 1950s.

"The Milstein family's contributions to [Columbia University] encompass everything from the Philip L. Milstein Family Library to financial aid [to] athletics," said CUMC president Lee C. Bollinger. "But nowhere has this generosity been more powerfully felt than at Columbia University Medical Center. This latest gift extends the family's ongoing commitment to ensuring world class medical training and the highest quality health care that saves lives and finds new cures."

"Philip & Cheryl Milstein Donate $20M for Medical and Graduate Education Bldg." Columbia University Medical Center Press Release 03/18/2013.