Perelman Performing Arts Center: A $560M Marvel at NYC's Ground Zero

The $560 million Perelman Performing Arts Center, also known as PAC NYC, has officially opened near ground zero in Lower Manhattan, 22 years after the September 11 attacks. The 138-foot-tall complex features moveable walls and can be transformed into three different venues with a total of 62 stage-and-audience configurations. The windowless structure, encased in marble panel tiles backlit by chandeliers, aims to keep the theater separate from the nearby 9/11 Memorial. The center was primarily funded by private donations, including contributions from former Mayor Mike Bloomberg and investor Ronald Perelman.