About the Central Park Conservancy - Goals and Park Improvements

An accomplished real estate executive based in New York City, Michael Mikelic serves as managing principal of King Penguin Opportunity Fund II and King Penguin Opportunity Fund III. Outside of his day-to-day work, Michael Mikelic supports many groups that work to make New York City a better place, such as the Central Park Conservancy.

For more than four decades, the Central Park Conservancy has functioned as the primary governance board that makes all of the key decisions that impact the management and maintenance of the park. The group is made up of individuals who represent both public and private interests, as well as advocacy and recreational groups. 

The conservancy has two main goals: 1) to continue the maintenance and influence of Central Park as a fundamental part of New York City recreational culture, and 2) to serve as a resource for other groups worldwide who are working toward the same goals for their own parks. Two major improvements the conservancy has added to the park over its existence are the Grand Army Plaza and the Shakespeare Garden.