Lincoln Center names real estate exec as new chair

NEW YORK – NEW YORK (AP) - Lincoln Center for the Performing Arts has named a new chair, who'll help guide its ambitious redevelopment project.

It announced Monday after its annual board meeting Katherine Farley is chair-designate.

Farley succeeds Chairman Frank Bennack Jr., who leaves next June after serving five years.

Farley has been a member of Lincoln Center's board since 2003 and a vice chair since 2005. She'll remain a director at the Tishman Speyer real estate firm and chair of the Lincoln Center Development Project.

Lincoln Center says Farley will work with Bennack and President Reynold Levy to ensure an orderly transition in redevelopment initiatives and fundraising.

The Manhattan arts complex is modernizing and expanding concert halls and public spaces on its 16-acre campus. Alice Tully Hall was the first building redone under the $1.2 billion project.