NEW YORK (Jun. 17)
The estate of Mrs. Daniel Guggenheim near Pert Washington, L.I., has been given to the Institute of the Aeronautical Sciences for the establishment of a research center as a memorial to her husband, it was announced yesterday by Major Lester D. Gardner, executive vice-president of the institute.
The council of the institute, in accepting the property, told Mrs. Guggenheim that her gift “will render a great service to the advancement of the art and science of aeronautics.” The 162-acre estate is located on Sands Point and includes two-thirds of a mile of waterfront and a forty-room residence overlooking Long Island Sound, as well as other buildings suitable for laboratories.
The property has been named Daniel Guggenheim Park by the council of the institute. A board of trustees will supervise the institute’s program for the use of the property and will appoint a board of scientific advisers to organize aeronautical research, the announcement said.