New York City's Central Park is a public park owned by the City of New York, but it is managed through a unique public-private partnership. Since 1980, the Central Park Conservancy, a non-profit organization, has been responsible for the day-to-day maintenance, restoration, and operation of the park under a contract with the NYC Department of Parks and Recreation. In 2026, the Conservancy provides approximately 75% of the park's annual operating budget through private donations, while the city remains the ultimate legal owner. This model is considered a high-value blueprint for urban park management globally, ensuring that the 843-acre masterpiece remains clean, safe, and free for the millions of residents and tourists who visit annually. While the park is "public" and accessible to everyone, certain areas like the Wollman Rink or the Central Park Zoo are operated by private concessionaires and require a separate fee, but the vast majority of the park's lawns, bridges, and paths remain the "people's backyard."