Rome's Luxury Brands Paying for Historic Renovations
In latest, jeweler Bulgari will pay $2M to spruce up the 'Spanish Steps'
By Newser Editors and Wire Services
Posted Mar 20, 2014 4:37 PM CDT
In this 2012 file photo, a tourist cools off in the 17th-century Bernini fountain in front of the historic staircase in Rome.   (Andrew Medichini)

(Newser) – Rome's iconic Spanish Steps are getting a makeover. High-end jeweler Bulgari is donating $2 million to the city of Rome to restore the staircase that connects the swank Piazza di Spagna with the Trinita dei Monti church above. It's the latest Italian luxury brand to step in to spruce up Rome's historic landmarks as public funding dips. Shoemaker Tod's has put up $35 million to restore the Colosseum, while fashion house Fendi is handling the Trevi fountain. The restoration announced today involves cleaning the travertine steps and repairing those that have been chipped since the last major renovation in 1995. Bulgari, whose flagship store is just down the street, offered the funding to mark its 130th anniversary.

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Lou Bernardo
Mar 21, 2014 3:17 PM CDT
The so-called "Robber Barons" until socked with enormous income taxes used to build museums, public parks, and other public works projects. Today, the highest corporate taxes in the world are collected and poured down government rat holes while the infrastructure crumbles.
Mar 20, 2014 6:28 PM CDT
Bloomfield, Gates, Koch, etc. Time to step up.
Mar 20, 2014 5:50 PM CDT
Nice to see private industry doing things for the general good, rather than just making money.