Billionaire donates 50 million to expand emergency department at New York City Hospital

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Cosmetics tycoon Ron Perelman is dishing out some big bucks to New York City Hospital.

The Revlon chairman is handing out 50 million dollars to expand the emergency department at the hospital.

The new 22,000 square foot building is more than triple the size of the old department which was battered by Superstorm Sandy.