Formerly employed as an executive with banking firms like Goldman Sachs and JPMorgan Chase, Eric Fornell today maintains a position as the vice chairman of investment banking for Wells Fargo Securities in New York City. Outside of his professional life, Eric Fornell serves as a board member of the North Shore Land Alliance on Long Island.
The North Shore Land Alliance is a nonprofit that focuses on the protection and preservation of the environment and historical sites on Long Island. In June of 2016, the organization received a donation of $4 million in order to purchase 28 acres of woodland that formerly existed as part of a private estate in Matinecock. The land will now be developed for public enjoyment, with existing fox-hunting trails to be cleared and redeveloped for outdoor activities like hiking and birding.
Because the North Shore Land Alliance made the purchase, the area will be able to continue to function as a place for rainwater to soak through the ground and replenish an aquifer that provides water to many residents of Long Island. Without the purchase of the 28 acres, the land may have been redeveloped for real estate, possibly leading to constructions like homes and driveways preventing rainwater from reaching the groundwater supply.
The North Shore Land Alliance is a nonprofit that focuses on the protection and preservation of the environment and historical sites on Long Island. In June of 2016, the organization received a donation of $4 million in order to purchase 28 acres of woodland that formerly existed as part of a private estate in Matinecock. The land will now be developed for public enjoyment, with existing fox-hunting trails to be cleared and redeveloped for outdoor activities like hiking and birding.
Because the North Shore Land Alliance made the purchase, the area will be able to continue to function as a place for rainwater to soak through the ground and replenish an aquifer that provides water to many residents of Long Island. Without the purchase of the 28 acres, the land may have been redeveloped for real estate, possibly leading to constructions like homes and driveways preventing rainwater from reaching the groundwater supply.