As of late last month, summer construction work on the Barry Diller-funded Pier 55 was complete, with the first nine piles propping up the offshore park having been installed. It seemed as though all systems were a go at the $130 million futuristic park, but yesterday 6sqft reported that The City Club of New York, the civic group who was behind an earlier lawsuit and stop work order, may have a backer in none other than Douglas Durst.
And today the Wall Street Journal shares that opponents had their first day in front a panel of state appellate-court judges to express environmental concerns and frustrations that the initial planning between billionaire Diller and the Hudson River Park Trust was done behind closed doors. What are your thoughts on the issue?
More details on the hearing, and tell us if you’re in favor of Pier 55 moving ahead
Once again in the news is media mogul Barry Diller’s futuristic offshore cultural pier development at Pier 55 on the Hudson River. The proposed park project, known informally as Diller Park after its main backer, who is chairman of IAC/InterActiveCorp and is married to fashion designer Diane Von Furstenburg, is helmed by the Hudson River Park Trust.
The New York Times reports that the project’s main opponent, a civic group called The City Club of New York, may have an equally powerful backer. According to Diller, there is a deep-pocketed “hidden hand” funding the legal actions against the park. In a recent interview, Diller said, “The backer of all this is one Douglas Durst.”
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At the end of last month, an appellate court issued an injunction that said work must temporarily stop at Barry Diller’s Pier 55 until at least September when opponents of the futuristic offshore park (who claimed it had gone through inadequate environmental impact evaluations) could present their case again. But The Real Deal reports today that work has resumed much sooner than expected, as an appeals court lifted the stop work order yesterday.
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Last summer, a civic group known as City Club of New York slapped Barry Diller’s Pier 55 with a lawsuit, claiming he and the Hudson River Park Trust had failed to thoroughly evaluate the environmental impact of the 2.7-acre offshore park. In April of this year, the Manhattan Supreme Court dismissed the case, and later that same month news broke that construction on the $130 million project would begin this summer after gaining regulatory approval from the U.S. Army Corps of Engineers. However, DNAinfo reports that today an appellate court issued an injunction that says work must temporarily stop until at least September when the opponents present their case again.
More details ahead
Earlier this month, Barry Diller’s futuristic offshore park got closer to reality when the Manhattan Supreme Court dismissed a case against the development that claimed it could have a negative environmental impact. And now the $130 million project known as Pier 55 has cleared its final hurdle, gaining regulatory approval from the U.S. Army Corps of Engineers. According to Crain’s, the Hudson River Park Trust revealed today that construction will commence this summer.
Just in time for construction to commence in the new year, things are swiftly moving ahead at Pier 57, aka the SuperPier. Last month, 6sqft uncovered a slew of new renderings of the the 450,000-square-foot, $350 million development, which is set to include 250,000 square feet of office space for a major technology company, a 170,000-square-foot food and retail market from Anthony Bourdain, and an elevated park with an outdoor movie and performance amphitheater on the roof to be used for screenings for the Tribeca Film Festival.
Google has long been assumed as the office tenant, and according to the Wall Street Journal, it’s official, as the company has “signed a 15-year lease with development team Youngwoo & Associates LLC and RXR Realty.” Bourdain’s food hall is also expected to close soon.
More details this way
Last month at the Municipal Arts Society’s (MAS) 2015 Summit for NYC, Seth Pinsky, executive vice president at RXR Realty, shared a presentation regarding the development of the long-planned rehabilitation and conversion of Pier 57 aka “SuperPier.” In addition to some new looks at the project, he revealed that the developers have largely secured financing and are finalizing talks with the Hudson River Park Trust. RXR are co-developing the project with Young Woo & Associates, and Handel Architects and !Melk Landscape Architecture and Urban Design are the commissioned designers.
According to Pinsky, the 450,000-square-foot development will invest $350 million of private capital to redevelop the structure, and in return create hundreds of jobs, generate millions of dollars of revenue for the Hudson River Park Trust, and create a new destination for New Yorkers and visitors alike. The former NYCEDC head confirmed that the project will include 250,000 square feet of office space for a major technology company [Google], a 170,000-square-foot food and retail market [Anthony Bourdain], and an elevated park with an outdoor movie and performance amphitheater on the roof to be used for screenings for the Tribeca Film Festival. He also noted construction will begin during the first half of next year, with completion aimed for early 2018.
Lots more renderings and details ahead
In February, the futuristic Pier 55 floating park planned for the Meatpacking District moved forward with a lease deal between the Hudson River Park Trust and a nonprofit group controlled by Barry Diller, the billionaire media mogul who pledged $130 million back in November to fund the $151.8 million park. Diller is allocating the funds through the Diller-von Furstenberg Family Foundation (his wife is fashion designer Diane von Furstenberg), but under the agreement he can pull his support if he feels renovations at neighboring piers aren’t up to par. And according to DNAinfo, the city’s backup plan in this event is quite underwhelming, completely scratching the floating island and creating a $30 million park similar to others along Hudson River Park.
Last we heard about Pier55–the 2.4-acre futuristic floating park and performance space proposed by billionaire media mogul Barry Diller that would jut 186 feet into the Hudson at 13th Street–Community Board 2 had mixed feelings about the project. They liked Thomas Heatherwick’s design, but cited concern over the lack of transparency from Diller and the Hudson River Park Trust.
Despite these feelings, though, we’ve learned today from the Times that the Trust approved a lease agreement with Pier 55 Inc., a nonprofit group controlled by Diller, to help develop the $130 million public space. Diller has already pledged $113 million toward the project through the Diller-von Furstenberg Family Foundation (his wife is fashion designer Diane von Furstenberg). So, what’s next?
What’s to come for Pier 55
It’s been relatively quiet over the past six weeks or so as far as news about the proposed offshore park and performance space in the Hudson River known as Pier55. But this week, Community Board 2’s Parks and Waterfront Committee reviewed the project, and though they liked Thomas Heatherwick’s design overall, they cited their main concern as transparency.
The board’s issue stems from the fact that billionaire media mogul Barry Diller, who committed $130 million to the 2.7-acre park, and the Hudson River Park Trust had been working secretively for two years on the plans. According to Curbed, committee member Arthur Schwartz said, “Probably the main public critique of this project has been the way that so much of the design was developed in infinite detail before it even became a matter of public knowledge.”
More on the outcome of the public meeting