New Bill to Allow Developments to Rise along Manhattan’s Hudson River Park

City Terrain, East
Monday, November 18, 2013
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Pier 40 at Hudson River Park (Courtesy of Martin Wippel/Flickr)

Pier 40 at Hudson River Park (Courtesy of Martin Wippel/Flickr)

Buildings will soon rise to new heights alongManhattan’sĀ Hudson River Park. Governor Cuomo just signed legislation to allow the cash-strapped park to sell 1.6 million square feet in air rights to developers. The bill will enable developers to build new projects one block from the five-mile waterfront park, which can now include commercial tenants, schools, performing art organizations and venues, and TV film and media studios.

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