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’s 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.

Continue reading after the jump.

Hope on Hudson? Durst has Idea for Beleaguered Pier 40

East, Newsletter
Tuesday, August 28, 2012
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With the beleaguered Hudson River Park languishing, Douglas Durst is weighing in on dilemmas at Pier 40 (at right).

With Hudson River Park languishing, Douglas Durst is weighing in on dilemmas at Pier 40 (at left). (Stoelker/AN)

As AN recently reported, Hudson River Park is still in the weeds, both literally and figuratively. Now Douglas Durst is pointing to a possible solution to the beleaguered Pier 40. The pier was once one of the few money making sources for the self-sustaining park, but it is now deteriorating and costing $2 million a year to maintain. Durst, chair of the park’s friends group, told The New York Post that the park should consider stacking up the existing parking to free up valuable space and in turn rent the pier as lofts to the area’s expanding tech sector. The notion could avoid a lengthy State Legislature battle and an uphill ULURP processes for the proposed hotel/residential complex.

Little House on the Pier? Residential plan considered for Pier 40..  Pier 40A new study looks at a variety of revenue-generating makeovers for Manhattan’s Pier 40, part of the Hudson River Park and home to multiple sports fields.  Commissioned by several organizations who are active users of the pier–the Pier, Park and Playground Association (P3), Greenwich Village Little League and Downtown United Soccer Club–the study concludes that a hotel/residential combo would leave the most open space while going a long way to defray what currently is a debt-filled future for the underfunded Park. But such a plan would face several hurdles, including petitioning the state legislature to change restrictions on in-park housing now part of the Hudson River Park Act. Read the all details in The Villager.

 

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