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January 8, 2008

What's Going on at Pier 40?

2008_01_pier40.jpg

The fate of Pier 40, located at West Houston Street on the Hudson, was much discussed and debated last year, and 2008 seems to be a year of further reflection. At one point, there was a $625 million idea for it to become an elaborate entertainment venue with a Cirque du Soleil theater, restaurants, and more, while opposing forces wanted there simply to be more green space.

In the waning weeks of December, another group offered up a third plan from the Pier 40 Partnership (made up of local parents), one that heralds green space as well as schools and artist studios, plus a much higher price tag to fix and build out the pier - $125 million versus the Hudson River Park Trust's estimate of $30 million. The partnership also said that the way to build the Pier 40 would be, as the Downtown Express reported, create a "non-profit conservancy with access to tax-free bonds."

The Hudson River Park Trust only has the "Vegas on the Hudson" plan from developer Related and the "People's Pier" plan on their site. If you're interested in the Pier 40 Partnership plan study, you can download the PDF here. Most of the revenue would be generated by...parking!

Rendering of Pier 40 Partnership's vision of Pier 40

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Comments (6)

Nitpicking the intro to the interview in the next post.. Clue was not a hit movie. It did poorly at the box office, and only later did it become a cult film.

 

Clue is one of the most awesomest movies of all time.

"They all did it. But if you wanna know who killed Mr. Boddy: I did, in the hall with the revolver. All right, Chief, take'em away. I'm gonna go home and sleep with my wife."

 

ooof! Wrong article!

 

No wait, we can't post on the other one!

 

'I. Am Your Singing Telegram'. Boom! I didn't realise that was Jane Weidlen for a long time.

 

I hope not one cent of my tax dollars go towrds that thing.

 
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