A few months back, the Hudson River Park Trust approached fashion designer Diane von Furstenburg and her husband Barry Diller to help finance the replacement of Pier 54, a project now named Pier 55. The plan was to have Diller and von Furstenburg’s foundation fund and maintain the project using their own $130 million, with another $39.5 million coming from the Trust, and city and state funds. Despite the fact that the funding buckled in September 2017, Pier 55 is now back on.
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| PC: Pier55, Inc./Heatherwick Studio. Renderings by Luxigon. |
Barry Diller actually found support for the park’s construction in a former rival of his, Douglas Durst, after Governor Cuomo pledged to finish the last 25% of the park and convince Douglas to drop his litigations against the construction. The park will include three performance venues, large green spaces, and an underground walkway. In an even more fascinating turn, Pier 54 will be turned into a floating facility.
Assuming he will be re-elected, Governor Cuomo would like the have the park finished by the end of his third term.
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