The Real Deal New York

City to fund $10 million maritime center on Pier 26

Port Authority to contribute $5 million, state an additional $4.75 million

April 18, 2014 04:45PM

Pier 26 has hosted some of New York City's concerts

Pier 26 has hosted some of New York City’s concerts

The city has secured $10 million in state funds from a trio of agencies to build a stalled maritime education and research center on the Hudson River in Lower Manhattan.

The state-of-the-art so-called “estuarium” will sit on Pier 26, just south of the Holland Tunnel in Tribeca, between Hubert and North Moore streets.

The Port Authority of New York and New Jersey will reportedly contribute $5 million and the state’s Department of Environmental Conservation will shell out an additional $4.75 million to build the 10,000- to 12,000-square-foot facility. Additionally, the Department of State has agreed to match $335,000 in design and planning funds, the article said.

The state will soon issue a request for expressions of interest for a group to build and run the center. The project has been in the works since 2007.

The Hudson River Park Trust is also interested in the pier and is planning a 200-seat restaurant, slated to open in 2015, that will join the newly constructed boathouse, according to DNAinfo. [DNAinfo] Angela Hunt

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