Pier 40 remains without a developer

October 01, 2008 02:34PM

The last effort to find a developer for Pier 40 has failed, leaving the future uncertain for the crumbling pier just off West Houston. After rejecting a proposal from the Related Companies because of lease term differences, the Hudson River Park Trust gave two other developers 90 days to come up with a joint proposal for the 14-acre site, but the new proposal doesn’t meet the criteria established by the trust.


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