The Real Deal New York

In worse shape than once thought, Pier A development slows

January 05, 2012 08:30AM

The redevelopment of Pier A in Battery Park City has hit a major hurdle, as Battery Park City Authority officials realized the landmarked structure is in worse condition than initially suspected. According to DNAinfo, that could increase the time and cost necessary to transform the rotting pier into an oyster bar and catering hall.

Officials said the 126-year-old structure on the pier is beset with rot, water damage and general deterioration that is slowing construction.

The authority is working to preserve the building while adding modern mechanical systems so that the Dermot Company and restauretuers Harry and Peter Poulakakos can bring their food destination to the site.

But with all the care being taken to maintain the structure, Battery Park City officials say construction to solidify the pier won’t be complete until late 2012, thereby pushing back the opening of the oyster bar and catering hall to late 2013, at the earliest. Further, the cost of the redevelopment to taxpayers has ballooned to $36 million from $30 million. [DNAinfo]

  • pacha

    Harry & Peter are the best resturant owners and operators in NYC! I’m sure they leap over this hurdle! All the best in 2012!