Senators criticize latest Pier 40 development plan

TRD New York /
Feb.February 04, 2013 12:00 PM

The most recent proposal issued last week for the cash-strapped Pier 40 in the West Village is under fire from two politicians with the power to shoot down the plan, Crain’s reported. They are State Senators Daniel Squadron and Brad Hoylman, who both voiced their reservations about developing housing on park land.

“Over time those who live there have a different relationship with the park than everyone else does,” Sen. Squadron told Crain’s.

A community advocacy group called the Pier 40 Champions released a proposal aiming to transform a parking lot at the pier into 600 units of residences, with 10.5 acres of open space, to be used for athletic and recreational purposes.

Sen. Squadron indicated that other sources of funding could be used for the crumbling pier and its park, including using tax revenues from nearby development in the neighborhood, where the park has increased property values.

Developer Douglas Durst also floated a plan in January to use some pier space for commercial uses, which received disapproval from members of the park’s trust. [Crain’s]Zachary Kussin


Related Articles

arrow_forward_ios
Pier 40 (Credit: Google Maps)

The West Village’s Pier 40 could be home to a new 700K-sf commercial development

City Council signs off on redevelopment of St. John’s Terminal

City Council signs off on redevelopment of St. John’s Terminal

Council subcommittee approves $100M Pier 40 air rights sale

Council subcommittee approves $100M Pier 40 air rights sale

Key City Council vote on Pier 40 air rights set for next week

Key City Council vote on Pier 40 air rights set for next week

Government Briefs: Hudson River tunnel project gets fast-tracked … & more

Government Briefs: Hudson River tunnel project gets fast-tracked … & more

Corey Johnson wants to block potential sale of $140M in Pier 40 air rights

Corey Johnson wants to block potential sale of $140M in Pier 40 air rights

City plans to extend the South Village Historic District

City plans to extend the South Village Historic District

City planning commission approves $100M sale of Hudson River Park air rights

City planning commission approves $100M sale of Hudson River Park air rights

arrow_forward_ios
Loading...