Barry Diller’s Pier 55 Hudson River Floating Park A Go

The availability of land for parks in our major cities continues to be squeezed by the demand for corporate offices, housing and retail.  That equates to big bucks for local government so isn’t going to change.  What to do?  How about a park pier!

Barry Diller is funding a $130 million 2.7 acre park on the Hudson River.  The donation is the largest for a park in New York City history and provides an island complete with amphitheater for outdoor concerts.  Construction is set to begin next year and is a big part of the ongoing revitalization of the Manhattan industrial area.