NEW YORK (CelebrityAccess) — IAC Interactive's Barry Diller is seeking to build a new, $170 million park with a series of wooded nooks and three performance venues atop an aging pier in the Hudson River on the western shore of Manhattan, near 14th street.
According to the New York Times, the project, dubbed Pier 55, would be built with $130 million from Mr. Diller, and an additional $39.5 million, which would come from the city, the state and the Hudson River Park Trust.
The proposal has garnered the support of New York Gov. Andrew M. Cuomo and Mayor Bill de Blasio, who joined Diller and the Trust in making a form
According to a press release provided by the Hudson River Park Trust, which operates all the piers along the waterfront, the project will commence in 2016, however it still needs to win the support of key stakeholders, including the Army Corps of Engineers, and the Department of Environmental Conservation.
“I have always loved public spaces,” Diller told the New York Times. “It’s entirely my fault that this has become so ambitious. We will fail in our ambition, outsized or whatever it may be, if this doesn’t feel completely like a park and completely like a performance space.” – Staff Writers