Page 7 - ARUBA TODAY
P. 7

A7
                                                                                                 U.S. NEWS Monday 24 July 2017


















            Futuristic NY pier project pits billionaire vs billionaire





                                                                      ery said.                    It  would  have  three  ven-  a  green  string  of  popular
                                                                      The plan to tear down the  ues for dance, theater and  recreational  piers  and  es-
                                                                      old, deteriorating Pier 54 on  musical performances and  planades  known  as  the
                                                                      the  Manhattan  waterfront  would  be  accessible  via  Hudson River Park.
                                                                      and replace it with a new  two walkways out over the  Opposition           emerged,
                                                                      structure,  Pier  55,  seemed  water.  The  press  dubbed  though,  partly  based  on
                                                                      like  a  fait  accompli  when  it  “Diller  Island”  after  Diller  environmental   concerns
                                                                      it  was  first  announced  in  and von Furstenberg prom-  about the pier’s impact on
                                                                      2014.                        ised to fund the project.    aquatic life, and partly root-
                                                                      The design calls for an undu-  It would be built on a stretch  ed in complaints from some
                                                                      lating  2.4-acre  (0.97-hect-  of  Hudson  River  waterfront  over the way in which the
                                                                      are)  landscape  of  trees  that has been transformed  project had been planned
                                                                      and fields rising over a clus-  over  many  years  from  a  without   broader   public
                                                                      ter of mushroom-like pillars.  long-faded port district into  input.q

            This  undated  artist  rendering  provided  by  Pier55  Inc./
            Heatherwick  Studio,  shows  the  proposed  redevelopment  of
            Pier 55 in New York City. Media mogul Barry Diller and his wife,
            fashion maven Diane von Furstenberg propose to spend about
            $200 million transforming Pier 55 on Manhattan’s West Side from
            a bunch of historic piles jutting from the water into a futuristic,
            undulating park and performance space rising over a cluster of
            white mushroom-like caissons.
                                 (Pier55 Inc./Heatherwick Studio via AP)
            By VERENA DOBNIK             Furstenberg, against Doug-
            Associated Press             las  Durst,  the  real  estate
            NEW YORK (AP) — A battle  developer  and  skyscraper
            between  two  New  York  baron.
            billionaires  has  been  hold-  Diller  helped  hatch  the
            ing up a plan to replace a  idea  for  the  park  and  has
            crumbling pier on Manhat-    promised,  with  his  wife,  to
            tan’s  Hudson  River  water-  pay for it through a family
            front  with  an  avant-garde  charitable  foundation.  He
            park on pilings rising above  told  the  AP  that  he  didn’t
            the riverbed.                plan  to  attend  the  meet-
            Now,  that  years-long  fight  ing but hoped the negotia-
            could be entering another  tions would be successful.
            round — or finally headed  “I wish them well,” he said.
            to detente.                  Durst, who has funded law-
            Proponents and opponents  suits opposing the park, de-
            of  the  $250  million  project  clined  to  be  interviewed.
            plan  to  meet  Monday  to  But  Richard  Emery,  a  law-
            try and reach a settlement  yer  for  the  project  oppo-
            that would avoid more le-    nents, confirmed the meet-
            gal action in a conflict that  ing.
            has  pitted  media  mogul  “There’s a lot of anxiety that
            Barry  Diller  and  his  wife,  Diller won’t follow through if
            fashion  maven  Diane  von  this is further delayed,” Em-
   2   3   4   5   6   7   8   9   10   11   12