Diller Island Project Comes to A Permanent Halt

Written By Laura Schier | October 04, 2017 | Published in NYC Lifestyle, Neighborhood News
Nyc%20pier

Many New Yorkers eagerly anticipated the new and extravagant Diller Island, constructed on Pier 55 less than 200 feet off the Hudson River shoreline. And many have been captivated by the legal issues and lawsuits surrounding the ambitious project over the past several months, wondering if or when it would ever be completed. It may or may not come as a shock to these NYC residents that plans for the $250 million performance center have been permanently halted.

Last week Barry Diller, chairman of IAC/InterActive Corporation, stated that he was pulling the plug on Diller Island, much to the disappointment of many New Yorkers. Diller made this decision after settlement discussions between the Hudson River Park Trust and the pier’s opponents occurred. Those who opposed the project were composed of a small civic group and were headed by New York real estate developer Douglas Durst. Durst has been funding multiple lawsuits geared towards stopping the project, and possibly for longer than many previously thought. Although his involvement became known in 2016, there has been a multitude of litigation since 2014, when plans for the pier were first disclosed to the public.

The pier, originally designed to have a futuristic look, would have had many features including an amphitheater and two areas for music and theater performances. Diller, who originally created the plan in 2011, intended it to be a beautiful park for New Yorkers to stroll around, enjoy the view of the Hudson, and engage in various recreational activities all contained in a unique setting. Unfortunately, the plan, initially expected to cost $35 million, escalated to $250 million when problems such as the delays caused by lawsuits and the changing levels of design complexity started to arise. Mr. Diller was visibly upset when announced permanently ceasing the project, according to the New York Times. He stated that because increasing problems arose and costs were rising out of control, “I decided it was no longer viable for us to proceed.”

Diller’s opponents, including members of the City Club of New York, are greatly pleased by his decision. Opponents’ lawyer Richard Emery stated his relief, saying that this decision will preserve the estuaries in the Hudson River that they have been working hard to protect. Those who supported the project, including Governor Andrew Cuomo and Mayor Bill de Blasio, were not as pleased, as this pier could have not only been one of the world’s greatest but been one of the community’s favorites as well. 

 

Elegran LLC may or may not be the exclusive listing agent of the properties being displayed on Elegran.com. All data displayed on Elegran.com is presented for informational purposes only and should be independently confirmed by all customers. All Information is compiled from both public and private sources including, but not limited to the RLS, MLS and ACRIS; each of which is assumed to be reliable. All information displayed is subject to errors and omissions regarding apartment specifications and final sale prices, and further, any unit listed may have had its listing withdrawn without notice subsequent to such information being compiled. No representation is made as to the accuracy of any description (ie: listing, close sale data, and/or building description) of any building or individual unit. All measurements and square footage are approximate and all information herein should be confirmed by customer and/or their attorney. Elegran LLC, its members, affiliates, and contributors adhere to New Your City, New York State, and United States Fair Housing Laws.