Hudson River Park Trust rejects Related Companies’ proposed “Vegas-on-the-Hudson” plan
Yesterday the Hudson River Park Trust voted to REJECT the Related Companies’ proposed mega-entertainment complex for Pier 40, known by many as “Vegas-on-the-Hudson.” This is a tremendous victory for the community, and especially for the Pier 40 Partnership (P40P), which spearheaded the effort to defeat this plan and present a more community-friendly alternative. The Trust has given P40P 90 days to work with another applicant to come up with a viable proposal to submit. While there is still much work to be done to make this a reality, which will require close cooperation between the community, elected officials, developers, the partnership, and the Trust, the rejection of the Related Companies’ plan is extremely welcome news. GVSHP is proud to have been part of a community-wide coalition which fought hard to ensure that development of the type and scale proposed by Related never found a home on Pier 40.
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