NYC Hudson River Park - Pier 25 to Pier 40 | OMOS

Chapters:
00:00 Pier 25&26
03:41 Hudson Square
07:15 Pier 40
10:16 St John's Terminal
Pier 25&26, TriBeCa:
Piers 25 and 26 in TriBeCa's Hudson River Park have been converted into ecological parks with distinct zones mimicking the natural landscape and an educational focus on the local estuarine ecosystem. The park's development and ecological projects are funded through public fundraising, contributions from organizations like the Lower Manhattan Development Corporation and Citigroup, and educational partnerships, supporting its dual role as a recreational and environmental education hub.
Hudson Square:
Hudson Square has undergone significant transformation since the 2013 urban redevelopment approval, evolving from a media and fashion hub into a neighborhood with modern residential and commercial developments by notable architects and major corporations like Disney and Google. The redevelopment, driven by Trinity Church, the area's largest landowner, has dramatically increased property values and attracted significant investments, including Disney's $650 million development rights purchase. Trinity Church, with a history dating back to British colonization and lands granted in 1705, has leveraged its significant real estate assets through this redevelopment, enhancing its financial and community impact.
Pier 40:
Pier 40, situated at the intersection of Hudson Square and West Village, has evolved from a major shipping pier to a multipurpose facility housing parking, sports fields, and a yacht dock, integral to Hudson River Park's financial sustainability. Facing structural deterioration and uncertain future redevelopment plans, Pier 40 sold $100 million worth of development rights to the nearby St John’s Terminal project in 2016 to fund urgent repairs, though this solution provides only temporary financial relief.
St John's Terminal:
The St John’s Terminal development project, initiated in 2013 by Atlas Capital, has transformed the historic terminal into a modern urban complex, integrating residential, commercial, and office spaces across three city blocks, with significant portions of the development rights purchased from nearby Pier 40. After changing hands and strategies, the project saw Google become the owner of the newly completed office spaces in 2021, with Atlas Capital still controlling one block planned for luxury residences and senior affordable housing, signaling ongoing and diverse development in the area.