crainsnewyork.com – Madelyn Wils
Many New Yorkers know about Pier55, a world-class park and performance venue planned for Hudson River Park. It was made possible through a gift from Barry Diller and Diane von Furstenberg, who will contribute at least $140 million—the largest philanthropic gift for a public park in New York City history.
Pier55 is noteworthy not only for its donors’ munificence, but
also for its prudence. So it’s unfortunate that some have recently dubbed the project “Diller Island”—or, as Crain’s put it recently, “Barry Diller on the Hudson.”