Agrees to provide over $100M
Von Furstenberg and husband Barry Diller agree to provide over $100 million to build a 2.7-acre park on a West 14th Street pier through a family foundation. Work on the park, which will be named Pier55, is expected to start in 2016. Mayor Bill de Blasio:
If someone offers us a lot of resources to create something we need and with minimal investment by the city, I think that’s great.