An island-style “floating park” planned for the Hudson has been sunk.
Billionaire Barry Diller backed out of the Pier 55 project on Manhattan’s West Side on Wednesday after a series of lawsuits torpedoed the futuristic green space, The New York Times reported.
Construction on the park, dubbed “Diller Island” due to its $200 million price tag, was halted several times by suits the City Club of New York, a civic group, filed.
Diller told The Times “the huge escalating costs and the fact it would have been a continuing controversy over the next three years” forced him decide to pull out of the project.
Opponents claimed the process leading to the park, off W. 13th St., was shrouded in secrecy and did not go through proper environmental reviews.
