Pier 55, the elaborate $250 million performing arts center on an undulating pier in the Hudson River, is back from the dead. Forty-three days ago, Barry Diller, the entertainment mogul behind the plan, pulled the plug on the project [...] Now, in an agreement brokered by Gov. Andrew M. Cuomo, Mr. Diller agreed to revive the project, known as “Diller Island,” and opponents who had filed a series of lawsuits to stop the plan agreed to drop their legal battle.
In never-ending-money-and-politics-tale news: "Diller Island," the controversial Pier 55 park structure floating in New York's Hudson River, isn't so dead after all after reports of a Governor Cuomo-brokered agreement between billionaire financier Barry Diller and opponents surfaced yesterday.
"In return, Mr. Cuomo, a Democrat, has promised to complete the 4.5-mile-long Hudson River Park," the New York Times writes, "which stretches along the waterfront from Battery Park City to 59th Street and includes Pier 55 at the foot of 14th Street — and to protect the marine estuary from development."
We're holding our breath.