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Air Pegasus entered into an agreement with NYSDOT in 1996 to operate the heliport that was set to expire in 2001. The oversight was subsequently assumed by the Hudson River Park Trust, a partnership between the state and city that was created by the Hudson River Park Act of 1998 to design, build, operate and maintain the Hudson River Park.
Hudson River Park is a waterfront park on the North River (Hudson River) that extends from 59th Street south to Battery Park in the New York City borough of Manhattan.The park, a component of the Manhattan Waterfront Greenway, stretches 4.5 miles (7.2 km) and comprises 550 acres (220 ha), [2] making it the second-largest park in Manhattan after the 843-acre (341 ha) Central Park.
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In April 2022, the rooftop park opened. [36] [10] [11] As of 2023, Pier 57 is currently owned by Hudson River Park Trust and leased to Young Woo & Associates and RXR Realty. Google is a major tenant and operator of the ground floor public spaces, the newest space in their New York City campuses. Pier 57 reopened to the public on April 1, 2023.
The New York State Constitution, Art.X, sec. 5, provides that public benefit corporations may only be created by special act of the legislature. In City of Rye v. MTA, 24 N.Y.2d 627 (1969), the court of appeals explained that "The debates of the 1938 Convention indicate that the proliferation of public authorities after 1927 was the reason for the enactment of section 5 of article X....
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The Village Community Boathouse (or VCB) is a Manhattan-based nonprofit dedicated to promoting rowing, boat building, environmental stewardship and human-powered recreational boating on the Hudson River and the New York Estuary. VCB is entirely run by volunteers and financed by donations and modest membership fees.