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Last month, Seth Pinsky, Executive Vice President at RXR Realty, shared a presentation regarding the development of the long-planned rehabilitation and conversion of Pier 57 aka “SuperPier.” According to him, the 450,000-square-foot development will invest $350 million of private capital to redevelop the structure, and in return create hundreds of jobs, generate millions of dollars of revenue for the Hudson River Park Trust, and create a new destination for New Yorkers and visitors alike. — 6sqft.com
