NYCkayaker -Millionaires move to save Pier 40

[Chalu Kim]

As long as these millionaires are kayakers, we have no problems. If they 
are power boaters, we have problems. They are dinghy sailors or yachters 
without motor. Power to them. No jet skiers.


mike wrote:
> http://www.downtownexpress.com/de_230/millionairesmove.html 
> When the Pier 40 Working Group proposed a few months ago that public funds -
> instead of monies generated by large-scale private development on Pier 40 -
> be used to maintain Hudson River Park, Henry Stern, a member of the Hudson
> River Park Trust's board of trustees, blasted the idea as "socialist." 
> The Working Group - and community members, too, for that matter - didn't
> understand the park's financial realities, Stern said at the Trust's August
> board meeting, echoing the opinion of some others on the state-city
> authority's 13-member board.
> Since socialism clearly is not the Trust's favored economic model, a new
> group is taking the opposite approach, pledging to privately raise up to $30
> million to repair and maintain Pier 40. 
> The 14-acre pier at W. Houston St. is currently the focus of intense
> community concern as the Trust's second attempt in three years to pick a
> developer for the pier comes down to the wire. 
> The new group, the Pier 40 Partnership, has a core membership of 20 parents,
> all of whom have children who attend local schools - both public and private
> - in the Village, Tribeca and Chelsea, and play in youth sports leagues at
> Pier 40. More than a few of them are wealthy, high-powered finance types and
> entrepreneurs.
> "We're not oppositional," stressed Rich Caccappolo during an interview at
> his office on W. Broadway in Soho. "We want to help. We love what H.R.P.T.
> has done up and down [the waterfront] with the park. We'd hate to see Pier
> 40 be a huge misstep."
> "Pier 40 is the reason a lot of people have told me they've stayed in the
> city - young and old, across all economic levels," added Jill Hanekamp, who
> joined Caccappolo at the interview. 
> While "not oppositional," in Caccappolo's words, he said they do want to get
> one message across to the Trust loud and clear: "That we are completely
> against the Related proposal and that we want to find a different approach
> to developing Pier 40." 
> Caccappolo is the new president of the Greenwich Village Little League, has
> been a board member of the Downtown United Soccer Club and is an active
> parent at P.S. 41. Before starting up Creative Commerce, an Internet
> investment firm, he was part of the team that built iVillage Inc., the
> world's leading online destination for women.
> Diana Taylor, the Trust's new chairperson, recently met with the group and
> told Downtown Express there were "big ifs" as to whether the group could
> raise the money. 
> Other leading members of the Pier 40 Partnership include Craig Balsam, of
> Razor and Tie, a record company on Sullivan St.; Gary Ginsberg, News
> Corporation's executive vice president of investor relations and corporate
> communications; Fred Wilson, of Union Square Ventures, a venture-capitalist
> firm specializing in technological investments; Donna Zaccaro, a video
> producer; and Roger Ehrenberg, of Monitor 110, Inc., an Internet
> media-rating service. Not all among the group are so affluent.
> "Millionaires and paupers" said Hanekamp with a laugh.
> Hanekamp is a civil-rights attorney with two children at Village Community
> School. Caccappolo helped organize the massive turnout in early May at P.S.
> 41 for the big public hearing on Pier 40, attended by more than 1,500
> people.
> Following the hearing, the Pier 40 Partnership formed and since then has
> been meeting every Tuesday morning over breakfast, usually at Le Pain
> Quotidien on W. Eighth St.
> More at link 
>
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