Three finalists have been selected from among the seven original proposals for a combined hotel and residential complex to be built on land lying between Pier 1 in Brooklyn Bridge Park and Furman Street, which will generate payments in lieu of taxes to help fund maintenance and operation of the Park. One of the finalists is the Dermot Company proposal (image above), designed by FXFOWLE, which would incorporate a Hyatt hotel and a space dedicated as a permanent home for St. Ann’s Warehouse theater. Other finalists are Starwood Capital Group and Toll Brothers; images of their proposals can be seen on Curbed NY. The Dermot proposal is currently the favorite in Curbed’s reader poll. Announcement of the winner is expected this spring.
Field for Pier 1 Hotel and Residential Structure Narrowed to Three
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