Located on the Hudson River at 15th Street, Pier 57 contains300,000 sf of built space, and could soon house a mix ofrestaurant, retail, recreational, educational and culturalfacilities as well as other commercial ventures. Through the RFP,HRPT--the not-for-profit entity that is responsible for the design,construction, maintenance and operation of the 550-acre waterfrontpark--is seeking the participation of private developers interestedin redeveloping the pier consistent with the Hudson River Park Act,which allows the pier to be reused for revenue generatingcommercial facilities that enhance the park.

Since construction of the five-mile Hudson River Park began in1999, roughly $350 million in capital funds from the state and NewYork City and the federal government have been used to build 10 newpiers and about 2.5 miles of upland park area. At a media briefingin May, HRPT chair Diana Taylor, said that although "commercialactivities such as parking at Pier 40 and Chelsea Piers Sports andEntertainment Complex generate most of the funds needed to maintainand operate the park on an annual basis; in the future however weknow that those funds will not meet our entire fiscal need." Shesaid that that was the reason for issuing a new RFP for thedevelopment of Pier 57, adding that that, along with development ofPier 40 will help produce the money needed to maintain and operatea "great park well into the future."

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Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.