Pier A

A NYCRC-managed entity provided a $16.5 million loan to help fund the redevelopment of historic Pier A in Lower Manhattan.

Pier A is a New York City Landmark and the closest site in Manhattan to the Statue of Liberty. The loan helped transform the government-owned, three-story Pier A building and the surrounding plaza into a public and private venue featuring restaurants, event and entertainment spaces, and outdoor seating. The building is owned by the Hugh L. Carey Battery Park City Authority, a New York State public benefit corporation whose mission is to plan, create, coordinate, and sustain a balanced community of commercial, residential, retail, and park space within its designated 92-acre site on the Lower West Side of Manhattan.

In 1975, Pier A was placed on the United States National Registry of Historic Places and was designated a New York City Landmark in 1977. The Pier A building sat vacant since 1993 and fell into a state of disrepair. The project furthered Battery Park City Authority’s goal of rehabilitating the Pier A building and surrounding area. Enhancing access along the waterfront is critical to ensure the economic growth of Lower Manhattan. 

“Pier A is the last remaining example of the piers that once lined New York City’s waterfront. It is an outstanding example of picturesque Victorian architecture and innovative engineering.”

– The New York Landmarks Conservancy