Westsiders have an opportunity to provide funds for the park’s maintenance through a proposal called the Neighborhood Improvement District. This fund would be supported by those who use and appreciate the park the most – property owners along the park from Tribeca to Clinton – but we need to show the city that this park is worth our support. You can do that by clicking on the online petition now. Hudson River Park was built only after Westsiders fought for it and a new model was created that was accepted by the City and State - a self-sustaining park that would generate its own revenue for operations. Since that time, maintaining infrastructure has become far more costly than originally anticipated and existing funding generated within the Park cannot support all the Park's needs.
Since that time, maintaining infrastructure has become far more costly than originally anticipated and existing funding generated within the Park cannot support all the Park's needs.
As funding gaps increase, it will become more difficult for us to upkeep the park in a way our community deserves. The City and the State are not coming to our rescue, so just as the communities around Bryant Park, Union Square Park and Battery Park City have, we also need to come together to support our Park.
The proposed Hudson River Park Neighborhood Improvement District (NID) will provide sustainable funding for the Park by placing a small assessment on neighboring property owners - 7.5 cents per square foot for residential owners and 15 cents per square foot for commercial property owners.
Creating the NID is the best way to ensure that Hudson River Park remains the neighborhood gem it has become for so many.
Please support the Hudson River Park NID.