Hudson River Park is heading into the red. Parking revenues collected at Pier 40 make up nearly half of the park's $15 million yearly operating budget, but park officials keep having to cut the number of available parking spaces as the pier falls apart. Complicating matters, the park will grow by 25 percent next year as new sections open. The park was increased under the assumption of further development that hasn't exactly materialized. [NYP; previously]
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