a June RFP, will review the proposals over the next few months.

As reported by GlobeSt.com, proposals came in last month from the Related Cos., Young Woo & Associates and a joint venture of the Durst Organization and C&K Properties. The HRPT hopes that development of the historic pier, on the Hudson River at 15th Street, will generate revenue to maintain the 550-acre Hudson River Park now under construction.

According to a summary of the plans, Related's proposal envisions an environment of "diverse and accessible uses that neighborhood residents, park-goers, and New Yorkers would use on a daily basis." It would include a food marketplace along the lines of San Francisco's Ferry Terminal Market or Pike's Place Market in Seattle along with restaurants and cafes occupying a total of 84,000 square feet. There would be a 63,000-square-foot movie theater in which Sundance Films has reportedly indicated an interest. The plan would also include 75,000 square feet of events space, including a central ballroom of 20,000 square feet.

In YWA's proposal, P57, would similarly include a large-scale public market and a movie theater, the latter intended as a permanent home for the Tribeca Film Festival. Additionally, Phillips de Pury & Co., an art auction house headquartered in Chelsea, would establish the Contemporary Culture Center at P57 and would occupy approximately 100,000 square feet. It would include open galleries, fine art auctions, musical performances and ancillary space.