BATTERY PARK CITY — The cost of the massive redevelopment of Pier A has ballooned and the project is slated to run behind schedule, as officials have discovered that the rotting landmark is in worse shape than initially believed, they revealed this week.
The overhaul of the 126-year-old landmarked building will now cost taxpayers $36 million, up from $30 million, and the pier will not reopen to the public until at least the middle of 2013, Battery Park City Authority officials said.
“There was a great deal more rot … than we had anticipated when the project started,” said Gwen Dawson, senior vice president of asset management for the authority, at a Community Board 1 meeting Tuesday night.
“There was a significant amount of water damage, rot and structural deterioration,” she said.
Crews working on Pier A are still continuing to find rot, Dawson said, which means that the work could be delayed even further.
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