Creating a new vision for a popular tourist destination, The Howard Hughes Corporation (HHC) in conjunction with the New York City Economic Development Corporation has reached an agreement to redevelop the South Street Seaport.

South Street Seaport at Pier 17 on the East River, above, and its proposed redevelopment. Above, NYLJ/Rick Kopstein; below, Courtesy of Howard Hughes Corporation.

Comprised of historic buildings and a pavilion shopping mall, the South Street Seaport is located at Pier 17 on the East River. The redevelopment project will involve a partial reconstruction of about 250,000 square feet with an entirely new design, making the most of harbor views and outdoor space, along with retail components and entertainment events.