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'Diller Island' Battle Question: Which Billionaire Blinks First? http://ift.tt/2rHUuaH “I had a feeling they were going to rush the permit, given all the political forces behind it,” Mr. Emery said. “It will undoubtedly result in a new challenge.” The dispute has become a war of attrition between two very wealthy men: Mr. Diller and Douglas Durst, a prominent developer whose family owns more than a dozen residential and commercial towers in Manhattan. Mr. Diller, and his wife, Diane von Furstenberg, have agreed to pay the cost of building the 2.4-acre Pier 55 and have established a nonprofit to operate and maintain the structure for the next 20 years under a lease with the Hudson River Park Trust. Mr. Durst, who has served as chairman of a related fund-raising group, Friends of Hudson River Park, and has donated $1 million to it, stepped in to finance a series of lawsuits against the Pier 55 project after Riverkeeper, an environmental group that had been financing the litigation, dropped out. Mr. Durst has said that he does not like Mr. Diller’s project or what he calls the “secretive” process through which it was initially approved. But he has tried to remain in the background
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