In 1979, the Master Plan for Battery Park City was revitalized to one that was more financially sustainable, allowing development to occur incrementally over the course of the next couple decades. The plan included the transfer of the title for the land from the city to the Battery Park City Authority.
"Battery Park City and the Authority are not just about the buildings – it’s about the character of the community that has developed over time. Public space has had a new renaissance in New York City, but here in Battery Park City is where it started."
