One of the most important commercial properties in Hudson River Park, Pier 40 plays an integral role in supporting the Park, currently funding approximately 40% of its annual operating budget. It is the largest commercial pier in the Park and the source of $6 million in annual operating revenue. Designed as a passenger ship terminal, today Pier 40 is home to a commercial parking garage, beloved athletic fields, and the administrative offices of the Hudson River Park Trust. Its athletic fields are a community asset and host hundreds of thousands of individuals of all ages each year. With a footprint of 15 acres, it is the largest pier structure on the Hudson River.