Yes, the playground at the South Street Seaport continues to generate quite the buzz...there's yet another article in the New York Times.
Surprise, surprise: This was tried already in Queens, and it failed miserably, reports New York Magazine. But this time it will work, because more people care about the double-wide stroller set of Manhattan than about immigrant kids forced to play in community gardens in Astoria.
The city is seeking private donations for an endowment for the park: Imagination Playground
(Point to ponder: Why is it that in the graphics all the "workers" seem to be minorities but the kids at play are all white?)
How many parks in Queens have endowments? By the conditions most appear to be in, we're guessing that the answer is none.