Decree No. 5665/1994 authorized the transfer of approximately 291,800 square meters of reclaimed public maritime land in central Beirut to Solidere in exchange for carrying out reclamation works and infrastructure for the reconstruction of Beirut’s city center. While presented as part of the post-war reconstruction process, the decree marked a turning point in redefining the relationship between public property and private real estate development. This commentary revisits the decree today, amid discussions on extending Solidere’s mandate and following the eviction of displaced families from the BIEL waterfront. This analysis raises broader questions about the privatization of Beirut’s waterfront, the management of public space, and who ultimately has the right to the city.