The Port Authority of New York State and New Jersey has confirmed that an agreement in principle has been reached between the City of New York, the State of New York, the Port Authority, and the New York City Economic Development Corporation (NYCEDC). Transform Brooklyn Marine Terminal into a modern maritime port.
The agreement will allow PANYNJ to begin a long-term expansion of the Howland Hook Marine Terminal, which the Port Authority currently operates on Staten Island.
As part of the initiative, the city will take over management of all of Brooklyn's marine terminals, including the existing Brooklyn Cruise Terminal, 122 acres (49 hectares) of Red Hook's waterfront, and the Columbia Street Waterfront District. .
By mid-June, NYCEDC will assume responsibility for the management and operations of the Brooklyn Marine Terminal, while also supporting existing tenants, including accepting a recent five-year extension of the Red Hook Container Terminal operating agreement. be.
A cold storage warehouse will also be installed on the premises.
The city has amended its lease to the Port Authority for a 225-acre (91 hectare) portion of the Howland Hook Marine Terminal on Staten Island, giving the Port Authority control over the operation and management of the site, although the city currently leases Howland Hook from the city. will be given. This brings the entire Howland Hook under the Port Authority's control and supports its ability to drive future expansion.
