Representative Dan Goldman has announced that a coalition of Brooklyn's elected officials have secured a $163.8M Mega Grant from the U.S. Department of Transportation for the revitalization of the Brooklyn, NY Marine Terminal in the Columbia Waterfront District / Red Hook.
The Biden/Harris Bipartisan Infrastructure Grant comes from Mayor Eric Adams, Governor Kathy Hochul, NYCEDC and the Port Authority of NY and NJ. An agreement has been made to transform the 122 acre site which runs along the Columbia Waterfront District and Red Hook, into a modern maritime port and mixed use development.
The site is currently home to the Brooklyn Cruise Terminal at Pier 10, Piers 7-12, NYC's Ferry Atlantic Basin stop and private tenants. The city is taking control of the entire Marine Terminal, previously a facility of the Port Authority of NY & NJ.
The Mega Grant for BMT's modernization was made possible by the Bipartisan Infrastructure and Jobs Act, which was led to passage by Senator Chuck Schumer.
Schumer said “After years of advocating for the revitalization of Brooklyn's waterfront, including preservation of existing freight operations and addition of new manufacturing and assemblage of wind power infrastructure, not to mention bike lanes and parks, I'm proud to deliver this Mega Grant win with my Congressional partners, Representative Dan Goldman and Senator Kirsten Gillibrand.” Schumer added “The project will boost the economy and create good paying jobs for those in adjacent communities, including Red Hook, Sunset Park and Gowanus and add upgraded and safer bike and walking lanes to boot.”
The NYC Economic Development Corporation has appointed a 28 member Brooklyn Marine Terminal task force, chaired by Representative Dan Goldman and two vice chairs, Councilmember Alexa Aviles and State Senator Andrew Gournades.
Goldman said “The task force is comprised of a wide range of experts including federal, state and local elected officials, the local community board, local resident organizations, maritime and industrial stakeholders, unions, planning and environmental justice organizations and representatives of the local business community.”
The task force will work with the chairs, contribute to the “Vision Plan” and have “Ultimate Approval Authority” over recommendations in the plan to be presented in 2025.
Go Brooklyn!
To be continued...
Should you have any questions or needs regarding any Real Estate matter please call us at 718-375-2065 or email us at info@accreg.com . We are here for you to help you in any way we can.
If you are interested in selling your property or you know someone who is planning to sell their Brooklyn or New York property, whether a single family residential property, an apartment building, a commercial property, mixed use, multi family, coop or condo, vacant land or a development opportunity, call us. You will be very happy that you did.
We always bring our clients the top market price for their property and provide exceptional personalized service from initial consultation to closing.
Sincerely yours,
Accord Real Estate Group
Your Brooklyn neighborhoods Realtors
