NYC Ferry Limits Service Because New Pier Owner Won't Let It Dock

NYC Ferry Limits Service Because New Pier Owner Won't Let It Dock

4 years ago
Anonymous $RGO3jP_V_c

https://www.vice.com/en_us/article/akdw4g/nyc-ferry-limits-service-because-new-pier-owner-wont-let-it-dock

Over the weekend, the NYC Ferry announced its Greenpoint, Brooklyn stop was suddenly no longer operating thanks to a property dispute between the city and the pier’s new owner.

Earlier this month, two Australian firms—real estate developer Lendless and pension fund Aware Super—partnered to purchase 1 Java Street for $110.8 million from RedSky Capital, making the partners the new owners of a large waterfront property that includes the India Street ferry pier.