Brooklyn Marine Terminal in Brooklyn and Howland Hook Marine Terminal in Staten Island are about to undergo a deep restoration. New York City Mayor Eric Adams, New York State Governor Kathy Hochul, NYC Economic Development Corporation (NYCEDC) have just signed an agreement with Port Authority of New York & New Jersey to develop modern maritime ports focused on freight bound for the five boroughs, blue highway and micro-mobility strategies that reduce truck traffic. It is a “win-win-win” benefiting all the parts committed.
The project implies an initial investment of 95 million dollars to transform the 122-acre Brooklyn Waterfront into the “Harbor of the Future”–a vibrant mixed-use community hub that will fuel growth, innovation, together with thousands of new jobs. The Howland Hook Marine Terminal extends over 225 acres and will be restored for 200 million dollars in order to reach the record of 750,000 container lifts each year.
“For 20 years, skeptics thought this deal couldn’t get done, but our administration prioritized the ‘Harbor of the Future’ and now we have the potential to create thousands of new jobs, generate billions in economic impact, and build a vibrant mixed-use neighborhood and modern maritime port focused on getting trucks off the roads,” said Mayor Adams. “The potential of the Brooklyn Marine Terminal in Red Hook is limitless, and we’re excited to work with the local community, our fellow elected officials, and key stakeholders.”
“The transfer will allow the city, working in close partnership with the community and my administration, to begin the long-anticipated process of reimagining the Red Hook piers as a modern maritime facility that also serves community needs. Our partners at the Port Authority will ensure that the marine terminal at Howland Hook remains a thriving shipping hub, building upon the recent landmark announcement of $200 million in private investment to ensure that facility’s strong future,” said Governor Hochul.

The whole process will kick off later this spring. Starting with the transformation of the Brooklyn Marine Terminal, 80 million dollars of investment by Mayor Adams will cover the renovation and repair of Piers 7, 8, and 10–the first part of the project. After that the project will use up to a $15 million investment to fund a new modern, electrified container crane for operations at the terminal. A $15 million dollars of investment will go into building a cold storage facility on-site that will contribute to reducing traffic and pollution. New houses and community amenities will be developed around the site.
At the Brooklyn Army Terminal the Climate Innovation Hub will be built with an investment of $100 million. It will become a “home for clean tech innovation and manufacturing and encourage climate innovation startups,” opening nearly 400,000 new jobs by 2040.