NYC Passes $3.5B Plan to Transform Brooklyn Marine Terminal

Sept. 22, 2025, 3:54 PM UTC

NYC Mayor Eric Adams, NY Governor Kathy Hochul, U.S. Representative Dan Goldman, and NY State Senator Andrew Gounardes passed a $3.5b plan to transform Brooklyn Marine Terminal into a modern maritime port.

  • Sees to construct 60-acre all-electric port, 6,000 homes, 275,000 square feet of commercial space
  • Sees to create mixed-used community along waterfront
  • Sees to generate over $18b in economic impact

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To contact the reporter on this story:
Marisa Coulton in Toronto at mcoulton1@bloomberg.net

To contact the editors responsible for this story:
Zachary Fleming at zfleming2@bloomberg.net

Marisa Coulton

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