As we read through the real estate news on this snowy day (at least in the north east) we came across a very interesting news item about Red Hook in Brooklyn. Governor Cuomo is considering the idea of moving the Red Hook Container Terminal from Red Hook to another spot on the Brooklyn waterfront. Keep in mind that this area is important, because of its proximity to Manhattan and ability to serves as the last transportation route for oversized items.
The Real Deal reports that it’s for real estate development with a hint of transportation, while the New York Daily News has a headline that’s focused on improving transportation to the area. We’re thinking that one hand feeds the other. No terminal without money, and no development without getting people in and out.
In all fairness, at least in terms of fair blogging, The Real Deal reported that Cuomo didn’t specifically say that the site should be used for development, but he did say that it should be put to “more productive community use.” Do we hear the buzz of eminent domain here? Hmmmm….
Interestingly, construction giant AECOM proposed what some considered a crazy idea. To develop 45 million square feet of space and 45,000 new apartments in Red Hook, including development of the terminal site. That was in 2016. Apparently, money from the development could help pay for better public transportation to and from the area. Let’s face it, who is going to move to a place with no public transportation?
The official word from the Governor’s office is that it’s too early to say, but Cuomo has called on the Port Authority to study moving the terminal to the South Brooklyn Marine Terminal in Sunset Park, an inactive location that the city has been trying to put to better use.
If the Red Hook Container Terminal (RHCT) is something of interest to you, check out the Red Hook Water Stories blog that gives lots of information about the area. Just in case you don’t have time, here’s a quick recap: The terminal is Port Authority property that runs from Atlantic Avenue to Wolcott Street in Brooklyn. According to the site, “The company RHCT LLC operates the containerport on 65 acres spread from Baltic Street to Bowne Street. This includes Piers 9A, 9B and 10, a sea of asphalt zoned for container stacks, plus several buildings (Crane Shop, Mechanics Shop, executive offices, and a long pier shed on pier 9B).”
Check this out: There’s a “Heineken boat,” which brings beer and spirits from Europe. There’s also a Round the World service (aka: RTW) that brings in produce, like bananas and mangos.
Stay tuned for more, as this area might be in the spotlight in 2018.