Red Hook Stevedores Get a 10-Year Lease

It’s official: The Port Authority and American Stevedoring Inc. have agreed to a $41 million, 10-year lease that will allow the stevedores to continue operating Piers 7 through 10 in Red Hook. The deal means the city’s plans to redevelop the piers with housing and restaurants is kaput. “We saved the Brooklyn port,” Congressman Jerrold L. Nadler told the Times. “This is a great day for jobs in Brooklyn and for the future of maritime commerce on this side of the river. No one can turn it into a condo anymore.”
Lease Ends Uncertainty for Red Hook Cargo Docks [NY Times]
Red Hook Dock Union Triumphs [NY Post]
Red Hook Containerport to Stay [Brownstoner]
Photo by lj lindhurst.
Feb 09, 2012 | 11:02 AM