In push to attract more businesses, city taps private company to operate waterfront sites

New York /
Apr.April 09, 2013 09:00 AM

In a bid to boost usage of piers and increase business on the waterfront, the city has tapped BillyBey Marina Services LLC, an offshoot of the ferry company that operates in New York harbor, to manage seven city-owned waterfront sites in Brooklyn, Manhattan and Staten Island, the Wall Street Journal reported.

BillyBey will join with the nonprofit Metropolitan Waterfront Alliance to form DockNYC, which will handle reservations, market pier amenities and attract business to the waterfront. The Manhattan facilities include the West Harlem Piers in the Hudson River, Skyport Marina, an area in Stuyvesant Cove in the East River and Pier 36. In Brooklyn, BillyBey will take over Piers 11 and 12 at Atlantic Basin in Red Hook and Pier 4 at the Brooklyn Army Terminal. In Staten Island, the company will manage Homeport Pier.

City officials hope that bringing in a single operator will ease up the permit application process and increase the appeal of the waterfront as a business destination.

The new arrangement “will increase efficiency by streamlining administrative functions at these sites,” New York City Economic Development Corporation Executive Director Kyle Kimball told the Journal.

“BillyBey’s experience will help attract new commercial, transportation, and recreational opportunities to the waterfront, advancing the city’s strategy to reconnect New Yorkers to the waterfront while allowing the city to maximize resources along the coastline.”

BillyBey already manages berthing facilities – including the landings at World Financial Center and Pier 79 on Manhattan’s West Side — for city agencies, the company’s chief executive Paul Goodman told the Journal.

“The problem has been that the city process just takes too long for most people,” Mr. Goodman said. “You need quicker turnaround time. With the city, it could take weeks to issue a permit; that just doesn’t work for most in the marine world.” [WSJ]Hiten Samtani


Related Articles

arrow_forward_ios
Renderings of 1223 Spofford Avenue, Bronx, 153-10 88th Avenue, Queens and 1201 Spofford Avenue, Bronx (iStock, NYC Economic Development Corporation, Zara Realty)
The top 10 biggest real estate projects coming to NYC
The top 10 biggest real estate projects coming to NYC
Economic Development Corporation CEO James Patchett (Getty; iStock)
EDC’s $58M in Times Square rent mostly sunk into ferries
EDC’s $58M in Times Square rent mostly sunk into ferries
Congresswoman Nydia Velázquez, Congressman Jerry Nadler and Council Member Carlos Menchaca (Credit: Getty Images, Google Maps)
Pols pounce as city caves in on Sunset Park property
Pols pounce as city caves in on Sunset Park property
Liberty View Plaza at 850 3rd Avenue and Marvin Schein (inset) (Photo by Axel Dupeux)
City lets industrial landlord off the hook in Sunset Park
City lets industrial landlord off the hook in Sunset Park
Alexandria Ocasio-Cortez and Sunnyside Yard (Credit: Getty Images, iStock, and SunnySideYard)
Progressives opposing Queens development target AOC
Progressives opposing Queens development target AOC
Lights, camera, development: City issues RFP for film studio in Sunset Park
Lights, camera, development: City issues RFP for film studio in Sunset Park
Lights, camera, development: City issues RFP for film studio in Sunset Park
Marisa Lago and East Harlem (Photo Credit: NYC.gov and iStock)
EDC has spent half of its $700M rezoning fund money on just four neighborhoods
EDC has spent half of its $700M rezoning fund money on just four neighborhoods
Day in the life of: James Patchett
Day in the life of: James Patchett
Day in the life of: James Patchett
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...