Durst wants to extend East River ferry service to UES

The developer is currently building a 2,400-unit resi complex in Astoria

New York /
May.May 01, 2019 09:45 AM
Douglas Durst and the NYC ferry on the East River (Credit: Curbed NY)

Douglas Durst and the NYC ferry on the East River (Credit: Curbed NY)

The Durst Organization is again lobbying to add another ferry stop to the city’s water transport service, this time linking the Upper East Side to the route.

The developer is expected to propose the plan, which would connect Astoria to the 90th Street ferry terminal in Yorkville, to Manhattan community board Wednesday before making a formal pitch to the New York City Economic Development Corporation, which oversees the ferry service, according to The City.

“It’s about 1,000 feet between the two ferry stops. The trip would take less than five minutes,” Jordan Barowitz, a Durst spokesperson told the publication.

The ferry currently runs from Wall Street to 34th Street, and stops at Long Island City, Roosevelt Island and Astoria. Durst is currently building a 2,400-unit project, Halletts Point, which is a short walk from the Astoria ferry stop. One of the project’s towers has already opened.

Since its launch in 2011, the ferry service has increased real estate prices to the neighborhoods it services, including Williamsburg, Dumbo and Long Island City.

In 2014, shortly after purchasing a $100 million stake in its Astoria development, Durst lobbied the city to add a ferry stop to the neighborhood’s waterfront. The Astoria stop was added in August 2017. [The City] — David Jeans 


Related Articles

arrow_forward_ios
M&T CFO Darren King (The Org and iStock)
Real estate lender’s bleak outlook and earnings decline perplexes analysts
Real estate lender’s bleak outlook and earnings decline perplexes analysts
Grocery store signs lease for 14,000 square feet at 725-733 Amsterdam (Wikipedia, Google Maps, iStock)
Key Food to open 14K sf shop on the UWS
Key Food to open 14K sf shop on the UWS
(Facebook/XS Ranch, iStock)
XS Ranch in Texas finally finds a buyer after emerging from bankruptcy
XS Ranch in Texas finally finds a buyer after emerging from bankruptcy
(Photo-illustration by Kevin Cifuentes)
LA industrial developers turn to office conversions
LA industrial developers turn to office conversions
Prologis CEO Hamid Moghadam and CFO Tom Olinger (Prologis, iStock)
Supply-chain crisis likely to persist well beyond 2022: Prologis
Supply-chain crisis likely to persist well beyond 2022: Prologis
Uptown ATX (Brandywine Realty Trust)
$24M metro station for $3B Texas development breaks ground
$24M metro station for $3B Texas development breaks ground
“WeCrashed,” starring Jared Leto as Adam Neumann, is set to premiere on March 18 (Wikipedia, Getty Images)
Watch: Apple drops first trailer for WeWork series starring Jared Leto
Watch: Apple drops first trailer for WeWork series starring Jared Leto
Michael Gronager, chief executive officer, Chainalysis, in front of 114 Fifth Avenue (Chainalysis, LoopNet/Illustration by Steven Dilakian for The Real Deal)
Crypto data firm doubles space at Flatiron office
Crypto data firm doubles space at Flatiron office
arrow_forward_ios

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

Loading...