What is the latest status of the project “Brooklyn Marine Terminal Redevelopment”?

The status recorded for “Brooklyn Marine Terminal Redevelopment” is planned.

What is the budget and commercial profile for the project “Brooklyn Marine Terminal Redevelopment”?

Taiyo normalizes the budget of “Brooklyn Marine Terminal Redevelopment” to USD 3500000000.

Where can I verify the source and access all details for “Brooklyn Marine Terminal Redevelopment”?

This Taiyo project page references Crain's New York along with the original URL (https://www.crainsnewyork.com/politics-policy/cny-mamdani-pension-payments-cost-20260527/). Taiyo standardizes official data into a consistent, searchable project profile.

Brooklyn Marine Terminal Redevelopment

Sector: Government • Location: New York, United States

Source: Crain's New York

Project

Planned

New York City’s $3.5 billion plan to redevelop the 122-acre Brooklyn Marine Terminal in Red Hook would add 6,000 housing units to the waterfront and modernize the port. The project is currently without authorization for payments in lieu of taxes (PILOT) in the state budget.

Status: Prospective
Sector: Government, Commercial, Residential
Location: New York, United States of America
Updated: 22 Jul 2026
Source: Crain's New York

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Project Information

4 Q

The project “Brooklyn Marine Terminal Redevelopment” is an infrastructure initiative in the Government sector, located in New York, New York, United States. Taiyo aggregates data on it from Crain's New York.

Participants

Not available for this record.

Status

Original status	planned
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	New York City’s $3.5 billion plan to redevelop the 122-acre Brooklyn Marine Terminal in Red Hook would add 6,000 housing units to the waterfront and modernize the port. The project is currently without authorization for payments in lieu of taxes (PILOT) in the state budget.
Original sector	Real Estate
Budget

Location

Country	United States of America (USA)
State	New York
City	New York

Source

Source	Crain's New York
URL

More Details

Record type	Project
Sector	Government, Commercial, Residential
Article published date	2026-05-30

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Brooklyn Marine Terminal Redevelopment

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