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Brooklyn Marine Terminal Redevelopment

Sector: Built Sector • Location: Brooklyn, New York, United States

Source: Crain's New York

Project
Planned

The city plans a $3.5 billion redevelopment of the 122-acre Brooklyn Marine Terminal in Red Hook, which would add 6,000 housing units and modernize the port. The state budget did not include authorization for payments in lieu of taxes (PILOT) for this project, which was proposed by the governor in her executive budget amendments. The project is in early stages with environmental review expected to

Status
Prospective
Sector
Built Sector
Location
Brooklyn, New York, United States of America
Updated
22 Jul 2026
Source
Crain's New York

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Project Information

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The project “Brooklyn Marine Terminal Redevelopment” is an infrastructure initiative in the Built Sector sector, located in Brooklyn, 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

The city plans a $3.5 billion redevelopment of the 122-acre Brooklyn Marine Terminal in Red Hook, which would add 6,000 housing units and modernize the port. The state budget did not include authorization for payments in lieu of taxes (PILOT) for this project, which was proposed by the governor in her executive budget amendments. The project is in early stages with environmental review expected to begin in the fall.

Original sector

Built Sector

Budget

Location

Country

United States of America (USA)

State

New York

City

Brooklyn

Source

Source

Crain's New York

URL

More Details

Record type

Project

Article published date

2026-05-31

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