Brooklyn Marine Terminal Redevelopment
Sector: Hotel • Location: Brooklyn, New York, United States
Source: The Real Deal
A $3.5 billion plan to redevelop the 122-acre Brooklyn Marine Terminal including 6,000 apartments (40% affordable), industrial space, a hotel, and open space. The project aims to modernize the port, address housing needs, and invest in public housing and off-site housing preservation. The redevelopment requires infrastructure improvements funded by a payment-in-lieu-of-taxes (PILOT) program, feder
- Status
- Prospective
- Sector
- Hotel, Manufacturing (Industrial)
- Location
- Brooklyn, New York, United States of America
- Updated
- 22 Jul 2026
- Source
- The Real Deal
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Project Information
Participants
| Not available for this record. |
Status
Original status | environmental review |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | A $3.5 billion plan to redevelop the 122-acre Brooklyn Marine Terminal including 6,000 apartments (40% affordable), industrial space, a hotel, and open space. The project aims to modernize the port, address housing needs, and invest in public housing and off-site housing preservation. The redevelopment requires infrastructure improvements funded by a payment-in-lieu-of-taxes (PILOT) program, federal funding, and private sector investment. The project is currently in environmental review but has been delayed due to the exclusion of the PILOT program from the state budget and political infighting. |
Original sector | Development |
Budget |
Location
Country | United States of America (USA) |
State | New York |
City | Brooklyn |
Source
Source | The Real Deal |
URL |
More Details
Record type | Project |
Sector | Hotel, Manufacturing (Industrial) |
Article published date | 2026-05-29 |
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