19-06-2017 06:00 via brooklynpaper.com

De-ported! Transit honcho re-visits plan to sell Red Hook shipping terminal

See this story at BrooklynPaper.com.By Lauren GillBrooklyn PaperThis ship could finally sail.
The head honcho of the Port Authority of New York and New Jersey supports a long-discussed plan to sell waterfront shipping port the Red Hook Container Terminal to make money for the agency, he told attendees of a real estate conference on Wednesday.
“A core recommendation … was to divest real estate assets which are not producing a flow of income to support investments in transportation in
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