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Bayonne authorizes exclusive negotiations with New York Waterway for Peninsula ferry terminal
Summary
Council granted staff authority to enter exclusive, conditional negotiations with New York Waterway to develop a long-term ferry terminal at the former Military Ocean Terminal; the company will fund an escrow to cover the city's professional fees during negotiations, and any definitive agreement will return to council for approval.
City staff told the council that a competitive RFP process produced multiple proposals for a redeveloper and long-term operator of a ferry terminal at the former Military Ocean Terminal on the Bayonne peninsula. Based on interviews and proposals, staff recommended New York Waterway as…
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