X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PERTH AMBOY, NJ-Recent years have seen a slew of ferry operations spring up to service commuters between New Jersey and New York, all the way from Hoboken in Hudson County, to Atlantic Highlands in extreme eastern Monmouth County. The Middlesex County city of Perth Amboy is the latest–ferry service is scheduled to begin in about a year under a new agreement, returning service to the community for the first time in nearly 40 years.

The city’s redevelopment agency has signed a lease for nine waterfront acres with Lighthouse Fast Ferry, based in land-locked West Caldwell, NJ. The site until recently belonged to International Group Petroleum, which had turned it over to the city for possible redevelopment. Service will be provided from an existing ferry slip, inactive for nearly four decades, that was recently renovated by the Waterfront Association to Effect Restoration. A city grant of $1 million sparked the effort.

According to Lighthouse Fast Ferry officials, outbound service will make stops at Wall Street and East 34th Street in Manhattan. The company also expects to initiate special event-related tours.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Awards 2020Event

These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.