Port Authority's Brooklyn Port Facilities Should Be Reimagined
The port of New York-New Jersey is the largest container port on the East Coast. It's publicly owned by the Port Authority of New York and New Jersey, and it consistently loses money ($82 million in 2013). Two facilities within the port produced losses per acre above $180,000 in 2013 (the latest data available): Brooklyn at $205,718 and Red Hook at $184,788. Adjacent to one another, both properties could be far better used if converted to other purposes desired by the community.