Congressman Jerrold Nadler announced that the Port Authority of New York and has approved a comprehensive lease renewal deal for American Stevedoring International (ASI) to continue operations at the Red Hook Container Port for the next 10 years. The approval occurred at today's Port Authority annual meeting.
Rep. Nadler applauded the efforts of the Port Authority, the Governor David Paterson, and others for delivering this important deal for and the region, ending more than four years of debate about the port’s future.
ASI's previous lease expired in April 2007, and it was proposed years before that the port be rezoned from its historic role as a working waterfront. With the key assistance of the City Council and other elected officials, however, the Port Authority and the Office of the Governor worked to preserve maritime operations at the port, maintaining hundreds of jobs and a major economic and strategic asset for the City.