Coast Guard, Partner Agencies Respond to NYC Ferry Grounding
Coast Guard and partner agency crews responded to a ferry aground with 27 people aboard near Rockaway Inlet, New York, Wednesday evening. The Flyer, an 80-foot New York City Ferry became stuck on a sandbar after departing from the Rockaway terminal at 5:15 p.m., en route to Wall Street’s Pier 11 at approximately 5:30 p.m. Boatcrews from Coast Guard Station New York, and Station Sandy Hook arrived on scene with New York City Fire Department (FDNY) and New York City Police Department (NYPD) marine units. Due to shallow water, Coast Guard crews were unable to safely approach the ferry. An FDNY crew evacuated 23 passengers and a crewmember safely and placed them aboard one of their rescue boats. All passengers were transferred to the Brooklyn Army Terminal in Brooklyn, New York.
18 New Ferries Needed for New NYC Ferry Service
New York City Mayor Bill de Blasio announced that the Citywide Ferry Service is on track to launch in 2017, with the selection of Hornblower, Inc. as its operator. The new service, which will include up to 20 boats and connect 21 New York City eighborhoods for the price of a single subway ride ($2.75) is scheduled to be fully operational by 2018, and is estimated to carry 4.6 million trips per year across six routes. “For the price of a single subway ride, tens-of-thousands of New Yorkers are going to have a new public transit option linking them to jobs…
Wall Street Commuters Give New Ferry a Try
Dozens of Brooklyn straphangers stranded by the 14-month-long R train shutdown to Lower Manhattan try out a new ferry service to Wall Street, but other commuters shunned the transit alternative as even more of an inconvenience, reports the New York Post. A total of more than 100 people hopped aboard five morning-rush-hour runs of the ferry, which began leaving the Brooklyn Army Terminal in Sunset Park at 6:20 a.m. and reached Pier 11 in Manhattan after the 15-minute trip. The Seastreak ferry…
NY’s New ‘Taxi Driver’
If you want to call yourself a taxi in New York, you've got things to live up to. Take tradition. A New York taxi always beat everybody to the punch. It was the first away when the light changed, weaving through otherwise orderly rows of cars and trucks, just in time to beat the next light. The ride not only was fast, it looked fast. The driver, all the while, dispensed worldly wisdom on any theme, and if you asked, could name the best oyster bar in the entire city. He spoke New Yorkese - an "R," (if pronounced at all) could be a "W" or a "V" - but it was English. Etched in his mind was the map of the five boroughs, and all their one-way streets. He was friendly, considerate, and caring - waited until you were indoors when he dropped you off, before cruising away for the next fare.
Dresser-Rand Prices IPO
Dresser-Rand Group Inc. has priced its initial public offering of 27,000,000 shares of common stock at $21.00 per share. All of the shares are being offered by Dresser-Rand Group Inc. Morgan Stanley & Co. Incorporated and Citigroup Global Markets Inc. are serving as joint book-running managers of the offering. UBS Securities LLC is co-lead manager of the offering, and Bear, Stearns & Co. Inc., Goldman, Sachs & Co., Lehman Brothers Inc., Natexis Bleichroeder Inc., Simmons & Company International and Howard Weil Incorporated are co-managers of the offering. Dresser-Rand Group Inc. has granted the underwriters an option to purchase up to an additional 4,050,000 shares at the public offering price to cover over-allotments, if any.
