Press

Consider these news snippets.

NYC Ferry breaks ridership records in summer of 2025. Tishman Speyer secures $331 million loan for tower on Jersey City’s Gold Coast, next to the Paulus Hook Ferry Terminal. Steve Cohen backs ferry routes from Manhattan to City Field and LaGuardia. New York City considers reintroducing Brooklyn stop 60 years after discontinuation of Staten Island-to-Brooklyn ferry.

On first blush, these appear to be a few headlines with ferries as a common topic. On closer examination, however, they suggest an emerging theme. NYC Ferry has grown beyond being merely a means of scenic water transit and is becoming a critical part of New York City real estate landscape. In fact, growing demand among New Yorkers for commuting by ferry is starting to help determine where residential projects end up being clustered.

“As developers, we pay close attention to how renter demand is shifting, and it is clear New Yorkers are increasingly seeking a better lifestyle,” says Danielle Naftali, executive vice president of marketing, sales and design for Naftali Group, developers of Two & Three Williamsburg Wharf. “The ferry is accelerating this trend by making the waterfront both practical and desirable, giving residents a more connected way to live.”