On Sunday, April 11th, New York City and State announced a deal granting the City of New York jurisdictional control of Governors Island, paving the way for an infusion of City cash and easing development and planning of the park and historic buildings. Under the new governance agreement, the city will bear the estimated $400-plus million in capital costs and take over Island operations. The move positions the Island to be one the Mayor's legacy projects.
The announcement preceded a series of other good news for Governors Island, including the park master plan release and news that ferry service to the Island was being considered as part of a package with Ellis and Liberty Islands.
RPA's Governors Island Alliance applauded the move for City takeover. Read the full statement.
Read about the City-State agreement in more detail in the NY Times or in the City's press release.
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