$118 million for more land, carfloat rights and a new barge to rail transfer facility.
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Port Authority Board votes to buy Greenville Yards, old rail yard in JC
Say it will reduce NY-to-NJ waste transfers by truck, instead moving them by barge & rail
May 18, 2010
JERSEY CITY -- The Port Authority Board of Commissioners on Tuesday authorized the agency to move ahead with the purchase and redevelopment of Greenville Yards, a century-old rail yard in Jersey City, N.J. that they say will remove up to 360,000 trash trucks annually from trans-Hudson crossings and New Jersey highways by moving New York City’s sealed containerized solid waste and other commodities by barge and rail when appropriate facilities are completed by 2013.
Greenville Yards today forms the western terminus for New York New Jersey Rail LLC, which is owned by the Port Authority and operates the last cross-harbor car float system on the Hudson River. Under this system, freight is loaded on rail cars and the cars are moved by barge from Greenville to Brooklyn, N.Y., where they are either delivered to local customers or handed over to another railroad to reach their destination.