City signs 15-year lease for Brooklyn terminal.New York City Economic Development Corporation Overview New York City Economic Development Corporation (NYCEDC) is a non-profit local development corporation that promotes economic growth across New York City's five boroughs. (EDC EDC See: Export Development Corp. ) president Robert C. Lieber announced that a lease with the Axis Group has been finalized paving the way for the development of a maritimedependant auto processing and general cargo Cargo that is susceptible for loading in general, nonspecialized stowage areas or standard shipping containers; e.g., boxes, barrels, bales, crates, packages, bundles, and pallets. facility at the South Brooklyn South Brooklyn is a hybrid neighborhood in the New York City borough of Brooklyn, encompassing areas of Carroll Gardens, Cobble Hill, Red Hook, Gowanus, Park Slope, and Boerum Hill. Thus it forms the western half of the territory of Brooklyn Community Board 6. Marine Terminal (SBMT SBMT South Brooklyn Marine Terminal (New York City, NY) ) in Sunset Park. The 15-year lease includes a five-year renewal option and will bring the City $32 million in revenue. The facility will create 120 construction jobs, 167 full-times jobs and 130 part-time jobs, including auto-processors, longshoremen, warehouse personnel, transportation workers, and managerial staff. Axis has a stated goal of hiring 100% of its workers from the Sunset Park and Red Hook communities. "Revitalizing South Brooklyn's working waterfront and creating additional maritime jobs is a key component of the Administration's economic development agenda, and the reactivation reactivation to become active after a period of quiescence or, as in bacterial and viral infections, latency. cross reactivation of the South Brooklyn Marine Terminal is an incredibly important part of that effort," said EDC president Lieber. "With Axis' program for local hiring, the expected reduction in truck traffic and the company's financial commitment to help maintain what will become Bust Terminal Park, the new facility will be a true economic asset for the residents of Sunset Park and Red Hook." Axis will use SBMT primarily as a port of entry for finished automobiles and a processing facility for vehicles intended for wholesale distribution in the U.S. and abroad. |
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