Adams and Hochul’s Brooklyn Marine Terminal deal is a win for NYC’s future

Mayor Adams and Gov. Hochul just locked down a huge win for the city — but the payoff will be a long time coming.

The mayor and governor reached an agreement with Port Authority, a deal that past players like Gov. Andrew Cuomo and Mayor Michael Bloomberg couldn’t swing, to at last make something of the long-fallow Brooklyn Marine Terminal.

Development should bring housing, greenspace, shops and more.

The 122-acre waterfront site is prime real estate right on the water, but squabbling among city, state and PA leaders blocked deal after deal, while sections of the port fell into disrepair.

In exchange for turning the space over to the city, Port Authority will get full control over the Howland Hook Marine Terminal on Staten Island.

The space’s revitalization should be a huge boon to Brooklyn (and spruce up Red Hook) — if the city can keep it on track.

To kick things off, the city will invest $80 million to repair three piers on the site; the state has promised another $15 million.

But the project will cost a lot more: The city has applied for more than $350 million in federal funds, and major development will surely require private investment.

Financial hurdles aside, it’s all very early stages: In late spring, a taskforce led by Rep. Dan Goldman will convene with “local elected officials, unions, waterfront stakeholders, Brooklyn businesses, workforce development, the adjacent community, and the maritime industry,” per City Hall, “to develop a shared vision” of what to do with the space.

With that many parties involved, there’s a risk of the whole process getting gummed up: Special-interest vultures circle around big-budget projects like this one, angling to bite off a share.

Enough demands, and the whole thing stalls — witness the endless delays in making something of the Bronx Armory.

Goldman and the rest of the mayor’s taskforce, including state Sen. Andrew Gounardes and City Councilwoman Alexa Aviles, will need to reject unreasonable asks and keep the project on course.

While it will be years before the city starts to see major fruits, all New Yorkers will benefit from the transformation of a dilapidated and inaccessible waterfront space into housing, parks and businesses.

Creidt savvy, forward-thinking teamwork between City Hall and Albany (a refreshing change of pace!) for the landmark agreement.

Kudos to Adams and Hochul for making it happen — and for investing and believing in New York’s future.