NYC's Historic Ferry Terminal Gets New Life After Sandy

NJ Transit seeks operator for renovated Hoboken ferry terminal after $7.5M restoration

2025-10-27, Moovit News Team

NJ Transit Seeks Tenant for Hoboken Ferry Terminal

NJ Transit is looking for an operator to run the newly renovated Historic Lackawanna Ferry Terminal Building in Hoboken. The 8,000-square-foot building underwent a $7.5 million renovation after Superstorm Sandy severely damaged it in 2013, transit officials said Monday. The agency's seeking qualified vendors through a Request for Qualifications and Proposals process, though officials haven't announced a deadline for submissions or timeline for selecting a tenant.

Context

The terminal building has been a Hoboken waterfront landmark since its construction in 1907, serving ferry passengers traveling between New Jersey and New York City. Ferry service ended at the terminal in 1967, and the building sat largely unused for decades before Sandy's floodwaters caused extensive damage 12 years ago. "This is an exciting opportunity to bring new life to a treasured historic landmark that has been an integral part of Hoboken's waterfront for more than a century," Daniel Corbett, Interim Executive Director, said in a statement. Officials didn't specify what type of business they're seeking for the space.
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Project Details

The renovation restored the 118-year-old building's historic character while modernizing it for commercial use. Corbett said the agency's looking for "a qualified operator who shares our vision of honoring the building's rich history while creating a vibrant destination that serves the community and visitors to the area." Financial terms of the lease arrangement haven't been publicly disclosed. Officials also haven't detailed the sources of the $7.5 million renovation funding or whether community stakeholders in Hoboken were consulted about the building's future use.

Timeline

NJ Transit announced the tenant search Monday but didn't provide a specific deadline for proposals or expected timeline for selecting an operator. The agency typically releases detailed procurement requirements when it formally launches an RFQ/P process. Officials said they're encouraging interested vendors to register now for the upcoming solicitation, but an anticipated opening date for tenant operations wasn't available.
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Rider Impact

The terminal building sits adjacent to NJ Transit's active Hoboken Terminal, which serves commuter rail, light rail, and bus lines connecting northern New Jersey to New York City. Once a tenant's selected and operations begin, the restored building could provide amenities for the thousands of daily commuters passing through the transportation hub. Moovit provides real-time updates and trip planning for NJ Transit services throughout the region.