Volume 22, Number 25 | The Newspaper of Lower Manhattan | October 30 - November 6, 2009
Ferry service expands
Gearing up for the opening of the new Goldman Sachs headquarters, Billybey/New York Waterway will expand ferry service between Jersey City and Lower Manhattan starting next week.
As of Nov. 2, ferries will run between Paulus Hook and the World Financial Center every eight minutes on weekdays, almost twice as often as usual.
Paul Goodman, C.E.O. of Billybey, said he anticipated demand for the ferries would rise once Goldman opens its new 43-story tower in Battery Park City later next month. The increased ferry service will run all day Monday through Friday, not just during rush hour, as workers often have to travel to midday meetings across the Hudson, Goodman said.
While Billybey is expanding, Goodman said ridership is down about 10 percent since last year, as the city lost jobs and commuters. But Goodman recently saw the decline level off, giving him hope that the worst is over.