Greenville Yards to be rebuilt for $356M

JERSEY CITY — A question concerning the use of the Greenville rail yards was answered on Sept. 17 when the Port Authority of New York and New Jersey board voted to spend $356 million to rebuild a cargo facility damaged as a result of Hurricane Sandy in late 2012.
The facility will transfer cargo containers to rail after being shipped over water from Brooklyn. The facility would border the recently upgraded Global Terminal, and would handle about 4,000 containers a year sent to Jersey City from the PA’s shipping facility in Red Hook
More than half the cost for the rebuilding, PA officials said, would come from Sandy related grants and shipping revenues. – By Al Sullivan

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