New York City will spend $300 million to expand its fleet of ferries and double passenger capacity, after ridership exceeded expectations in NYC Ferry’s inaugural year. James Patchett, the chief executive of New York City Economic Development Corp., which oversees the service, said the city expects to order more than 10 new boats, most with a capacity of 350 passengers. That would bring the fleet capacity to 6,000 people, up from 3,000 today.

Source: Wall Street Journal May 03, 2018 22:41 UTC