"On first blush, these appear to be a few headlines with ferries as a common topic. On closer examination, however, they suggest an emerging theme. NYC Ferry has grown beyond being merely a means of scenic water transit and is becoming a critical part of New York City real estate landscape. In fact, growing demand among New Yorkers for commuting by ferry is starting to help determine where residential projects end up being clustered."
"Situated in the South Williamsburg enclave of Brooklyn at 478 and 482 Kent Avenue respectively, Two & Three Williamsburg Wharf is a 3.75-acre master-planned development and resort-style destination near the East River waterfront. Appetite for residences at Two & Three Williamsburg Wharf appears tied to the development's nearness to the South Williamsburg ferry stop, which is approximately 10 minutes away on foot. It offers 334 design-forward apartments across its two towers."
NYC Ferry recorded record ridership in summer 2025, while new ferry routes and investor-backed services are expanding connections across the city. Real estate developers and lenders are factoring ferry access into project decisions, with towers and loans adjacent to ferry terminals and proposals to reintroduce stops linking boroughs. Waterfront master-planned developments, such as Two & Three Williamsburg Wharf, show buyer demand tied to walking distance to ferry stops, offering hundreds of apartments and amenities. Developers report that ferries make waterfront living both practical and desirable, increasing connectivity and shaping where residential projects are clustered.
Read at Forbes
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