york waterway hudson river east river new york bay transit type passenger ferry excursions sightseeing owner arthur imperatore operator ny waterway began operation december 3 1986 no . of lines 23 no . of vessels 34 no . of terminals 21 daily ridership approx . 30 000 1 website http www.nywaterway.com weehawken headquarters and terminal ny waterway or new york waterway is a private transportation company running ferry and bus service in the port of new york and new jersey and in the hudson valley . while operations and much marketing come under the ny waterway logo the company works with other private companies and in public private partnership with agencies such as the port authority of new york and new jersey new jersey transit new york city department of transportation and metropolitan transportation authority to provide service and maintain docking facilities . 2 ny waterway uses ferry slips at four terminals in manhattan as well as terminals and slips in jersey city hoboken weehawken and edgewater all located along the hudson river waterfront walkway and at landings on the east river in brooklyn and long island city . commuter peak service is also provided on the haverstraw ossining ferry newburgh beacon ferry and to the raritan bayshore . excursions and sightseeing trips 3 include those to yankee stadium 4 gateway national recreation area and governors island . contents 1 history 1.1 founding 1.2 expansion and near bankruptcy 1.3 rescue operations 2 ny waterway nj transit partnerships 3 terminals and routes 3.1 west midtown ferry terminal 3.2 battery park city ferry terminal at the world financial center 3.3 pier 11 at wall street 3.4 east river route 3.5 raritan bayshore route 3.6 upstream hudson routes 3.7 bus routes in manhattan 4 see also 5 references 6 external links history edit founding edit in 1981 arthur edward imperatore sr. a trucking magnate purchased a 2.5 miles 4.0 km length of the weehawken new jersey waterfront where the company is based 5 from the bankrupt penn central for 7.5 million with the plan to redevelop the brownfield site as had others along the west bank of the hudson river waterfront and to restore ferry service to it . in 1986 he established new york waterway 1 with a route across the river between weehawken port imperial and pier 78 on the west side of midtown manhattan . three years later it began operation between hoboken terminal and battery park city . 6 7 during the course of the next decade numerous routes across the hudson were added . 8 in february 2011 it was contracted to operate a route calling at slips in brooklyn and queens as well as the east river terminals . 9 subsidized by the city of new york the service was originally intended for commuters but after a few months became popular with weekend users and tourists . 10 expansion and near bankruptcy edit the september 11 2001 attacks on the world trade center destroyed the path terminal located there greatly reducing cross hudson river passenger capacity . the company was well positioned to take advantage of government investment in ferry service receiving subsidies and generous agreements to docking at public facilities . 11 12 ny waterway service quickly expanded by adding new routes and increasing the frequency of crossings . it borrowed heavily to fund the acquisition of additional vessels . after path service was restored ridership significantly declined the loss of passengers bringing the company unable to reduce its fixed costs to brink of bankruptcy . by december 2004 there was deep concern that there would be a total shutdown of ferry service disrupting the commutes of 30 000 daily riders . 13 the port authority as well as city and state agencies had already contracted the construction of new ferry terminals to be leased to private operators . the shutdown was averted when the new billybey ferry company llc which had never before operated ferry services founded by manhattan lawyer william b. wachtel agreed to take over almost half of ny waterway s equipment and routes . other ferry and sightseeing boat operators were displeased that the port authority approved the transfer without a transparent bidding process . 14 in 2009 the fleet included 33 boats 15 of which are operated by the company for its associate billybey ferry . 15 coming to the aid of downed flight 1549 rescue operations edit ny waterway has played a role in a number of rescue and emergency operations . 16 in the immediate after effects of september 11 2001 attacks the company was instrumental in the evacuation of passengers who otherwise would have been stranded 17 in manhattan due to the chaos created in the mass transit system . the ferry service also brought people across the river during northeast blackout of 2003 when service on new jersey transit and port authority trans hudson trains could not operate . during the 2005 new york city transit strike it provided alternative transportation . in 2009 the company was instrumental in the rescue of passengers of us airways flight 1549 which made an emergency landing on the hudson river . 18 the firm gained media attention both for its efforts to rescue passengers from airplane and for its hiring of 20 year old brittany catanzaro as captain . thanks in a large part to the successful efforts of captains vincent lombardi and catanzaro together with their crews all aboard were rescued . on april 6 2012 a ny waterway ferry rescued the crew of the katherine g a tugboat that capsized near liberty island . 19 the ferry s captain mohamed gouda had also commanded one of the ferries that participated in the flight 1549 rescue . ny waterway nj transit partnerships edit in june 2012 new jersey transit and ny waterway began a fare sharing program for riders transferring between the hudson bergen light rail and ferries at port imperial for ten trip and monthly tickets . 20 in a program called surf and turf 21 in may 2013 ny waterway initiated afternoon bus service along the njt bus routes 158 and 159r which travel north to fort lee and 156r with continuing service to englewood cliffs . 22 23 passengers who purchase a 10 trip or a monthly joint bus ferry pass take the bus to the port authority bus terminal during mornings and travel by ferry in the evening . 24 in december 2014 it was announced that njt will buy ten buses for ny waterway s use on its manhattan bus routes . 24 in january 2016 ny waterway and njt introduced the hudson gopass allowing for unlimited use on light rail ferry and bus routes 156 158 159 . 25 nj transit has also provided funding for boat maintenance and bus purchases . 26 terminals and routes edit west midtown ferry terminal edit west midtown ferry terminal edgewater landing route transfers west midtown ferry terminal 27 west side highway at west 39th street hudson river park midtown manhattan ny waterway buses 28 29 new york city transit buses m42 and m50 to notes edgewater landing 30 edgewater fort lee peak service new jersey transit buses ny waterway buses weehawken port imperial 27 weehawken full service hudson bergen light rail new jersey transit ny waterway buses lincoln harbor 31 weehawken residents and guests only 14th street 31 hoboken via lincoln harbor off peak new jersey transit bus paulus hook ferry terminal 32 jersey city peak service path hudson bergen light rail new jersey transit bus new york waterway shuttle belford harbor 33 raritan bayshore monmouth county limited peak service via the narrows & upper bay battery park city ferry terminal at the world financial center edit battery park city ferry terminal at left is moored in the hudson river just north of world financial center north cove ferries at paulus hook ferry terminal exchange place route transfers battery park city ferry terminal 34 35 36 37 38 at world financial center 39 hudson river park at vesey street battery park city manhattan liberty water taxi seastreak 40 to notes weehawken port imperial 41 weehawken full service hudson bergen light rail new jersey transit bus ny waterway buses 14th street 42 hoboken peak service new jersey transit bus hoboken terminal 43 hoboken full service port authority trans hudson hudson bergen light rail njt & mta rail hudson place bus terminal paulus hook ferry terminal 44 exchange place paulus hook jersey city peak service path hudson bergen light rail new jersey transit bus new york waterway shuttle liberty harbor 45 marin boulevard paulus hook jersey city full service hudson bergen light rail belford harbor 46 raritan bayshore monmouth county peak service via the narrows & upper bay pier 11 at wall street edit at pier 11 on east river route transfers pier 11 at wall street 47 40 42 13 n 74 00 24 w 40.703611 n 74.006661 w 40.703611 ; 74.006661 south street at gouverneur lane seastreak new york beach ferry to notes weehawken port imperial 48 weehawken hudson bergen light rail new jersey transit ny waterway buses hoboken terminal 31 hoboken new jersey transit bus hudson bergen light rail njt & mta rail paulus hook ferry terminal 32 jersey city rush hour service path exchange place hudson bergen light rail new jersey transit bus ny waterway shuttle port liberte 49 jersey city am peak & aft eve service new jersey transit bus belford harbor 33 raritan bayshore monmouth county peak service via the narrows & upper bay east river route edit service operates in both directions with year round service running every 20 minutes on weekdays . peak service runs every 20 minutes off peak service runs every 30 minutes during the summer april oct and hourly during the winter . 50 51 the east river route is expected to be merged into the citywide ferry service starting in 2017 after which it will be operated by hornblower cruises . 52 east river logo most vessels used by ny waterway are bow loading route transfers east 34th street ferry landing fdr drive 34th street manhattan seastreak ny waterway bus 53 hunters point long island city queens long island city lirr station greenpoint india street brooklyn north williamsburg north sixth street brooklyn south williamsburg schaefer landing brooklyn fulton ferry landing fulton street brooklyn new york water taxi pier 11 at wall street south street manhattan new york waterway seastreak new york beach ferry raritan bayshore route edit crossing the upper bay route notes belford harbor 54 raritan bayshore middletown monmuth county limited peak service via the narrows & upper bay calling at wall street battery park city ferry terminal & paulus hook ferry terminal west midtown ferry terminal 55 upstream hudson routes edit ferry approaching beacon ferry slip route transfer haverstraw ossining ferry peak service metro north railroad hudson line bee line bus system newburgh beacon ferry peak service metro north railroad hudson line dutchess county loop bus routes in manhattan edit ny waterway operates connecting bus service for ferry passengers on different routes in manhattan . see also edit circle line downtown circle line sightseeing ellis island and liberty island ferries governors island ferry liberty water taxi new york water taxi seastreak staten island ferry list of ferries across the hudson river to new york city list of ferries across the east river references edit a b carroll timothy j. october 11 2009 . 20 years crossing the hudson . jersey city reporter . hoboken hudson reporter . pp. 7 & 16 . retrieved 2010 01 09 . dunlap david w. april 7 2002 . launching a flotilla of ferry terminals . the new york times . retrieved 2011 02 20 . your key to the city . retrieved 25 april 2016 . maurer mark october 6 2010 . ny waterway s yankee clipper offers sailgate cruises to all yankees post season home games . the jersey journal . retrieved 2010 10 06 . nancy