Since mid-November 2008, it has been owned by the Port Authority of New York and New Jersey, which acquired it for about $16 million as a step in a process that might see a Cross-Harbor Rail Tunnel completed.The Port Authority began working with government agencies in New York and New Jersey to bring NYNJ to a state of good repair.[11] In May 2010 the Port Authority announced that it would purchase Greenville Yard and build a new barge-to-rail facility there, as well as improving the existing rail car float system.[16] The railroad north along First Avenue was refurbished and new tracks laid to support operations at the South Brooklyn Marine Terminal, including an automobile import pier and a new municipal recycling plant.[17] On October 29, 2012 Hurricane Sandy caused major damage to the Greenville facility, undermining the transfer bridge gantries and sinking one of the car floats.Built by Metal Trades, Inc., the four-track barge can carry up to 18 rail cars of 60-foot (18 m) length, with up to 2,298 long tons (2,335 tonne) of cargo.[24] In July 2017, the Port Authority announced a $35 million study to build a Cross-Harbor Rail Tunnel, suitable for freight.
The 65th Street Yard from the harbor.
A railroad car float in the Upper New York Bay, 1919. Similar barges are still used today.
1912 Pennsylvania Railroad map showing cross harbor
car float
operations. Rail and barge routes shown on the map are largely the same as those in use a century later.