New York Container Terminal
Address:
Howland Hook
300 Western Ave
Arthur Kill, Staten Island
Category: Shipping Trade Sites/Structures
Established:
Description: Built by American Export Lines, the terminal was purchased in 1973 by the City of New York for $47.5 million. In 1985, The Port Authority of New York and New Jersey leased the terminal from the City for a period of 38 years. The Ontario Teachers' Pension Plan bought the marine container terminal in 2006 for for $2.4 billion. The Ontario Teachers' Pension Plan is one of Canada's largest institutional investors.
