City-controlled operating entity will be responsible for implementing island’s recently released redevelopment master plan. On April 11, 2010, the City and State announced an agreement that would transfer to the City primary responsibility for operating Governors Island and for implementing the development goals of the Governors Island Park and Public Space Master Plan. The City and State have jointly operated the island since 2003, when the federal government transferred control of the island to the Governors Island Preservation and Education Corporation, a subsidiary of the Empire State Development Corporation. The newly created Governors Island Operating Entity will now oversee the development and operation of the island. The entity’s thirteenmember board will include nine mayoral appointees, and appointees of the Governor, the 64th District State Assembly Member, the 25th District State Senator, and Manhattan Community Board 1.

The 172-acre island’s northern 92 acres were designated as the Governors Island Historic District by Landmarks in 1996 and includes the 22-acre Governors Island National Monument managed by the National Park Service. The island’s remaining 80-acre southern portion, which is closed to the public, is slated for redevelopment and features parking lots, abandoned warehouses, and former military barracks. (read more…)