South Brooklyn Marine Terminal heavy-lift wharf reconstruction for Empire Wind 1 staging.
Budget
$861M
Spent to date
$240M
Remaining
$621M
Budget used
28%
4 phases
| # | Phase | Timeline | Status |
|---|
| Budget / spent |
|---|
| 1 | Design | Jan 1, 2023 – Jun 30, 2024 | Complete | $129M / $129M100% |
| 2 | Procurement | Jan 1, 2024 – Jun 30, 2025 | Complete | $86.1M / $86.1M100% |
| 3 | Construction | Jan 1, 2025 – Jun 30, 2026 | In progress | $24.8M / $560M4% |
| 4 | Closeout | Jan 1, 2026 – Jun 30, 2027 | Pending | $0 / $86.1M0% |
5 inspection deficiencies bundled · $52.7M backlog
| Severity | Deficiency | System | Status | Est. cost |
|---|---|---|---|---|
| Critical | Pile caps repair required — marine inspection Waterfront Structure | Marine Substructure | In Capital Project | $28,229,433 |
| Critical | Underwater utilities repair required — marine inspection Waterfront Structure | Services | In Capital Project | $11,407,515 |
| Critical | Piles repair required — marine inspection Waterfront Structure | Marine Substructure | In Capital Project | $8,892,047 |
| Critical | Marine substructure repair required — marine inspection Cruise Terminal Pier 92 | Marine Substructure | In Capital Project | $3,528,177 |
| High | Marine substructure repair required — marine inspection Waterfront Structure | Marine Substructure | In Capital Project | $593,774 |
How the project's programmed budget is distributed across phases.
The primary asset plus every asset carrying a bundled deficiency.