Officials toured the shipbuilding facility this week in Bayou La Batre, Alabama on the Gulf Coast and say the project is on schedule and within budget. The service has been scheduled to begin in the summer of 2017.
A website offers details about the routes and plans. Hornblower Cruises and Events was chosen to operate the service.
Mayor Bill de Blasio and the NYC Economic Development Corporation have made the new service a major part of the city's effort to address transportation issues.
The first phase connect Hallets Cove in Astoria, Queens with Roosevelt Island, Long Island City and 34th Street in Manhattan. There are also two other routes in the first phase: from Bay Ridge, Sunset Park, Red Hook and around DUMBO to Wall Street in Manhattan and a route connecting the Rockaways, Sunset Park and Wall Street.
Other phases in 2018 are planned for the Soundview section of the Bronx, Upper East Side, and possibly Staten Island.
The city will subsidize some service costs. The fare is expected to be $2.75; it has been promised to be in line with a bus/subway fare (although a free transfer has not been included, as of now).