American Stevedoring head says he's negotiating to extend Brooklyn lease

American Stevedoring head says he's negotiating to extend Brooklyn lease

Sal Catucci, chief executive of American Stevedoring, said he will begin negotiating with the Port of New York and New Jersey in a week on the renewal of the company's lease on the Brooklyn waterfront.

American Stevedoring operates the Red Hook Container Terminal, which handles bulk, breakbulk and container cargo. The lease will be for 15 years, with an option for 15 more, Catucci said.

The port authority issued a request for expressions of interest to lease land at the Red Hook Container Terminal on Aug. 29th. American Stevedoring's lease expires in April. The port authority, along with the City of New York, is funding a study for uses of Piers 6-12 in Brooklyn, which includes the Red Hook property.

The port authority disputes Catucci's claim. Steve Coleman, a spokesman for the agency, said no decisions on land use would be made until the study is concluded.

"The study will give us recommendations for the highest and best use of Piers 6 to 12," Coleman said. "Until the report gives us recommendations, it would be premature for us to enter into discussions with anybody."