NFTA Wants to Get Out of 'Outer Harbor Business'

May 17, 2012 Updated May 17, 2012 at 6:24 PM EDT

By Kyla Igoe

May 17, 2012 Updated May 17, 2012 at 6:24 PM EDT

Buffalo, NY (WKBW)- The NFTA Board of Commissioners Chairman Howard Zemsky says the NFTA wants to get out of the 'outer harbor business'. The NFTA currently owns and operates close to 400 acres of land along Buffalo's Outer Harbor. The land includes the Small Boat Harbor, Gallagher Beach, and Port Terminals A & B. In a meeting Tuesday, the NFTA Board of Commissioners went into executive session to discuss the potential of transferring the land for a dollar.

"It's just not our mission. I think everyone understands that and everyone will benefit from that, especially with these lands in other hands who's mission is to advance the waterfront," said Zemsky.

Right now, interested buyers include the Erie Canal Harbor Development Corporation and the City of Buffalo. The NFTA says it will now have conversations with Buffalo Mayor Byron Brown and the ECHDC. Zemsky says events and activities planned for this summer will proceed without disruption.

"We are eagerly looking forward to getting out of the outer harbor and waterfront development for sure," added Zemsky.

Congressman Brian Higgins, who proposed the land transfer, would like the transaction to be complete by this October. The NFTA says they'll continue to work towards that goal, but would not provide a set timetable.