Manhattan Cruise Terminal, Brooklyn Cruise Terminal, and Sunset Park Special Purpose Project Fund Community Fund Administrators RFP

The New York City Economic Development Corporation (NYCEDC) is seeking a qualified Fund Administrator to manage three community-centered funds: the Manhattan Cruise Terminal Community Fund, the Brooklyn Cruise Terminal Community Fund, and the Sunset Park Special Purpose Project Fund. The selected Fund Administrator will be responsible for leading and managing transparent project solicitation and selection processes, overseeing Fund disbursement, and implementing robust monitoring and evaluation frameworks. The funds are designed to support projects identified by community members, including environmental stewardship, public realm improvements, and workforce development initiatives. • The MCTCF and BCTCF are financed through a $1 per passenger fee collected from cruise lines operating under exclusive berthing agreements. • The SPPF is funded through a 5% set-aside of the annual gross rent derived from subleases at the South Brooklyn Marine Terminal (SBMT). • NYCEDC anticipates approximately $1.3 million in total funds for MCTCF by the end of calendar year 2025, with disbursement amounts expected to range between $400,000 and $700,000 annually. • The administration fee for the selected organization will be sourced from a portion of the respective Funds.