The perfect site for a nice condo- apartment- hotel- entertainment district. Itwould pump a couple billion into the local economy.
I spent a month on the Island in 88 as part of my military ER residency while doing a 6 week rotation at Belview hospital. I remember jogging around the island an being greeted by a new spectacular view at every corner, Brooklyn Bridge, Verrazano Bridge, Statue of Libberty, the Battery and Financial district. I always felt like I had reached sanctuary the minute I reached the Gov Island Ferry terminal, and could let down my guard.
NYC does not need another "entertainment district."