Goldman Sachs' Noisy Ferries Vex Battery Park Residents

Yet another reason to love the world's favorite investment bank

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    NEWSLETTERS

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    Goldman Sachs Chairman and CEO Lloyd Blankfein

     Goldman Sachs is fielding a flurry of noise complaints over frequent ferries that carry its employees across the Hudson River to its new lower Manhattan headquarters.

    Residents in the Battery Park City neighborhood have complained about noise since late last year. The NY Waterway ferries travel 16 hours a day between Goldman's office tower in Jersey City, N.J., and a floating terminal in Battery Park City.

    The New York Times says Battery Park City Authority President James Cavanaugh recently demanded an end to the "unreasonable noise" in a draft letter to the Port Authority of New York and New Jersey. The Port Authority owns the floating terminal.

    Goldman said in a statement it was aware of the complaints and was exploring options with the ferry operator.