New York Water Taxi is acquiring Circle Line Harbor Cruise, which specializes in New York Harbor tours (website; it is often confused with the other Circle Line with the round-Manhattan tours). According to Crain's NY, Circle Line Downtown "suffered a major blow last year when it lost the government contract—representing 75% of its revenues—to ferry passengers to the Statue of Liberty and Ellis Island." Whereas New York Water Taxi, which has commuter boats, tours, and service to the Red Hook Ikea, has been growing. NYWT head said, “We are growing by leaps and bounds, especially in the tour and travel area. Circle Line gives us the (additional) capacity we need.” The head of Circle Line Downtown, a 54-year-old family-run company, believes its employees will be hired by NYWT.
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