NBC New York reports on the announcement of the first citywide ferry service in over a century, including a stop on Roosevelt Island near Cornell Tech's campus.

When fully operational by 2018, Citywide Ferry Service will carry an estimated 4.6 million trips per year across six routes, providing new transportation to fast-growing communities, including some in so-called "transit deserts," officials say.

The Citywide Ferry Service will also fully integrate the East River Ferry, resulting in lower fares for its 4,000 daily riders -- from $4 to $2.75 per ride -- but there will be no free MTA transfers to trains or buses. 

Watch the full story on NBC New York.