Bayonne Mayor Jimmy Davis is calling the new ferry service out of Bayonne an economic game changer for his city.

Long term, he even sees a hotel. But first, the council is in the process of approving a $6 million bond that will allow the purchase of land from the Port Authority at the New Jersey Marine Terminal, where a terminal would then be built.

The mayor believes the 11-minute ferry ride into New York City will be beneficial for everyone.

There is no word on an exact timeline. News 12 will have updates as they become available.