Wayne Corts Sells Marina: New developer will head waterfront project in Stony Point

Wayne Corts presents a draft of waterfront development plans to the town Planning Board last year

After 37 years at the helm of the Stony Point Marina and in the midst of planning a major waterfront development project, Wayne Corts has sold the land and business to a new developer who says he shares a similar vision for the site.

Plans have been in the works for several years to transform the marina into “The Breakers,” a 200-unit condominium project featuring boat slips, space for a few retail storefronts, two restaurants and a public promenade and walkway giving Stony Pointer residents access to the Hudson River. The project has been picking up steam the past two years, appearing before the Stony Point Town and Planning boards several times.
Corts said sometime in the past six months he realized it was time to pass “The Breakers” project and Stony Point Marina management on to a new leader.  “I will be eligible for social security next year,” he quipped, noting he was entering “semi-retirement” and would be spending more time with his family.
He said it was important that he find the right person for the Stony Point Marina, not just the right price.


Eli Herskowitz is the man Corts chose. The developer will move the Stony Point waterfront development project forward under the corporate name “Breakers Stony Point LP.”

Why Herskowitz? According to Corts, it’s because he has built community-friendly projects around the Hudson Valley, including 100 homes in Stony Point.

“Eli is incredible. He is a guy with a great hands on touch. He is knowledgable and passionate,” Corts told the Rockland County Times. “He builds for the area the project is in.”

Despite taking a step back, Corts is still anxious to see the waterfront project come to fruition.The sale of the marina went through May 12, but he continues to occupy office space at the marina as he has for years. He said he is maintaining a presence as part of a cordial transfer of power.

Herskowitz told the Rockland County Times that the marina “has a lot going for it” and a management team has been brought in with a vision for improvement.

The waterfront development project he is pursuing “is the same concept” as Corts, but with a few proposed changes to the style of buildings. He is considering naming the completed project “Eagle Bay.”

Marina slips, a public promenade opening up to the Hudson and commercial space remain part of the waterfront vision. A new presentation to the Planning Board can be expected in the relatively near future. The New City-firm Atzl, Nasher & Zigler, P.C. continue as site planners and engineers for the project.

“I want to thank the Town Board and Planning Board for their helpfulness with the project,” Corts said. “The town has been wonderful.”

Stony Point Marina was one of the first major endeavors Corts pursued as an ambitious businessman in his mid 20s. He has gone on to have a notable career, earning national attention when he bought and renovated the former Fallkirk State Hospital in Woodbury, Orange County.

Corts turned the 142-acre property and its 13 buildings into a sprawling homestead and horse ranch affectionately nicknamed “Wayne’s World.” He converted one of the structures into a stylish apartment building and built an equestrian center and horse barn. Down the road a mile or so in Central Valley, Corts resurrected the fortunes of the former Central Valley Country Club, changing the name to Fallkirk Estate and Country Club.

The club is now a five star location, and an important cog in the area’s economic and social life. Corts has had a hand in other golf course and real estate projects in Orange County, including the Greens of Woodbury, Greens of Woodbury Section II and the West Hills Country Club in Middletown.

Stony Point has been like a second home to him since he bought the waterfront parcel in 1980 and built it into the Stony Point Marina. The neighboring parcel now owned by Willow Cove Marina also saw its first commercial growth under Corts’ watch.

The marina is situated just south of the Stony Point Battlefield State Park and has a clear view of the historic site. Corts says the history and spirit of the park has been a particular inspiration over the years. “I will be around Stony Point forever,” he said. “I feel wonderful. I am excited [the waterfront project] will be brought to completion over the next year or so.”

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