Metro

Governors Island is the city’s now

Now it’ll be Mayors Island.

The city is taking control of Governors Island from the state and can now move forward with plans to turn the prime, if underused, real estate into a lush park and major destination for tourists and New Yorkers alike.

Under a deal with Albany, the city will put up $41.5 million for the initial work on the island and in return will control nine of 13 appointments to the Governors Island Operating Entity.

A new master plan calls for the creation of 87 acres of green space, restoring the southern half of the island, and creating a 2.2-mile promenade along the waterfront, which will provide panoramic breathtaking views of New York Harbor and the Statue of Liberty.

“The agreement establishes new and pure lines of authority over Governors Island,” Mayor Bloomberg said.

“The tourist possibilities are immense and it will be in good hands with the city,” said Gov. Paterson, who attended a press conference with the mayor.