The Foreshore Authority was also place manager for a number of culturally significant sites in Sydney, including Rozelle Rail Yards, White Bay Power Station and Ballast Point Park.

The Statute Law (Miscellaneous Provisions) Act, 2015 took effect on 1 July, consolidating all functions of the SHFA into Property NSW.

[2][3] The Authority's mandate was to: The Authority managed commercial and retail leases, providing security, cleaning, building maintenance and other facility management services, and had the responsibility for heritage protection, including over 100 New South Wales State Heritage listed items.

The Authority had previously been responsible for managing specific areas of foreshore land in Sydney, including Barangaroo (managed by the Barangaroo Delivery Authority) and the Darling Quarter retail and commercial redevelopment at Darling Harbour.

As a part of the Department of Finance and Services (New South Wales) cluster, it was autonomously administered by a Board that reported to the New South Wales Minister for Finance, Services and Property.