Vol. 5, No. 5, July 15, 2010
BRIEFS

Runway reopens at
JFK airport

Flights resumed on John F. Kennedy International Airport’s “Bay Runway,” the region’s longest and busiest runway, on June 28 after a four-month closing to reconstruct the runway, implement flight delay measures, increase the width to handle the world’s largest commercial planes, and transform it into a state-of-the-art runway for the future.
Full Story.

Port Authority Acquires Property for Port Expansion
As part of its recent initiatives to position the Port of New York and New Jersey for future economic growth, the Port Authority announced June 25 the acquisition of the 98-acre Global Terminal on the Port Jersey peninsula in Jersey City and Bayonne.
Full Story.

Environmental Study
Fast-Tracked for Bayonne Bridge

The Port Authority is fast-tracking a review of environmental issues to help speed modification or replacement of the Bayonne Bridge, effectively creating a double-track process begun last year with a comprehensive ongoing planning analysis of alternatives to address height concerns that could restrict shipping activity in the harbor. Full story.

Public Meetings
The next Port Authority Board of Commissioners meeting will be held August 5. Visit panynj.gov to view minutes and actions from previous Board of Commissioners meetings, and to view webcasts from the June 22 Board and committee meetings.
Did you know?
The Port Authority has purchased carbon offsets from landfills in New York and New Jersey as part of a long-term agency initiative to reduce its carbon footprint. Full story.

Durst to Negotiate With Port Authority
For Equity Stake in One World Trade Center

The Port Authority has selected The Durst Organization to negotiate acquisition of an equity membership interest in One World Trade Center. Port Authority staff and Durst will work during the next 30 days to finalize an agreement subject to the approval of the bistate agency's Board of Commissioners. The selection follows an intensely competitive six-month process involving some of New York City's and the nation's most prominent private sector real estate interests–all vying for a stake in One World Trade Center. The Port Authority chose to advance negotiations with Durst because its proposal best aligned with the agency's interests in the long-term success of the office tower and because of the firm's prior success in developing premier, "green" office buildings.

Full Story


Rendering of One World
Trade Center.

queen1

Queen Elizabeth Visits World Trade Center Site

As part of her visit to New York on July 7, Great Britain's Queen Elizabeth II visited the World Trade Center and laid a wreath in remembrance of the victims of the Sept. 11, 2001, terrorist attacks. A slide show of the Queen's visit is posted on the Port Authority Web site.
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wtc

World Trade Center Progress
Memorial Pools Take Shape; One WTC Rises
to 28th Floor

The pools that will be a featured part of the 9/11 Memorial at the World Trade Center have taken shape with the installation of the granite walls around both pool areas. One World Trade Center rose to the 28th floor level at the end of June. Visit WTCProgress.com for more updates.

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Port Authority, NJ Transit Hold Hearings on
Transit Tunnel

More than 150 people attended public hearings on July 7 at the Hotel Pennsylvania in New York on proposed property rights acquisition on the West Side of Manhattan for the Access to the Region's Core (ARC) commuter rail tunnel.

The ARC Tunnel is a partnership among NJ Transit, the Port Authority, and the Federal Transit Administration. The Port Authority has committed up to $3 billion towards the cost of the $8.7 billion project. The tunnel requires acquisition of a limited number of properties in Manhattan and additional development rights for several other properties.
Visit the ARC Web site for more information about the project.

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