Vol. 2, No. 2, March 2007
|Port Authority Gives Green Light for Freedom Tower Construction||Development of the Freedom
Tower received a major push forward in late February with a construction
authorization by the Port Authority Board of Commissioners. This
action clears the way for up to $1 billion in awards by mid 2007.
The $2.8 billion Freedom Tower project demonstrates the Port Authority's continued commitment to rebuilding The World Trade Center site. Last year, the agency took responsibility for building the Memorial, as well as the Freedom Tower, in addition to its commitment to build the World Trade Center Transportation Hub.
When open in 2012, the Freedom Tower will include 69 tenant floors, a two-level lobby, a broadcast facility, indoor observation deck and a skyline restaurant.
|Leading the Way to Reduce Aircraft Noise in Local Communities||The Port Authority Board of Commissioners authorized
$35 million under the school
soundproofing program to provide quieter classrooms in 10 schools in
New York and New Jersey.
The annual investment is part of a continuing program to soundproof all schools affected by aircraft noise near the Port Authority's aviation facilities. To date, the agency has invested nearly $400 million.
|More Record-Breaking Passenger Growth at Port Authority Facilities||Traffic at the Port Authority's tunnels,
saw record-breaking growth in 2006. |
Last year, eastbound traffic reached an all-time high of 127 million vehicles, an increase of 1.2 million.
PATH ridership also continued to surge in 2006, with nearly 67 million passengers. The 13-station system handled approximately 227,000 passengers per day last year.
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