Vol. 2, No. 3, April
2007
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Port Authority and NJ TRANSIT Partner to Advance New
Trans-Hudson Tunnel |
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The Port
Authority and NJ TRANSIT are now partner agencies in the Access to the Region's Core Initiative (ARC)
under a memorandum of understanding approved by the
Port Authority's Board of Commissioners on March 29. The agreement gives the
Port Authority the primary responsibility for real estate acquisition and
construction management in New York. Access to the Region's
Core is a landmark regional infrastructure project that will create a second
passenger rail tunnel connecting Manhattan to New Jersey. It also includes
the expansion of New York's Penn Station beneath 34th Street in Manhattan.
The ARC project will create 4,000 construction jobs each year and 44,000
additional jobs through increased regional economic competitiveness produced
by the additional tunnel capacity. |
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Port Authority Continues Progress at The World Trade Center
Site |
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Development at The World Trade Center site progressed
in March with a $105 million contract authorization for the construction of a
fire protection system, as well as elevators and escalators at the Freedom
Tower. The agency's Board of Commissioners also authorized $14 million in
payments for construction and other structural work at the site. This action builds upon
the monumental February construction authorization for the $2.8
billion Freedom Tower project, which allows for up to $1 billion in contract
awards by mid-2007. Construction on all major elements of The World Trade
Center site is now under way, including the Transportation Hub, the Memorial,
and the Freedom Tower. |
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Port Authority Moves to Increase Airport Safety |
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The Port
Authority Board of Commissioners authorized the design and construction of
additional runway "arrestor beds" that safely
and quickly stop an aircraft in the event that it overruns a runway. This
action expands the agency's runway safety program by providing additional
installations at John F. Kennedy International, Newark Liberty International
and Teterboro airports. The Port Authority pioneered
arrestor bed technology, with the introduction of its Engineered Materials
Arrestor System in 1996. This month's action will bring the agency's total
number of arrestor beds to seven, more than any other airport operator in the
country. |
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News Briefs |
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Port of New York & New Jersey Posts Record-Breaking
Cargo Volumes in 2006 |
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