THE PORT AUTHORITY OF NY & NJ
Press Release Article
PORT AUTHORITY BOARD TAKES ACTION ON SEVERAL ITEMS
Date: Jun 25, 2009
Press Release Number: 79-2009
At its monthly meeting this afternoon, the Port Authority Board of Commissioners authorized:
- Phase 2 of the Newark Liberty International Airport Terminal A and B concessions program, which provides for 14 new lease agreements ranging from 7 to 10-year terms.
- A five-year, six-month lease with El Al for approximately 5,000 square feet of space for use as a first-class lounge in Terminal B at Newark Liberty International Airport.
- A supplement to the existing lease with Seaman's Church Institute of New York and New Jersey to allow it to enter into sublease agreements for certain portions of its leasehold, and for it to retain all revenue derived from such subleases.
Port Authority of New York and New Jersey
Steve Coleman, 212 435-7777
The Port Authority of New York and New Jersey operates many of the busiest and most important transportation links in the region. They include John F. Kennedy International, Newark Liberty International, LaGuardia, Stewart International and Teterboro airports; AirTrain JFK and AirTrain Newark; the George Washington Bridge and Bus Station; the Lincoln and Holland tunnels; the three bridges between Staten Island and New Jersey; the PATH (Port Authority Trans-Hudson) rapid-transit system; Port Newark; the Elizabeth-Port Authority Marine Terminal; the Howland Hook Marine Terminal on Staten Island; the Port Authority Auto Marine Terminal; the Brooklyn Piers/Red Hook Container Terminal; the Greenville Yard-Port Authority Marine Terminal; and the Port Authority Bus Terminal in midtown Manhattan. The agency also owns the 16-acre World Trade Center site in Lower Manhattan and is a partner in the Access to the Region's Core tunnel project.