THE PORT AUTHORITY OF NY & NJ
Press Release Article
PORT AUTHORITY BOARD TAKES ACTION ON SEVERAL ITEMS
Date: Mar 25, 2010
Press Release Number: 16-2010
At its monthly meeting this afternoon, the Port Authority Board of Commissioners took the following actions:
- Authorized a $10.1 million project for vertical circulation improvements in Terminal A at Newark Liberty International Airport.
- Authorized Phase Four of the Newark Liberty International Airport Terminals A and B concessions program, which provides for seven-year lease agreements in Terminals A and B that cover the rental of approximately 10,430 square feet of space for 11 concessions.
- Authorized an 11-year lease agreement with British Airways Plc for approximately 6,300 square feet of space in Terminal B at Newark Liberty International Airport for use as a first class lounge.
- Authorized an agreement for the surrender of United Airline’s existing lease for Cargo Buildings 22 and 22A at John F. Kennedy International Airport and a new lease for these buildings with Pegasus JFK, LLC, a real estate group involved in on-airport cargo development and management.
- Authorized $1 million for the continued procurement of carbon offsets and other services in 2010 to support the Port Authority’s efforts to offset Greenhouse Gas emissions from its operations and to encourage its customers, tenants and partners to conduct their businesses in a more sustainable manner.
The 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; 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.