THE PORT AUTHORITY OF NY & NJ

Press Release Article


NEW YORK BUILDING CONGRESS SUPPORTS PORT AUTHORITY PLAN

Date: Aug 08, 2011
Press Release Number: 52-2011

Richard T. Anderson, New York Building Congress President:

“The Port Authority made the difficult but wise decision today. The Metropolitan economy is the growth engine for both New York and New Jersey, and Port Authority investments drive that growth. Tolls and fares must keep pace with the economy's needs and, indeed, should keep ahead of them. In an era of dwindling resources and shrinking federal support, the additional revenues generated by these increases are necessary to fund billions of dollars in urgently-needed investments in the region's vast transportation network. The New York Building Congress supports prompt approval of the Port Authority’s proposal.”

CONTACT:

The Port Authority of New York and New Jersey

Steve Coleman or Ron Marsico, 212 435-7777