PARTNERSHIP FOR NEW YORK CITY SUPPORTS PORT AUTHORITY PLAN

Date: Aug 08, 2011
Press Release Number: 54-2011

Statement from Kathryn Wylde, President & CEO of the Partnership for New York City, on the Port Authority’s Proposed Toll and Fare Increase

“No one likes higher tolls, but without them, key infrastructure projects to improve how New Yorkers get around will come to an abrupt stop. Over the last decade, the Port Authority has spent more than $11 billion doing the important work of redeveloping the World Trade Center site. This has left the agency with less money for other projects. And with the federal government doing significantly less on infrastructure, this toll hike is needed to raise funds that will allow work to continue on vital projects that aim to make New York more competitive.”

CONTACT:

The Port Authority of New York and New Jersey

Steve Coleman or Ron Marsico, 212 435-7777