THE PORT AUTHORITY OF NY & NJ

Press Release Article


PORT AUTHORITY BOARD APPROVES NEARLY $76 MILLION IN INVESTMENT TO CONTINUE REBUILDING MOMENTUM AT WTC SITE

Date: Dec 12, 2011
Press Release Number: 155-2011

The Port Authority of New York and New Jersey Board of Commissioners has approved nearly $76 million for investment in seven World Trade Center contracts, continuing the rebuilding progress at the site, which has been a major job and economic generator for the region.

Port Authority Chairman David Samson said, “We are rebuilding the site to serve as a vibrant place for jobs and commerce in the region for years to come. The site also will become a major piece in the region’s transportation network, with the new Transportation Hub linking PATH and city subway lines for thousands of commuters from New York and New Jersey.”

Port Authority Executive Director Pat Foye said, “These are necessary projects that will allow us to meet our commitment to complete the site while also creating jobs today in this tough economic climate. These contracts will continue the momentum we’ve achieved and will move us closer to the day when One World Trade Center – which is 50 percent leased – opens for business.”

Port Authority Deputy Executive Director Bill Baroni said, “Our investment in the World Trade Center site will not only create office space, but will give tens of thousands of daily commuters on both sides of the Hudson an easier way to get to work or recreational activities through the new connections that are part of the new Transportation Hub.”

At One World Trade Center – which has now reached the 88th floor – the Board approved the award of an $11.8 million contract with the joint venture of North American Mobile Systems/TechMer, for a first responders system and a base building/tenant two-way radio system for the tower. The system will provide communication capability for first responders in case of an emergency. In addition, the Board approved the award of a $1 million contract with 4 Star Contracting Inc., to waterproof the One World Trade Center plaza area.

To continue progress on the World Trade Center Transportation Hub – scheduled to be completed in 2014 – the Board approved a $3.5 million contract with Bunting Graphics Inc./Architectural Design Group Inc., for the fabrication and installation of signs in the transportation facility. The signs will allow customers to easily navigate between PATH and the 11 New York City subway lines that will be linked to the Hub.

The Board also approved a $15.5 million contract with Rapiscan Systems, Inc., to provide security screening equipment for the World Trade Center Vehicular Security Center, which will be the gateway for tenant vehicles, delivery trucks and tour buses to access the site’s subgrade parking areas. The screening center is scheduled for completion by the end of 2013.

In addition, a $31.9 million contract was approved for the Vehicle Security Center with Padilla Construction Services Inc., for architectural finishes at the facility, including carpentry, drywall, acoustical, insulation, hollow metal frames and doors, finish hardware, painting flooring and other items.

The Port Authority also is proceeding to build out the site’s subgrade parking areas and retail areas. As part of that effort, the Board approved an $11.8 million contract with Pabco Construction Corporation for carpentry and drywall.

The Board also approved an increase of $168,000 to an existing Memorial Foundation contract with KSW Mechanical Services Inc., for the furnishing of a heating and cooling system for the bronze name parapets that surround the Memorial’s two reflecting pools.

Overall, the World Trade Center rebuilding is expected to generate 26,538 direct jobs and $14.5 billion in economic activity through the duration of all of the projects.

CONTACT:

The Port Authority of New York and New Jersey

Steve Coleman, 212 435-7777

The Port Authority of New York and New Jersey, which does not receive tax dollars from either state, 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 Brooklyn Piers/Red Hook Container Terminal; the Port Authority-Port Jersey 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.