THE PORT AUTHORITY OF NY & NJ

Press Release Article


PORT AUTHORITY BOARD OF COMMISSIONERS APPROVES FUNDING FOR WATERFRONT PARK IN NEWARK

Date: Oct 18, 2012
Press Release Number: 140-2012

Investment continues agency’s longstanding commitment to region’s quality of life

The Port Authority Board of Commissioners today approved a contribution of $1.3 million to Essex County for the development of the Riverbank Park Extension in Newark. The site includes more than 12 acres of public open space and waterfront access along the banks of the Passaic River. Today’s authorization completes the purchase of the waterfront land and boosts the agency’s total investment in the project to $9 million.

The Riverbank Park Extension includes a public greenway stretching eight city blocks, soccer and baseball fields, tennis and basketball courts, and two playground areas along with spectacular views of the Passaic River. Essex County is responsible for maintaining and operating Riverbank Park Extension.

The action by the Board continues an extensive Port Authority of New York and New Jersey initiative that preserves open space habitat and wetlands with public access on both sides of the Hudson River. The Port Authority’s $60 million Hudson-Raritan Estuary Resource Program has protected more than 390 acres for public uses over the past decade in New Jersey and New York, helping to ensure the region’s long-term quality of life and its vital business needs.

Since launching the Hudson-Raritan Estuary Resource Program in July 2001, Port Authority investments have protected eight properties in New York City and nine properties in New Jersey, much of it waterfront property. The investments have resulted in the creation of important public spaces, while also protecting critical wildlife habitat, including woodlands and wetlands for migratory birds and other wildlife.

“Through the $60 million Harbor-Raritan Estuary Resources Program, the Port Authority has delivered on its commitment to the environment by investing in communities throughout the region to create much needed public spaces while also protecting critical coastal habitat and wetlands for migratory birds and other wildlife,” said Port Authority Chairman David Samson. “Today’s investment provides the community of Newark with valuable recreation space and preserves an important wetland habitat along the Passaic River.”

“Waterfront parks are a great way to benefit the local community and the environment,” said Port Authority Executive Director Pat Foye. “Vital wetlands are protected from development and families and community members throughout Newark and Essex County get a wonderful place to relax, have a picnic and enjoy the outdoors. The Port Authority is happy to do our part to benefit the communities we serve.”

“The Port Authority serves an important role in the region by investing in transportation infrastructure and driving economic growth, but it has an equally important responsibility to work with the communities within the region to improve the environment,” said Executive Director Bill Baroni. “We take that responsibility seriously, and our investment in the City of Newark is just one example of the efforts we have undertaken to improve the quality of life throughout the region.”

Since its launch in 2001, the Hudson Raritan Estuary Resource Program has invested in the following projects in New York and New Jersey.


NEW JERSEY

Meadowlands

Hudson County
Middlesex County
Monmouth County

NEW YORK

Staten Island