THE PORT AUTHORITY OF NY & NJ

Press Release Article


MEDIA ADVISORY --PORT AUTHORITY COMMITTEE ON CAPITAL PLANNING, EXECUTION AND ASSET MANAGEMENT TO HOLD MEETING IN EXECUTIVE SESSION ON TUESDAY, DECEMBER 4

Date: Dec 03, 2012
Press Release Number: 202-2012

The Port Authority's Committee on Capital Planning, Execution and Asset Management will meet in executive session on Tuesday, December 4, at the Port Authority’s offices at 225 Park Avenue South, New York, N.Y. to discuss matters related to the purchase, sale, or lease of real property, or securities where disclosure would affect the value thereof or the public interest.

CONTACT: Port Authority of New York and New Jersey 212-435-7777

Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency’s network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than $23 billion in annual wages and $80 billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where construction crews are building the iconic One World Trade Center, which is now the tallest skyscraper in New York. The Port Authority receives no tax revenue from either the state of New York or New Jersey or from the City of New York. The agency relies on revenues generated by facility users, tolls, fees and rents as well as loans, bond financing, and federal grants to fund its operations. For more information, please visit http://www.panynj.gov.