Date: Dec 18, 2012
Press Release Number: 216-2012
CONTACT:Port Authority of New York and New Jersey 212-435-7777
The Port Authority's Committee on Operations will meet in executive session on Wednesday, December 19, at the Port Authority’s offices at 225 Park Avenue South, New York, N.Y. to discuss matters involving ongoing negotiations or reviews of contracts or proposals, matters involving public safety or law enforcement, matters related to proposed, pending, or current litigation or judicial or administrative proceedings and matters related to personnel or personnel procedures.
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.