Press Release Article


Date: Sep 08, 2006
Press Release Number: 64-2006

Port Authority Chairman Anthony R. Coscia, Vice Chairman Charles A. Gargano and Executive Director Kenneth J. Ringler Jr. will ring the closing bell at The NASDAQ Stock Market in Times Square on Monday, September 11, to honor the 84 Port Authority employees lost five years ago in the World Trade Center terrorist attacks.

Chairman Coscia said, “We’re honored to pay tribute to the Port Authority’s fallen heroes at NASDAQ’s closing bell ceremony on September 11. Many members of the business and financial community also suffered the unfathomable loss of colleagues in the terrorist attacks, and we are proud to stand side by side with them as we remember family and friends and reaffirm our commitment to the renewal of Lower Manhattan.”

Vice Chairman Gargano said, “This ceremony is another fitting tribute to the heroes we lost on 9/11, and it reminds us why we remain so dedicated to and focused on the important job of rebuilding – so that we can restore Lower Manhattan for the thousands of New Yorkers, New Jerseyans and others whose livelihoods depend on its future.”

Executive Director Ringler said, “On the solemn occasion of the fifth anniversary of the terrorist attacks, we are grateful to NASDAQ for helping us honor the memories of the 84 members of our family of public servants who were killed on 9/11. Many of those who died helped direct the greatest rescue effort ever on U.S. soil, saving tens of thousands of people that day, and their legacy will live forever.”

The appearance at NASDAQ will be one of several events at which the Port Authority executives will honor the agency’s police and civilian employees who made the ultimate sacrifice on 9/11.

Chairman Coscia, Vice Chairman Gargano and Executive Director Ringler will participate in the 9/11 remembrance ceremony at the World Trade Center site on Monday morning. They also will join with New York Governor George E. Pataki, New Jersey Governor Jon. S. Corzine and New York City Mayor Michael R. Bloomberg at the Port Authority’s 9/11 Interfaith Service at St. Peter’s Church at 2 p.m.

Port Authority staff also has been asked to observe moments of silence to mark the times when the planes struck the Twin Towers – 8:46 a.m. and 9:03 a.m.

The Port Authority of New York and New Jersey operates many of the busiest and most important transportation links in the region. They include John F. Kennedy International, Newark Liberty International, LaGuardia 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; the Port Authority-Downtown Manhattan Heliport; Port Newark; the Elizabeth-Port Authority Marine Terminal; the Howland Hook Marine Terminal on Staten Island; the Brooklyn Piers/Red Hook Container Terminal; and the Port Authority Bus Terminal in midtown Manhattan. The agency also owns the 16-acre World Trade Center site in Lower Manhattan.

The Port Authority is financially self-supporting and receives no tax revenue from either state.

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