Press Release Article


PORT AUTHORITY BOARD TAKES ACTION ON SEVERAL ITEMS

Date: Jul 26, 2007
Press Release Number: 64-2007

At its monthly meeting this afternoon, the Port Authority Board of Commissioners took the following actions:

  • Authorized the award of a $276.48 million contract to DCM Erectors for the fabrication, delivery and erection of the structural steel that will serve as the main skeleton of 1 World Trade Center, the Freedom Tower. This brings the total Freedom Tower contract awards to approximately $1.2 billion.


  • Authorized existing Port Authority real estate consultant Jones Lang LaSalle to subcontract for financial advisory services for 1 World Trade Center, the Freedom Tower, including assistance in determining the feasibility of raising capital for the project from external investment partners, developing a list of potential equity investors, preparing offering memoranda, evaluating proposals received, and advising the Port Authority on related matters.


  • Authorized a series of governance reforms that revise the agency’s corporate governance practices, strengthening transparency and adherence to the highest government accountability standards of the states of New York and New Jersey.


  • Authorized a seven-year agreement with Westfield Concessions Management, LLC, to plan, develop, lease, market and manage approximately 52,000 square feet of concession space in Terminals A and B at Newark Liberty International Airport.


  • Authorized the enhancement of security measures to protect airport terminal frontages as part of an overall security upgrade for LaGuardia Airport’s Central Terminal Building and Marine Air Terminal, and Newark Liberty International Airport’s Terminal B.


  • Authorized the award of a $46 million contract to E.E. Cruz/Nicholson Construction, a joint venture LLC, for certain liner wall and shear wall construction for the World Trade Center Memorial, Memorial Museum and other infrastructure projects.


  • Authorized a $25 million project for the design and rehabilitation of Taxiway E at John F. Kennedy International Airport to maintain it in a state of good repair.


  • Authorized agreements to allow the OmniAir Consortium – consisting of transportation agencies, toll operators, toll equipment manufacturers, systems integrators and others – to explore the next generation of toll collection. The federal government and a variety of other sources including the Port Authority will fund the $475,600 project. It will take approximately 18 months to complete.


  • Authorized a $36 million project for the demolition and reconstruction of the wharf for Berth 8 and part of the wharf for Berth 10 at Port Newark to ensure a state of good repair.


  • Authorized a $14.5 million project to replace electronic toll collection equipment in select toll lanes at Port Authority bridge and tunnel crossings, and to evaluate equipment performance in other toll lanes not planned for replacement under this project authorization.


  • Authorized an additional $6.5 million for World Trade Center site planning and redevelopment through March 2008, resulting in a total planning authorization of $52.5 million.


  • Authorized an approximate five-year lease agreement with Cargo Airport Services USA, LLC, for Building 73 at John F. Kennedy International Airport with an option to extend the agreement for an additional five years. Cargo Airport Services has operated at JFK since 1998 and provides cargo handling services for KLM Royal Dutch Airlines, Asiana Airlines, Eva Airways and Air China.


  • Authorized a license agreement with Vista Maro, LLC, the developer of an off-airport parcel located on Eastern Road at John F. Kennedy International Airport, to permit Vista and its successors, tenants and subtenants to use certain Port Authority roadways at JFK.


  • Certified Stewart International Airport as an additional facility of the Port Authority.


  • Authorized participation in various studies as part of a settlement with the U.S. Environmental Protection Agency with regard to the alleged release and threat of hazardous substances into the Berry’s Creek study area in Bergen County, which includes Teterboro Airport.


  • Authorized an agreement with the National Oceanic and Atmospheric Administration, on behalf of the states of New York and New Jersey, for continued operation and maintenance of the PORTS navigational data collection and dissemination system for a one-year period at an estimated cost of $195,000.


  • Authorized a five-year federally funded Cooperative Research and Development Agreement with the U.S. Army Armament Research, Development Engineering Center for the continued development and prototype implementation of the Regional Information Joint Awareness Network.


  • Authorized an agreement with the City of Jersey City to provide for the acquisition of a perpetual easement that would grant PATH easement rights for the construction, operation and maintenance of certain security enhancements at the Journal Square Transportation Center in Jersey City.


  • Authorized an increase of $46 million in funding for the Construction Management/General Contracting Services contract with Tishman Technologies Corp. to provide for the implementation of additional security projects included in the Port Authority’s Security Capital Program.


  • Authorized the Executive Director to enter into a Memorandum of Understanding related to easement agreements with the City of New York that will facilitate the development and construction of the New York City Transit’s No. 7 subway line extension and NJ Transit’s THE tunnel project.


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