Media - World Trade Center - Media - Port Authority of New York & New Jersey

Welcome to the new WTC Media Center.

We welcome your interest in the World Trade Center and encourage you to check here for regular updates. Press inquiries can be made by calling 212-435-7777.

For general information about The Port Authority, please click here.

For press inquiries regarding the Port Authority of New York and New Jersey, click here.

For all other inquiries, please contact 212-435-7000.

Please note: Videotaping or photography is not permitted inside the WTC perimeter fence, but may be conducted outside the fence with hand-held cameras, provided pedestrian traffic is not hindered. No monopods or tripods are permitted.

Press Releases

STATEMENT BY CHRISTOPHER O. WARD, EXECUTIVE DIRECTOR OF PORT AUTHORITY OF NY & NJ, IN RESPONSE TO SILVERSTEIN PROPERTIES NOTICE OF DISPUTE

Date:  Jul 06, 2009

Press Release Number:  84

"It’s unfortunate SPI is walking away from the negotiating table simply because the public has been unwilling to sacrifice critical transportation projects to subsidize private speculative office space.

"As the 2006 Master Development Agreement (MDA) makes clear, the Port Authority is meeting all of its obligations, and we look forward to a quick arbitration decision should Mr. Silverstein continue down this legal path.

"In the meantime, the Port Authority will continue making progress on all of its projects on the site, including the 9/11 Memorial, the WTC Transportation Hub, One World Trade Center and the public infrastructure. We will also continue to invest every dime of the insurance proceeds back into the rebuilding as part of the $11 billion in capital capacity that we are spending on the site’s reconstruction.

"We are certain that SPI understands that an arbitration decision under the MDA will not resolve when there will be a market for two private office towers on the site, and how this speculative private office space should be financed. A resolution to these issues can only be accomplished through good faith negotiations, not a legal fight.

"That is why the Port Authority has offered several different proposals that would give Mr. Silverstein the ability to build a rational amount of office space while protecting scarce public resources for the public projects on the site and for the critical transportation projects that are vital to this region’s economy. We continue to urge SPI to accept any one of these multiple proposals."

Contact:
Port Authority of NY & NJ Media Relations
212-435-7777