Overview of Facilities and Services

The Port Authority of New York & New Jersey conceives, builds, operates and maintains infrastructure critical to the New York/New Jersey region's trade and transportation network. These facilities include America's busiest airport system, marine terminals and ports, the PATH rail transit system, six tunnels and bridges between New York and New Jersey, the Port Authority Bus Terminal in Manhattan, and the World Trade Center.

For more than eight decades, the Port Authority has worked to improve the quality of life for the more than 17 million people who live and work in New York and New Jersey - a region that supports 8.6 million jobs with an estimated gross regional product of more than $929 billion.

George Washington Bridge JFK Airport Bayonne Bridge Lincoln Tunnel Newark International Airport Holland Tunnel Stewart International Airport LaGuardia Airport Teterboro Airport PATH Port Elizabeth Port Elizabeth Port Newark World Trade Center Journal Square Transportation Center Staten Island Teleport Goethals Bridge Outerbridge Crossing Brooklyn Marine Terminal Brooklyn Marine Terminal Howland Hook Marine Terminal Howland Hook Marine Terminal Bathgate Industrial Park Battery Park Ferry Terminal PATH PATH The South Waterfront George Washington Bridge Bus Station The South Waterfront Port Authority Bus Terminal Journal Square Transportation Center Queens West Waterfront Development Industrial Park at Elizabeth Industrial Park at Elizabeth Auto Marine Terminal Auto Marine Terminal AirTrain Newark AirTrain Newark ASI Terminal ASI Terminal AirTrain JFK AirTrain JFK

Origins

The Port Authority of New York & New Jersey was established on April 30, 1921. It was the first bistate agency ever created under a clause of the constitution permitting compacts between states with congressional consent. Its area of jurisdiction is called the Port District, a region within a radius of approximately 25 miles of the Statue of Liberty. The Port Authority was created to promote and protect the commerce of the Port District and to undertake port and regional improvements not likely to be financed by private enterprise, or that would not be attempted by either state alone. These include the development of major infrastructure: a modern port for the harbor shared by the two states, tunnel and bridge connections between the states, and, in general, trade and transportation projects that secure the region's economic well-being.

Finances

Today, as was envisioned in 1921, the Port Authority is a financially self-supporting entity. It does not receive tax revenue from either state or from any local jurisdiction and has no power to tax, nor does it have the power to pledge the credit of either state or any municipality. The Port Authority relies primarily on revenue generated from facility operations-tolls from its bridges and tunnels between New York and New Jersey, user fees from the airports and the bus terminals, fares on its rail transit system, and rent from facilities, consumer services and from retail stores.

The agency has a long-standing sound financial record and routinely receives high ratings for its debt offerings.

Portfolio of Facilities

The Port Authority is authorized to plan, develop and operate terminals and other facilities of transportation, economic development and world trade that contribute to protecting and promoting commerce in the Port District.

Aviation

John F. Kennedy International Airport
LaGuardia Airport
Newark Liberty International Airport
Stewart International Airport
Teterboro Airport

Tunnels & Bridges

Bayonne Bridge
Goethals Bridge
George Washington Bridge
Holland Tunnel
Lincoln Tunnel
Outerbridge Crossing

Bus Terminals

Port Authority Bus Terminal
George Washington Bridge Bus Station
Journal Square Transportation Center [operated by PATH]

Port Commerce

Port Jersey-Port Authority Marine Terminal
Brooklyn-Port Authority Marine Terminal
Elizabeth-Port Authority Marine Terminal
Howland Hook Marine Terminal
Port Newark

Port Authority Trans-Hudson (PATH)

Journal Square Transportation Center
PATH Rail Transit System

Real Estate & Development

Bathgate Industrial Park
Ferry Transportation
Industrial Park at Elizabeth
The Teleport
Waterfront Development
Queens West Waterfront Development
The South Waterfront at Hoboken

The World Trade Center


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The Port Authority of New York and New Jersey
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