September 28, 2016 2:54 PM ET

Commercial Services and Supplies

Company Overview of Port Authority of New York and New Jersey, New York

Company Overview

Port Authority of New York and New Jersey, New York is a government institution and operates marine ports in New York and New Jersey region. The company was formerly known as The Port of New York Authority and changed its name to Port Authority of New York and New Jersey, New York in January 1972. The company was founded in 1921 and is based in New York, New York.

225 Park Avenue South

New York, NY 10003-1604

United States

Founded in 1921





Key Executives for Port Authority of New York and New Jersey, New York

Chief Security Officer
Director of Public Safety
Deputy Executive Director
Interim Director of Permanent Aviation Division
Age: 58
Deputy Director of Aviation Division
Compensation as of Fiscal Year 2016.

Port Authority of New York and New Jersey, New York Key Developments

Port Authority of New York and New Jersey Faces Lawsuit over withheld Tunnel Funds

A task force which for more than a decade has worked to get a new freight tunnel built in the New York City area has filed suit against the Port Authority of New York & New Jersey for allegedly withholding $446,000 in funding. The now-insolvent East of Hudson Rail Freight Task Force says the Port Authority was the trustee for the money and refused to hand it off to the group. The task force had been allocated $357,000 in federal funds and was due to receive $89,000 from local sources. It wants the Port Authority to release the money so it can get out of debt and continue to operate.

Port Authority of New York and New Jersey, New York Presents at Capital Link's New York Maritime Forum, Sep-13-2016

Port Authority of New York and New Jersey, New York Presents at Capital Link's New York Maritime Forum, Sep-13-2016. Venue: Metropolitan Club, One East 60th Street, New York, NY 10022-1054, United States. Presentation Date & Speakers: Sep-13-2016, Bethann Rooney, Assistant Director, Strategy & Innovation, Port Department, John J. Degnan, Chairman of the Board of Commissioners, Michael D. Fascitelli, Commissioner, Patrick J. Foye, Executive Director, Robin Bramwell Stewart, Manager Strategic Policy and Planning.

Delta Air Lines and Port Authority of New York and New Jersey Partners on LaGuardia Terminal Redevelopment

Delta Air Lines and the Port Authority of New York and New Jersey will partner to replace Terminals C and D at New York's LaGuardia Airport with a redeveloped facility. The project, which was approved by PANYNJ, is part of a new lease agreement to be negotiated at the airport through 2050. The Port Authority has committed, as part of the agreement, $600 million to facilitate construction of the terminal and other supporting infrastructure. Replacing these outmoded terminals is a major step forward in reimagining of LaGuardia. A plan to redesign and rebuild New York-LGA to include a new $4 billion central terminal building and a grand central hall unifying the airport's terminals. Delta has been a partner in that plan since the beginning. Like the new central terminal building, Delta's new facility will be located closer to the Grand Central Parkway, allowing for additional taxiway space and a more efficient airfield. Delta's new terminal at LGA will consist of 37 gates located on four concourses connected by a centralized check-in lobby, security checkpoint, and baggage claim. Of the 37 gates, 33 will have access to dual taxi lanes, which will greatly improve airfield efficiency, resulting in reduced taxi time to and from the gate before take-off and after landing. The construction will commence as soon as possible, following regulatory approvals and final lease negotiations.

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