Port Authority

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Hearing on tolls reveals Lautenberg got free ride

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1 year ago
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Hearing on tolls reveals Lautenberg got free ride A Port Authority executive told lawmakers at a hearing Wednesday that a $12 toll for cars headed to New York City is “fair” but pointed out something that many drivers may think is unfair: Sen. Frank Lautenberg went decades without paying a [...]
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Lautenberg blasts Port Authority over toll hikes

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1 year ago
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Lautenberg blasts Port Authority over toll hikes In a hearing today, U.S. Sen. Frank R. Lautenberg admonished the Port Authority of New York and New Jersey and its deputy executive director over its tolling practices, saying steep rate hikes are unfair to commuters. “When I was commissioner (of [...]

>Port Authority reforms leave critics skeptical

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1 year ago
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Port Authority reforms leave critics skeptical At the end of the Port Authority’s March meeting, after passing reforms about how public information is shared and trimming nonunion worker compensation and benefits, vice chairman Scott Rechler proclaimed “the days of doing business as usual at the [...]

>Assembly moves forward with Port Authority subpoena process

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1 year ago
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Assembly moves forward with Port Authority subpoena process An Assembly transportation panel is moving forward with intentions of issuing subpoenas, if necessary, to the Port Authority of New York and New Jersey. The Assembly Transportation, Public Works and Independent Authorities Committee [...]

>Port Authority settles swap for $60M

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1 year ago
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Port Authority settles swap for $60M The Port Authority of New York and New Jersey announced today it has settled a swap transaction that was terminated by BNP Paribas, the investment bank on the other side of the transaction, for $60.3 million. The payment the PANYNJ will make to Paribas is [...]

>Security shakeup at Port Authority

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1 year ago
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Security shakeup at Port Authority The Port Authority of New York and New Jersey will overhaul its security operation for the first time in decades, centralizing control over its police force and safety officials at its bridges, airports, bus terminals and the World Trade Center. The agency’s [...]

>Port Authority to cut bonuses

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1 year ago
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Port Authority to cut bonuses The Port Authority of New York and New Jersey plans to eliminate millions of dollars’ worth of bonuses and other benefits for its nonunion employees, a gesture of reform at an agency under pressure from two politically ambitious governors to rein in spending. The [...]

>Port Authority ordered to reinstate toll-free passes for retirees

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1 year ago
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Port Authority ordered to reinstate toll-free passes for retirees FRIDAY, MARCH 23, 2012   BY SHAWN BOBURGSTAFF WRITERTHE RECORD The Port Authority of New York and New Jersey has been ordered to reinstate toll-free passage on its bridges and tunnels, along with free parking at area airports, for [...]

>N.J. and N.Y. legislators to hold Port Authority joint public hearing on finances and accountability

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1 year ago
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N.J. and N.Y. legislators to hold Port Authority joint public hearing on finances and accountability New Jersey and New York legislators Friday announced they will hold a joint public hearing on the finances and accountability of the Port Authority of New York and New Jersey on April 20 at the [...]

>Assembly panel to consider bill to force Port Authority to respond to spending and patronage questions

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1 year ago
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Assembly panel to consider bill to force Port Authority to respond to spending and patronage questions The Assembly Transportation Committee Thursday will consider legislation that would grant the panel subpoena power to investigate the Port Authority of New York and New Jersey. The proposal [...]

>Port Authority on the hook for $150 million payment on risky swaps

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1 year ago
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Port Authority on the hook for $150 million payment on risky swaps The Port Authority of New York and New Jersey could be forced to pay out more than $150 million this year on a pair of complex and risky investments originally designed to save the agency money. The investments, known as interest [...]

>Ex-blogger is Governor Christie’s eyes, ears inside Port Authority

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1 year ago
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Ex-blogger is Governor Christie’s eyes, ears inside Port Authority For a decade, he was a faceless force in New Jersey politics, an Internet blogger who delivered scoops while keeping his identity a closely guarded secret. Now, David Wildstein, formerly known by the pen name Wally Edge, is [...]

>Bills target perks enjoyed by Port Authority of NY and NJ employees

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1 year ago
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Bills target perks enjoyed by Port Authority of NY and NJ employees Two measures that would end perks enjoyed by Port Authority of New York and New Jersey employees and help assure toll-payers that their money was spent responsibly received the Senate Transportation Committee’s endorsement [...]

>Port Authority transparency: Politics or progress?

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1 year ago
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Port Authority transparency: Politics or progress? The deputy director of the Port Authority of New York and New Jersey said politics is at the heart of a bill that cleared the Senate Transportation Committee today. A co-sponsor of the bill, however, said that the bill has accomplished one of [...]

>Proposal would end perks to Port Authority workers

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1 year ago
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Proposal would end perks to Port Authority workers A New Jersey Senate panel is considering a bill that would end the free tolls, sports tickets and other perks that have sometimes been given to commissioners and staff with the Port Authority of New York and New Jersey. The bill being heard [...]

>Port Authority gets no-confidence vote as it faces a daunting task to reform

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1 year ago
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Port Authority gets no-confidence vote as it faces a daunting task to reform Is there a new order at the Port Authority of New York and New Jersey, and can it inspire confidence it will bring order and fiscal discipline back to the agency? So far, the Port Authority got a vote of no confidence [...]

>Lawmakers from N.J. and N.Y. outraged over Port Authority spending, call for rollback of toll hike

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1 year ago
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Lawmakers from N.J. and N.Y. outraged over Port Authority spending, call for rollback of toll hike Citing an audit critical of the Port Authority of New York and New Jersey, lawmakers from the two states are calling on the two governors to back bills intended to boost accountability at the [...]
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