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Port Authority to Seek $2 billion in Aid

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the staff of the Ridgewood blog

Fort Lee NJ, in a letter Port Authority Executive Director Rick Cotton told  New York and New Jersey congressional representatives that the agency needed nearly $2 billion in aid following sharp revenue declines in March across its various transportation assets. Cotton said vehicle traffic on the bi-state agency’s crossings is down 22% compared to a year ago while ridership on the PATH rail transit has dropped 75%.

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