The Port Authority of New York and New Jersey Says No Deal on Amazon Cargo Hub at Newark Liberty International Airport

the staff of the Ridgewood blog

Newark NJ, on Thursday the  Port Authority of New York and New Jersey Says No Deal on Amazon Cargo Hub at Newark Liberty International Airport.  The $125M Amazon cargo hub had promised  1,000 new jobs . The Port Authority of New York and New Jersey today released the following statement from Chief Operating Officer Huntley Lawrence:

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“On August 5, 2021, following a publicly advertised request for proposals and the submission and evaluation of proposals, the Board of Commissioners authorized the Executive Director to enter into exclusive negotiations for a lease with Amazon for the development of existing cargo buildings at Newark Liberty International Airport. Over the past year, the Port Authority and Amazon have engaged in good-faith negotiations. Unfortunately, the Port Authority and Amazon have been unable to reach an agreement on final lease terms and mutually concluded that further negotiations will not resolve the outstanding issues. The growth of air cargo and the redevelopment of airport facilities in a manner that benefits the region as well as the local community remain a top priority of the Port Authority. Moving forward, the Agency will examine options and determine the best future utilization of these cargo facilities.”