Port Authority of New York and New Jersey Votes to Spend Billions for Upgrading Airports and Building New Bus Terminal
On Thursday, the Port Authority of New York and New Jersey moved ahead to support several major projects. It includes spending millions of dollars to renovate two area airports building a new central bus terminal in Midtown Manhattan.
Thursday's meeting was not so smooth sailing bout the votes came in for transforming the La Guardia Airport and revamping the Newark Liberty International Airport.
Patrick J. Foye, the authority's executive director said he thought it represented "What you witnessed today is the most important board meeting in Port Authority history. According to him it's "the single largest allocation of capital" by the authority in one day.
The approval from the commissioners of the bi-state agency will allow taking further steps to overhaul the aging Terminal A at Newark Liberty International Airport along with renovating La Guardia Airport in Queens. It also paves way to replace the Port Authority Bus Terminal of the 1950s era, in midtown Manhattan. Some officials had suggested building a facility in New Jersey but the agency voted against it. However, the exact location of the new terminal still remained unclear.
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