Monday 12 October 2020

Port Authority, out $3B, has waterfront land to sell

Things were going great for the Port Authority until Covid-19. Now it’s asking Washington for billions of dollars. Sound familiar? In some ways, the bi-state agency is better positioned than Gov. Andrew Cuomo and Mayor Bill de Blasio, who are looking for a combined $24 billion from the Trump administration and Congress, and the Metropolitan Transportation Authority, which wants $13 billion. For one thing, the Port Authority is requesting only $3 billion. For another, it



source https://therealdeal.com/2020/10/12/port-authority-out-3b-has-waterfront-land-to-sell/

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