Port Authority Proposes Nearly $5 Billion Capital Spending Increase for Multiple Projects

A rendering of the Newark Liberty Terminal One project.

NEW YORK—The Port Authority of New York & New Jersey has proposed $4.8 billion in additional capital spending as part of its 10-year $32.2-billion capital plan, including a brand new AirTrain Newark project and additional funding for AirTrain LaGuardia and for the redevelopment of Newark Liberty Terminal One and at JFK Airport.

“The Port Authority’s legacy facilities have been subpar for decades. Both the original 2017-2026 capital plan and the modifications we are recommending today provide for extraordinary and unprecedented levels of investment needed to replace and upgrade our facilities to meet the standards of 21st century infrastructure,” says Port Authority executive director Rick Cotton.