NEW YORK CITY—Showing considerable wear-and-tear, the PortAuthority Bus Terminal is getting a makeover.
"The functionally obsolete facility no longer meets thetransportation needs of the hundreds of thousands of riders thatpass through the terminal every day," says executive director PatFoye and deputy executive director Deborah Gramiccioni in a jointstatement. "The Port Authority is committed to identifyingcomprehensive improvements to within the context of its existingCapital Plan."
Port Authority of New York and New Jersey commissioners haverecommended spending $90 million to improve on-time bus operations,fix leaky ceilings and create a response team for heating and airconditioning issues at the 64-year-old depot. However, moresignificant repairs are in store for the terminal.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
