Main Office: 4 World Trade Center
100 Greenwich Street
New York, NY 10007
Executive Director: Rick Cotton
The Port Authority of New York and New Jersey manages and maintains the bridges, tunnels, bus terminals, airports, PATH and seaport that are critical to the NY metropolitan region's trade and transportation capabilities.
The Port Authority had a 2021 budget of $3.2 billion and projected a $3 billion loss of revenues due to the pandemic from March 2020 to March 2022. The agency reduced 626 positions in 2021 or about 7% due to lower revenues from Covid-19.
Operating revenues for 2021 were $5.12 billion with $1.92 billion coming from tolls and fares, $1.46 billion from rentals and $1.29 billion from aviation fees.
Port Authority oversees the area's major travel hubs including JFK Airport, LaGuardia Airport, Newark Airport, Port Authority Bus Terminal, PATH Rapid-Transit System and the World Trade Center site.
The Port Authority manages the bulk of the bistate transportation system between New York and New Jersey. One of the most heavily used systems in the country, this network of tunnels, bridges, and terminals at the heart of the region's commercial infrastructure moved more than 254 million vehicles per year.
Through its facilities and services, people are able to make vital connections and businesses are able to grow in the NY-NJ area. Providing safe and efficient travel is the agency's highest priority.
The Port Authority is a financially self-supporting entity. It does not receive tax revenue from either state or from any local jurisdiction and has no power to tax, nor does it have the power to pledge the credit of either state or any municipality. The Port Authority relies primarily on revenue generated from facility operations — tolls from its bridges and tunnels between New York and New Jersey, user fees from the airports and the bus terminals, fares on its rail transit system, and rent from facility business and consumer services, and from retail stores.
The Port Authority’s nearly 8,000 employees are experts in aviation, rail transit, maritime businesses, transportation, engineering, law, communications, public safety, and finance.
The Port Authority also maintains its own highly trained police force, the 20th largest in the nation, which specializes in airport, seaport, and transportation security, and provides for the safety of the millions of customers who use its facilities annually.
Portfolio of Facilities
John F. Kennedy International Airport
Newark Liberty International Airport
Stewart International Airport
Downtown Manhattan Heliport
Tunnels, Bridges & Terminals
George Washington Bridge
George Washington Bridge Bus Station
Port Authority Bus Terminal
Auto Marine Terminal
Brooklyn-Port Authority Marine Terminal
Elizabeth-Port Authority Marine Terminal
Howland Hook Marine Terminal
Port Authority Trans-Hudson
Journal Square Transportation Center
PATH Rail Transit System
Real Estate & Development
Bathgate Industrial Park
Essex County Resource Recovery Facility
Industrial Park at Elizabeth
The Legal Center
Queens West Waterfront Development
The South Waterfront at Hoboken
The World Trade Center Site
The Port Authority of New York and New Jersey was the nation’s first bistate agency. The governor of each state appoints six members of the agency’s Board of Commissioners, subject to state senate approval.
The impetus for the Port Authority's formation can be traced back more than 300 years. First, there was the accident of political history that divided a common port area between what ultimately became the states of New York and New Jersey. In time, the division of the harbor - a vital source of commerce and growth - led to controversy in the region.
Throughout the 19th century, New York and New Jersey waged many disputes over their valuable, shared harbor and waterways. A dispute over the boundary line through the harbor and the Hudson River - settled by the Treaty of 1834 - once led state police to exchange shots in the middle of the river. The impasse eased when the two states agreed that the port area was, in effect, one community and that conflict squandered the port's potential. The states sought a governmental body to oversee port affairs and found a model in the Port of London, administered by what was then the only public authority in the world.
On April 30, 1921, The Port of New York Authority was established to administer the common harbor interests of New York and New Jersey. The first of its kind in the Western Hemisphere, the organization was created under a clause of the Constitution permitting Compacts between states, with Congressional consent. An area of jurisdiction called the "Port District," a bistate region of about 1,500 square miles centered on the Statue of Liberty, was established. In 1972, the organization's name was changed to The Port Authority of New York and New Jersey to more accurately identify its role as a bistate agency.
In 1930, the two states gave the Port Authority control of the recently opened Holland Tunnel as a financial cornerstone. The Port Authority's first charge was to construct the critical interstate crossings in the late 1920s and early 1930s, including the George Washington Bridge, Outerbridge Crossing, the Goethals and Bayonne bridges. In 1937, the first tube of the Lincoln Tunnel was completed.
In the late 1940s, at the cities' request, the Port Authority leased three airports from Newark, NJ and New York City in anticipation of the jet age. Newark and LaGuardia airports, along with an infant airport on a large meadow destined to become John F. Kennedy International, were linked into a regional aviation network.
In the 1950s and 1960s, the agency built the Port Authority Bus Terminal and added a second deck to the George Washington Bridge. It completed the Lincoln Tunnel's third tube, rebuilt many Brooklyn piers and developed the world's first container ports at Port Newark and the Elizabeth-Port Authority Marine Terminal. The Port Authority also acquired the Hudson and Manhattan Railroad and began operating it as the PATH rail transit system.
In the 1970s, Port Authority helped advance the region's interests in port and trade promotion through construction of The World Trade Center, which brought together private firms and government agencies engaged in international business. The two towers became the hallmark of the New York City skyline, reaching higher than any other skyscraper in the city. The World Trade Center collapsed following terrorist attacks on Sept. 11, 2001.
The new building constructed at World Trade Center, now known as One World Trade Center, opened in April 26, 2012 and is the tallest building in New York City at 1,776 feet.
The Port Authority provides its employees with a comprehensive total rewards package, which may include the following: