Port Authority of New York and New Jersey News

Port Authority of New York and New Jersey News From AOL News

At Ground Zero, a Battle's Decisive Moment

NEW YORK (March 11) -- A longstanding battle that has stymied construction at the site of the World Trade Center comes to a head this week. Barring a last-minute deal, arbitrators are set to impose a solution Friday on the financial spat that pits the Port Authority of New York and New Jersey, which owns the site, against...

Port Authority of New York and New Jersey News From the Web

03/21/11 Fitch Rates Port Authority of New York & New Jersey's... Source: Business Wire Fitch Ratings has assigned an 'AA-' underlying rating to the Port Authority of New York and New Jersey's (the authority) $225 million consolidated bonds, series 167.
02/11/11 Fitch Withdraws Ratings of Port Authority of New York... Source: Business Wire Fitch Ratings has withdrawn the 'F1+' rating on the Port Authority of New York & New Jersey (NY) consolidated notes series ZZ as the bond sale was cancelled.
09/30/10 New Jersey Governor Names Port Authority Chairman Source: The New York Times - New York NY Gov. Chris Christie named David Samson, a former attorney general of New Jersey, to head the Port Authority of New York and New Jersey.
07/20/10 Fitch Rates Port Authority of New York and New Jersey... Source: PR-inside.com - Austria 'AA-' rating on the authority's approximately $12.33 billion of outstanding consolidated bonds and the 'A+' on approximately $181 million of versatile structure obligations (VSOs).

Background on Port Authority of New York and New Jersey

The Port Authority of New York and New Jersey (PANYNJ) is a bi-state port district authority, established in 1921 (as the Port of New York Authority) through an interstate compact, that runs most of the regional transportation infrastructure, including the bridges, tunnels, airports, and seaports, within the Port of New York and New Jersey.

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