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Port Authority of NY/NJ proposes $1.2B cut to construction spending

November 24, 2020

The Port Authority oversees aviation, rail, surface transportation and seaport facilities in the New York City area. Although it’s not clear which projects would be impacted by the cuts, executive director Rick Cotton indicated that those under construction now — including LaGuardia and Newark airports and their accompanying AirTrains — would continue, according to

Due to the intense drop in vehicle traffic and passengers from the pandemic, the Port Authority is expecting a $3 billion revenue loss by 2021, according to

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