For New York University students, a retail property near the school in lower Manhattan is a place to buy a sandwich or milk. For developer Larry Silverstein, the location is part of a bond with billionaire Warren Buffett.
New Jersey lawmakers probing intentional traffic jams at the George Washington Bridge asked a state court judge to force two former aides to Governor Chris Christie to turn over documents they refuse to produce.
The Port Authority of New York and New Jersey formed an oversight committee to improve governance at the transportation agency, which is under scrutiny after an ally of New Jersey Governor Chris Christie closed lanes at the George Washington Bridge.
As Manhattan developers plan millions of square feet of office towers featuring the most modern amenities, some of their biggest potential tenants have decided they’re better off staying in their current homes.
With New Jersey Governor Chris Christie mired in scandal after disclosures that his aides may have engineered a George Washington Bridge traffic jam as political payback, New York Governor Andrew Cuomo is taking a bigger role at the agency at the controversy’s heart.
The Port Authority of New York and New Jersey, the agency at the heart of the scandal threatening Governor Chris Christie’s future, proposed a $27.6 billion 10- year capital plan to pay for projects including a new central terminal at LaGuardia Airport.
The agency that runs Battery Park City, the Manhattan neighborhood that houses Goldman Sachs Group Inc.’s headquarters, is borrowing almost $1 billion in part to refinance auction-rate debt, five years after the $330 billion market collapsed.