With the approval of its $8 billion 2018 budget on Thursday, the Port Authority of New York and New Jersey plans to spend more than $1 billion on major redevelopment projects at LaGuardia, Newark Liberty International and JFK Airports next year. The agency’s board of commissioners approved a budget that allocates $3.2 billion for operating expenses and $3.4 billion for capital expenses. According to the Wall Street Journal, $578 million will be put toward the $8 billion redevelopment of LaGuardia and $167 million toward a $2.3 billion redevelopment plan of Newark’s Terminal A.
Newark Liberty Airport
Photo via Paul Sableman/Flickr
A new proposal from the Port Authority of New York and New Jersey would extend the PATH system’s Newark to World Trade Center line from its current terminus at Newark Penn Station to the Newark Liberty Rail Link Station (Airport Station) at Newark Liberty International Airport. The addition would allow better transit access to and from the airport for Lower Manhattan and Bergen, Hudson, and Essex Counties in New Jersey–there is currently no pedestrian or bus access to the Airport Station. The Port Authority is holding two public meetings this week in Newark to discuss the project’s scope.