“This development will not impact day-to-day activity at the Bus Station,” said Port Authority spokesperson Steve Coleman, in a statement. The bus terminal provides some 5 million trips a year. In 2017, then-Port Authority Chairman John Degnan called the public-private partnership, which opened years late, “an embarrassment to the Port Authority and should be an embarrassment to the developer and to the contractor.”Īmong the folks to whom the developer says it owes money is contractor, Tutor Perini Building Corporation, which has separately sued the Port Authority of New York and New Jersey over delays and cost overruns. Since then, the project has been mired in delays and contract disputes. “At the same time, we’ll be putting more than 700 people to work, providing a major boost to the regional economy.” “Through this unique partnership, the Port Authority will help ease the commute for people on both sides of the river by reducing traffic on the world’s busiest bridge,” said former Port Authority Chairman (and now-felon) David Samson, in 2011, after the deal was lightly amended. The project, announced in 2008 at an original cost of $180 million, called for the developer to build a modern bus terminal, with updated gates, a better waiting area, better connections to the subway and the creation of 119,000 square feet of “first-class retail space.”
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