NY-NJ Port Authority May Cut Capital Plans by $1.2B
(source:https://www.enr.com/articles/50802-ny-nj-port-authority-may-cut-capital-plans-by-12b) Capital spending by the Port Authority of New York and New Jersey in 2021 could be cut by as much as a third under what agency executive director Rick Cotton calls “an austerity budget” proposed last week. Repeating a 24-month, $3-billion revenue loss and potential project cuts noted in May as a result of pandemic-curbed