The Port Authority of New York and New Jersey, (PANYNJ; stylized, in logo since 2020, as Port Authority NY NJ) is a joint venture between the U.S. states of New York and New Jersey, established in 1921 through an interstate compact authorized by the United States Congress. The Port Authority oversees much of the regional transportation infrastructure, including bridges, tunnels, airports, and seaports, within the geographical jurisdiction of the Port of New York and New Jersey. This port district is generally encompassed within a radius of the Statue of Liberty National Monument. The Port Authority is headquartered at 4 World Trade Center.
The Port Authority operates the Port Newark–Elizabeth Marine Terminal, which handled the third-largest volume of shipping among all ports in the United States in 2004, and the largest on the Eastern Seaboard. The Port Authority also operates six bi-state crossings: three connecting New Jersey with Manhattan, and three connecting New Jersey with Staten Island. The Port Authority Bus Terminal and the PATH rail system are also run by the Port Authority, as well as LaGuardia Airport, John F. Kennedy International Airport, Newark Liberty International Airport, Teterboro Airport and Stewart International Airport. The agency has its own 2,232-member Port Authority Police Department.
History
The Port of New York and New Jersey comprised the main point of embarkation for U.S. troops and supplies sent to Europe during World War I, via the New York Port of Embarkation. The congestion at the port led experts to realize the need for a port authority to supervise the extremely complex system of bridges, highways, subways, and port facilities in the New York-New Jersey area. The solution was the 1921 creation of the Port Authority under the supervision of the governors of the two states. By issuing its own bonds, it was financially independent of either state; the bonds were paid off from tolls and fees, not from taxes. It became one of the major agencies of the metropolitan area for large-scale projects. Early bond issues were tied to specific projects, but this changed in 1935 when the Authority issued General and Refunding bonds with a claim on its general revenues.
Previous disputes
In the early years of the 20th century, there were disputes between the states of New Jersey and New York over rail freights and boundaries. At the time, rail lines terminated on the New Jersey side of the harbor, while ocean shipping was centered on Manhattan and Brooklyn. Freight had to be shipped across the Hudson River in barges. In 1916, New Jersey launched a lawsuit against New York over issues of rail freight, with the Interstate Commerce Commission (ICC) issuing an order that the two states work together, subordinating their own interests to the public interest. The Harbor Development Commission, a joint advisory board set-up in 1917, recommended that a bi-state authority be established to oversee efficient economic development of the port district. The Port of New York Authority was established on April 30, 1921, through an interstate compact between the states of New Jersey and New York. This was the first such agency in the United States, created under a provision in the Constitution of the United States permitting interstate compacts. The idea for the Port Authority was conceived during the Progressive Era, which aimed at the reduction of political corruption and at increasing the efficiency of government. With the Port Authority at a distance from political pressures, it was able to carry longer-term infrastructure projects irrespective of the election cycles and in a more efficient manner. In 1972 it was renamed the Port Authority of New York and New Jersey to better reflect its status as a partnership between the two states.
Throughout its history, there have been concerns about democratic accountability, or lack thereof at the Port Authority. The Port District is irregularly shaped but comprises a area roughly within a radius of the Statue of Liberty.