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PA begins site search for new tunnel.


After authorizing the largest contribution to date toward the Trans-Hudson Express THE Tunnel of up to $2 billion in July July: see month. , the Port Authority Board of Commissioners has authorized au·thor·ize  
tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es
1. To grant authority or power to.

2. To give permission for; sanction:
 the start of identifying and eventually acquiring property in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 for the project's construction.

The THE Tunnel will connect New York City to New Jersey and to Rockland and Orange counties in New York There are sixty-two counties in the State of New York. Five of these are boroughs of New York City and do not have functioning county governments. New York City encompasses five counties, and is the county seat of all five of them: New York County (Manhattan), Kings County (Brooklyn), .

The project includes the expansion of New York's Penn Station beneath 34th Street in Manhattan. The Board's action makes up to $75 million available for property acquisition as part of the Port Authority's overall commitment to the THE Tunnel project. In July, the Port Authority allocated $10 million for the project's preliminary planning and engineering activities.

The $75 million for property acquisition is the second allocation The apportionment or designation of an item for a specific purpose or to a particular place.

In the law of trusts, the allocation of cash dividends earned by a stock that makes up the principal of a trust for a beneficiary usually means that the dividends will be treated as
 from the up to $2 billion the Port Authority has committed to the project. The Port Authority allocated $10 million in July for preliminary planning and engineering activities.
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Publication:Real Estate Weekly
Date:Nov 1, 2006
Words:158
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