Port Authority approves money for projects.The Port Authority of New York and New Jersey Port Authority of New York and New Jersey, self-sustaining public corporation established in 1921 by the states of New York and New Jersey to administer the activities of the New York–New Jersey port area, which has a waterfront of c. has approved $89 million for the Queens West and Hoboken South waterfront The South Waterfront (or SoWa) is a new high-rise district under construction on former brownfield industrial land in the South Portland neighborhood south of Downtown Portland, Oregon. It is one of the largest urban redevelopment projects in the United States. plans, The New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times reported Friday. Citing a report from Bloomsberg, the paper said $65 million of that total will be used to purchase the property and make the required renovations at Queens West, a mixed-use facility in Hunters Point Hunters Point refers to the following places:
In Hoboken, N.J., the remaining $24 million will be used to demolish a pier and create a waterfront park north of the train station, which serves as New Jersey Transits major terminus. The Queens facility, when revamped, will include two million square feet of office space, four apartment complexes and a large hotel. |
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