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NYBC pledges support for Port Authority plan.

Addressing a recent "jobs opportunity" conference co-sponsored by the New York Building Congress and the Port Authority of New York and New Jersey in mid-June, Building Congress President Louis J. Coletti said that the design and construction community will work to expedite implementation of the agency's $5 billion, four-year capital plan.

Citing the 50 percent unemployment rate in the region's building industry, Coletti "pledged the Building Congress' support" for the PA's construction program. This statement drew strong applause from the 125 representatives of the area's major contracting firms participating in the conference, which was titled "Building for the Region's Future." Coletti observed that "the Port Authority had become the nation's preeminent Authority' and is a significant contributor to the NY-NJ region's construction employment and investment activity."

In a similar vein, Port Authority Executive Director Stanley Brezenoff, the conference luncheon speaker, noted that the agency was taking steps to increase oversight and accountability of its programs, but he indicated that any such organizational changes should not be allowed to become obstacles to the programs.

Brezenoff thanked the Congress for its support and he recalled that the Congress had played a significant role last year in helping the Authority obtain a needed $1 tunnel and bridge toll increase. He recognized the importance of the industry's help in that effort and in backing the PA's proposed $3 per passenger levy. The toll increase, he said, is helping fund the Authority's road and tunnel modernization and the passenger levy will back its program to modernize the Metropolitan Area's three primary airports - the Kennedy, LaGuardia and Newark Airports -- and help build rail links to them.

With private-sector construction activity at relative standstill, the conference focus was on the Authority's $5 billion capital plan, and at the the conclusion of the conference program a brochure containing a list of upcoming PA jobs to be put out for bid was distributed to the participants.

In addition, the Port Authority capital plan and its procedures were central to two panel discussions that comprised the conference's formal program. Top-level PA officials manned the two panels, which were titled, "Investments in Tomorrow: Highlights of the 1992-96 Capital Plan," moderated by Robert S. Peckar, Esq., senior partner, Peckar & Abramson, P. C. , and "How to Do Business with the Port Authority," moderated by Francis X. McArdle, managing director of the General Contractors Association.
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Title Annotation:New York Building Congress; development plan for Port Authority of New York and New Jersey
Publication:Real Estate Weekly
Date:Jul 8, 1992
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