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At its monthly meeting on July 23, the Port Authority of New York and New Jersey’s (PANYNJ) board approved several rail-related measures.

The board:
• authorized the expenditure of an additional $500 million of the authority’s $3 billion commitment toward the Access to the Region’s Core mass transit tunnel project;
• approved agreements with the New Jersey Department of Transportation, CSX Transportation and Norfolk Southern Railway for PANYNJ to administer a $3 million program calling for the retrofit of two diesel switchers with ultra-low-emitting Genset technology for use by Conrail; and
• green-lighted a long-term lease agreement with New Jersey Transit for the authority to use 15,790 square feet of the historic Hoboken Ferry Terminal rent free through June 30, 2069, and provide payment of PANYNJ’s remaining commitment of $23 million to NJ Transit toward the terminal’s rehabilitation.

The board also authorized an agreement with Tishman/Turner, a Turner Construction Co. and Tishman Corp. joint venture, to provide construction management support services for the World Trade Center Transportation Hub at an estimated cost of $105 million. The joint venture now will handle services that previously were provided by former construction manager and general contractor Phoenix Constructors.

In April, PANYNJ modified its contract with Phoenix Constructors to allow the authority to bid out all future contracts to take advantage of a highly competitive construction market, and ensure the project remains on budget and on schedule.