Port Authority could rescind $1 NJ Transit lease - Los Angeles News | FOX 11 LA KTTV

Port Authority could rescind $1 NJ Transit lease

Posted: Updated:
NJ Transit NJ Transit

NEW YORK (AP) - The Port Authority of New York and New Jersey could rescind a $1-a-year lease for a park-and-ride lot near the Lincoln Tunnel.

The agency's chief of real estate and development told a committee Wednesday that it should change a deal made in 2012. Published reports have alleged that former Port Authority chairman David Samson voted to approve the lease even though his law firm did business with New Jersey Transit, which operates the park-and-ride lot.

The Port Authority recently said Samson recused himself from the vote but it wasn't recorded accurately.

NJ Transit had been paying more than $900,000 in rent for the property in a lease that went through 2013.

The Port Authority delayed voting on the measure Wednesday pending a new appraisal of the property's rental value.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • New Jersey NewsNew Jersey NewsMore>>

  • Dangerous rip currents at NJ, NY beaches

    Dangerous rip currents at NJ, NY beaches

    Wednesday, August 27 2014 4:54 PM EDT2014-08-27 20:54:07 GMT
    Several beaches on the New Jersey and New York coastlines are open to visitors but closed to swimming because of high surf and dangerous rip currents. The National Weather Service has issued a High Surf Advisory and Rip Current Statement for the area beaches because of the effects of Hurricane Cristobal, which is expected to track south and east of the Jersey shore through Thursday.
    Several beaches on the New Jersey and New York coastlines are open to visitors but closed to swimming because of high surf and dangerous rip currents. The National Weather Service has issued a High Surf Advisory and Rip Current Statement for the area beaches because of the effects of Hurricane Cristobal, which is expected to track south and east of the Jersey shore through Thursday.
  • Man kills wife, wounds self at NJ hospital

    Man kills wife, wounds self at NJ hospital

    Wednesday, August 27 2014 11:50 AM EDT2014-08-27 15:50:16 GMT
    Authorities say a man fatally shot his wife and wounded himself at a hospital in southern New Jersey. Camden County Prosecutor's Office spokesman Jason Laughlin says the shooting happened Wednesday at Kennedy University Hospital in Stratford. The man was being treated for his injuries.
    Authorities say a man fatally shot his wife and wounded himself at a hospital in southern New Jersey. Camden County Prosecutor's Office spokesman Jason Laughlin says the shooting happened Wednesday at Kennedy University Hospital in Stratford. The man was being treated for his injuries.

  • Mayor Zimmer urges lawmakers to legalize app-based taxi services

    Mayor Zimmer urges lawmakers to legalize app-based taxi services

    Wednesday, August 27 2014 11:22 AM EDT2014-08-27 15:22:39 GMT
    Hitching a ride in Hoboken should be as simple as tapping a button but as of now, mobile apps like Uber that connect users with drivers through the use of GPS technology are currently illegal in Hoboken. Now, Hoboken Mayor Dawn Zimmer has released a statement expressing her support for Rideshare services and imploring state legislatures to take action.
    Hitching a ride in Hoboken should be as simple as tapping a button but as of now, mobile apps like Uber that connect users with drivers through the use of GPS technology are currently illegal in Hoboken. Now, Hoboken Mayor Dawn Zimmer has released a statement expressing her support for Rideshare services and imploring state legislatures to take action.
Powered by WorldNow

KTTV FOX 11
1999 S. Bundy Dr.
Los Angeles CA 90025

Main: (310) 584-2000
News Tips? (310) 584-2025

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices