The Port Authority on Tuesday announced that it would come to terms with all its bridges, tunnels and trains to support its infrastructure improvements and rising construction costs.
including a new "ground transportation access fee" at the region's three major airports, a $ 4 charge for both pickups and drop-offs at Ride-Hail Services and a $ 4 pickup fee for taxi trips. At the same time, airport AirTrain fares would jump from $ 5 to $ 7.75.
The changes will take effect at varying times, between this November and late 2020, and are subject to the Port Authority board's approval. As the Port Authority is pleased to announce the increase to the board this Thursday, it will propose a revised capital plan for 201
A significant portion of that capital plan includes $ 390 million LaGuardia AirTrain project, a key priority of Gov. Andrew Cuomo. The Port Authority now expects the new monetization to cost $ 2.05 billion, up from the previous estimate of $ 1.5 billion and significantly higher than the original proposed cost of $ 450 million outlined in 2014.
During a briefing with reporters earlier Tuesday, senior Port Authority officials insisted that 94% of that capital plan increase, or $ 4.5 billion, would be generated through revenue generated at the PA.
"These benefits are increasing and are being measured and measured," said Rick Cotton, the Port Authority's executive director, in a statement. "So we are looking to spread the leaps and bounds.
In addition to frustrating commuters, the proposal is out of print -hail industries, many of whom are wading through a financial crisis while so protesting other new congestion-related fees from the state. Bhairavi Desai, New York City Taxi Workers Alliance, "We'll be organizing."
"When charging drivers for trips in Manhattan, the airports remain the only other viable option [for yellow cabbies]"She added. "The Port Authority and the MTA have a management problem, and that should be addressed first and foremost – especially at the Port Authority, which is a quasi-private agency."