Says Agreement to Fix Low Clearance Problem at Bridge Will Ensure Economic Stability for North Jersey Ports
TRENTON – Senate President Stephen M. Sweeney, D-Gloucester, Cumberland and Salem, today praised an agreement between the New York-New Jersey Port Authority and Developer Larry Silverstein that will result in $1 billion committed to fixing the low-clearance problem at Bayonne Bridge which prohibits new super-sized cargo ships from entering Port Newark and Port Elizabeth:
“Today’s announced agreement between Mr. Silverstein and the Port Authority is good news for New Jersey’s economy, and will result in continued economic viability for our North Jersey ports. Our ports are the gateway to the world, allowing goods to come into New Jersey and beyond, and this agreement will guarantee funds so that we can be ready for the future of domestic and international shipping.
“It also marks progress in breaking up the logjam of development at the World Trade Center site. The construction of new facilities at the site means we will finally get a fitting tribute to those who died on September 11, and we will be able to create new construction jobs for skilled laborers throughout the tri-state area. As New Jersey and the country continue to feel the impact of a global recession, the development of the World Trade Center site is going to be a huge benefit to our regional economy.”