"We've all grown accustomed to criticizing government. It's practically a civic pastime in New York. From bureaucratic delays to budget overruns, the list of grievances is long and often justified. But every so often, government gets something big right and when that happens, it deserves recognition. One example in a category of its own is the resurgence of the Port Authority of New York and New Jersey under executive director Rick Cotton, who is stepping down in January."
"The Port Authority is a unique public enterprise. Created in 1921 by a bistate compact and act of Congress, its leadership is a dual report to the governors of New Jersey and New York, through a jointly appointed board which generally leaves intrastate decisions to the affected state. Officially, the governors' power is limited to being able to veto the minutes of board meetings, essentially rejecting any action taken at them."
New Yorkers often criticize government, yet government can produce significant successes. Rick Cotton presided over a resurgence at the Port Authority of New York and New Jersey and will step down in January after a long tenure. The Port Authority manages ports, bridges, tunnels, airports, mass transit and commercial real estate including the World Trade Center. The agency was established in 1921 by a bistate compact and an act of Congress and reports to both state governors via a jointly appointed board. Governors formally can veto board minutes, while board members typically align with their appointing governors. Post-September 11 priorities shifted attention among asset classes, reducing focus on airports.
Read at www.amny.com
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