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The Port Authority of New York and New Jersey (PANYNJ) is a bi-state public agency that operates transportation and infrastructure facilities in the New York metropolitan area. The agency was created in 1921 by an interstate compact between the states of New York and New Jersey, and it is headquartered in New York City.
The Port Authority is responsible for operating and maintaining a wide range of facilities and services, including airports, bridges, tunnels, ports, and public transportation systems. Some of the most well-known facilities operated by the Port Authority include John F. Kennedy International Airport, LaGuardia Airport, the George Washington Bridge, the Lincoln Tunnel, and the PATH rapid transit system.
In addition to its transportation and infrastructure operations, the Port Authority also engages in economic development and real estate activities. It owns and manages a number of commercial and office buildings in the New York metropolitan area, including the World Trade Center complex in Lower Manhattan.
The Port Authority is governed by a board of commissioners, which is appointed by the governors of New York and New Jersey. It is a self-sustaining agency, funded through the revenue generated by its facilities and services.
