New York Port Authority Reveals More Subpoenas in Filing
Terrence Dopp and Martin Z. Braun
The Port Authority of New York & New Jersey disclosed an expanded list of state and federal subpoenas it’s received as part of investigations that stem from intentional lane closings at the George Washington Bridge.
In a bond prospectus dated Aug. 6, the agency listed subpoenas seeking information about its activities at properties including a port in Brooklyn, the Atlantic City airport and a former military terminal in Bayonne, New Jersey. It also includes inquiries about projects already known to be subjects of interest, such as the financing of repairs on the Pulaski Skyway, the project to raise the Bayonne Bridge and the affair last year known as Bridgegate.
The disclosures mark the fullest accounting yet of the scope of the probes by U.S. Attorney Paul Fishman, Manhattan District Attorney Cyrus Vance Jr., the U.S. Securities and Exchange Commission and a legislative committee in New Jersey. Revelations about the agency have triggered the resignations of three officials and the creation of a panel assembled by the governors of both states to study its management structure.
“This was an agency in crisis and hopefully with some new leadership they’re going to start turning it around,” New Jersey Senator Loretta Weinberg, a Democrat who is co-chairwoman of the legislative investigation panel, said in a telephone interview. “It’s about transparency and ethics.”
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