This is an accepted version of this page
132-498: The Port Authority of New York and New Jersey , ( PANYNJ ; stylized, in logo since 2020, as Port Authority NY NJ ) is a joint venture between the U.S. states of New York and New Jersey , established in 1921 through an interstate compact authorized by the United States Congress . The Port Authority oversees much of the regional transportation infrastructure, including bridges, tunnels, airports, and seaports , within
264-503: A royal house . A few of the smaller states survived, such as the independent principalities of Liechtenstein , Andorra , Monaco , and the republic of San Marino . Most theories see the nation state as a 19th-century European phenomenon, facilitated by developments such as state-mandated education, mass literacy , and mass media . However, historians also note the early emergence of a relatively unified state and identity in Portugal and
396-439: A 2.2 percent average ROA, while wholly owned and controlled affiliates in the U.S. only realized a 0.7 percent ROA." In European law , the term "joint venture" is an exclusive legal concept, better defined under the rules of company law . In France , the term "joint venture" is variously translated as "association d'entreprises", "entreprise conjointe", "coentreprise" or "entreprise commune". A JV can be brought about in
528-708: A JV aimed at defining standards or serving as an "industry utility" that provides a narrow set of services to industry participants. Some major joint ventures include United Launch Alliance , Vevo , Hulu , Virgin Media O2 , Penske Truck Leasing , and Owens-Corning . According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates . He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to
660-476: A casualty of investigations into the " Bridgegate " scandal. Basil Paterson , father of former Governor David Paterson , served on the board from 1989–95, and again from 2013–14. The current commissioners are: On July 14, 2016, David Samson pleaded guilty to a felony for conspiring to impede an airport project to coerce United Airlines to reinstate a discontinued flight to an airport in South Carolina, near
792-507: A claim on its general revenues. In the early years of the 20th century, there were disputes between the states of New Jersey and New York over rail freights and boundaries. At the time, rail lines terminated on the New Jersey side of the harbor, while ocean shipping was centered on Manhattan and Brooklyn. Freight had to be shipped across the Hudson River in barges. In 1916, New Jersey launched
924-517: A company. By its formation, the JV becomes a new entity with the implications that: On the receipt of the Certificate of Incorporation, a company can commence its business. This is a legal area and is fraught with difficulty as the laws of countries differ, particularly on the enforceability of "heads of" or shareholder agreements. For some legal reasons, it may be called a Memorandum of Understanding . It
1056-434: A federal state) is a political entity characterized by a union of partially self-governing provinces, states, or other regions under a central federal government ( federalism ). In a federation, the self-governing status of the component states, as well as the division of power between them and the central government, is typically constitutionally entrenched and may not be altered by a unilateral decision of either party,
1188-760: A home that he owned. He was appointed by Chris Christie. The Port Authority of New York and New Jersey manages and maintains infrastructure critical to the New York/New Jersey region's trade and transportation network—five of the region's airports, the New York/New Jersey seaport, the PATH rail transit system, six tunnels and bridges between New York and New Jersey, the Port Authority Bus Terminal and George Washington Bridge Bus Station in Manhattan and The World Trade Center site. The Port of New York and New Jersey
1320-507: A lawsuit against New York over issues of rail freight, with the Interstate Commerce Commission (ICC) issuing an order that the two states work together, subordinating their own interests to the public interest. The Harbor Development Commission, a joint advisory board set-up in 1917, recommended that a bi-state authority be established to oversee efficient economic development of the port district. The Port of New York Authority
1452-574: A limited way, empirically or normatively, and on whether conflict or co-operation is more essential to it. A variety of methods are deployed in politics, which include promoting one's own political views among people, negotiation with other political subjects, making laws , and exercising internal and external force , including warfare against adversaries. Politics is exercised on a wide range of social levels, from clans and tribes of traditional societies, through modern local governments , companies and institutions up to sovereign states , to
SECTION 10
#17328485198431584-787: A political entity that has monopoly on violence within its territory, while the Montevideo Convention holds that states need to have a defined territory; a permanent population; a government; and a capacity to enter into international relations. A stateless society is a society that is not governed by a state . In stateless societies, there is little concentration of authority ; most positions of authority that do exist are very limited in power and are generally not permanently held positions; and social bodies that resolve disputes through predefined rules tend to be small. Stateless societies are highly variable in economic organization and cultural practices. While stateless societies were
1716-485: A principal disadvantage is absence of an interested and influential Chinese party. As of the 3rd Quarter of 2004, WFOEs had replaced EJVs and CJVs as follows: (*)=Financial Vventures by EJVs/CJVs (**)=Approved JVs These enterprises are formed under the Sino-Foreign Investment Act. The capital is composed of value of stock in exchange for the value of the property given to the enterprise. The liability of
1848-522: A result of political campaigns by nationalists , during the 19th century. In both cases, the territory was previously divided among other states, some of them very small. Liberal ideas of free trade played a role in German unification, which was preceded by a customs union , the Zollverein . National self-determination was a key aspect of United States President Woodrow Wilson 's Fourteen Points , leading to
1980-539: A result of some shared rational interest. The theories largely focus on the development of agriculture, and the population and organizational pressure that followed and resulted in state formation. One of the most prominent theories of early and primary state formation is the hydraulic hypothesis , which contends that the state was a result of the need to build and maintain large-scale irrigation projects. Conflict theories of state formation regard conflict and dominance of some population over another population as key to
2112-518: A single-tube tunnel; a second tube opened in 1945, and a third tube opened in 1957. In 1962, the Port Authority absorbed the bankrupt Hudson & Manhattan Railroad and reorganized it as Port Authority Trans-Hudson (PATH) . As part of the deal, the Port Authority acquired the rights to build the original World Trade Center on the site of the old Hudson Terminal , one of two terminals in Manhattan for H&M/PATH. In 1942, Austin J. Tobin became
2244-481: A society. The history of political thought can be traced back to early antiquity, with seminal works such as Plato 's Republic , Aristotle 's Politics , Confucius 's political manuscripts and Chanakya 's Arthashastra . The English word politics has its roots in the name of Aristotle 's classic work, Politiká , which introduced the Ancient Greek term politiká ( Πολιτικά , 'affairs of
2376-915: A station on the Northeast Corridor rail line, and the AirTrain JFK system linking JFK with the Howard Beach subway station and the Jamaica subway and Long Island Rail Road stations . Major bus depots include the Port Authority Bus Terminal at 42nd Street , the George Washington Bridge Bus Station , and the Journal Square Transportation Center in Jersey City. The PANYNJ is a major stakeholder in
2508-497: A way to enhance the agency's power and prestige, and agreed to the project. The Port Authority was the overseer of the World Trade Center, hiring the architect Minoru Yamasaki and engineer Leslie Robertson . Yamasaki ultimately settled on the idea of twin towers. To meet the Port Authority's requirement to build 10 million square feet (930,000 m) of office space, the towers would each be 110 stories tall. The size of
2640-487: Is a business entity created by two or more parties, generally characterized by shared ownership , shared returns and risks , and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market ; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. Most joint ventures are incorporated, although some, as in
2772-404: Is allowed to enter into contracts with appropriate government authorities to acquire land use rights, rent buildings, and receive utility services. In this it is more similar to a CJV than an EJV. WFOEs are expected by PRC to use the most modern technologies and to export at least 50% of their production, with all of the investment is to be wholly provided by the foreign investor and the enterprise
SECTION 20
#17328485198432904-417: Is based on the use of power, irrespective of the ends being pursued. Agonism argues that politics essentially comes down to conflict between conflicting interests. Political scientist Elmer Schattschneider argued that "at the root of all politics is the universal language of conflict", while for Carl Schmitt the essence of politics is the distinction of 'friend' from 'foe'. This is in direct contrast to
3036-552: Is closely linked to ethics , and is at its extreme in utopian thinking. For example, according to Hannah Arendt , the view of Aristotle was that, "to be political…meant that everything was decided through words and persuasion and not through violence"; while according to Bernard Crick , "politics is the way in which free societies are governed. Politics is politics, and other forms of rule are something else." In contrast, for realists, represented by those such as Niccolò Machiavelli , Thomas Hobbes , and Harold Lasswell , politics
3168-598: Is continually being written by the legislative and judiciary branch of government; this is just one of those cases in which the nature of the circumstances determines the form of government that is most appropriate. England did set the fashion of written constitutions during the Civil War but after the Restoration abandoned them to be taken up later by the American Colonies after their emancipation and then France after
3300-592: Is described below. The EJV Law is between a Chinese partner and a foreign company. It is incorporated in both Chinese (official) and in English (with equal validity), with limited liability. Prior to China's entry into WTO – and thus the WFOEs – EJVs predominated. In the EJV mode, the partners share profits, losses, and risk in equal proportion to their respective contributions to the venture's registered capital. These escalate upwardly in
3432-465: Is done in parallel with other activities in forming a JV. Though dealt with briefly for a shareholders' agreement , some issues must be dealt with here as a preamble to the discussion that follows. There are also many issues which are not in the Articles when a company starts up or never ever present. Also, a JV may elect to stay as a JV alone in a "quasi partnership" to avoid any nonessential disclosure to
3564-437: Is embedded in a particular political culture. Lucian Pye 's definition is that, "Political culture is the set of attitudes, beliefs, and sentiments, which give order and meaning to a political process and which provide the underlying assumptions and rules that govern behavior in the political system." Trust is a major factor in political culture, as its level determines the capacity of the state to function. Postmaterialism
3696-411: Is methodologically diverse and appropriates many methods originating in psychology , social research , and cognitive neuroscience . Approaches include positivism , interpretivism , rational choice theory , behavioralism , structuralism , post-structuralism , realism , institutionalism , and pluralism . Political science, as one of the social sciences , uses methods and techniques that relate to
3828-572: Is not limited to modern institutions of government . Frans de Waal argued that chimpanzees engage in politics through "social manipulation to secure and maintain influential positions". Early human forms of social organization—bands and tribes—lacked centralized political structures. These are sometimes referred to as stateless societies . In ancient history, civilizations did not have definite boundaries as states have today, and their borders could be more accurately described as frontiers . Early dynastic Sumer , and early dynastic Egypt were
3960-652: Is planned to be extended from its terminus at Newark Penn Station to a new Newark Liberty International Airport Station . The PANYNJ announced in March 2023 that it was deferring funding for the Newark Airport extension to a future capital plan. Another Port Authority project involves redeveloping LaGuardia Airport, replacing three existing terminals with a single terminal. Terminal B would be demolished and terminals C and D would be merged. Some 2 miles (3.2 km) of additional taxiways are to be built, and transportation around
4092-419: Is referred to as political science . Politics may be used positively in the context of a "political solution" which is compromising and non-violent, or descriptively as "the art or science of government", but the word often also carries a negative connotation. The concept has been defined in various ways, and different approaches have fundamentally differing views on whether it should be used extensively or in
Port Authority of New York and New Jersey - Misplaced Pages Continue
4224-632: Is the degree to which a political culture is concerned with issues which are not of immediate physical or material concern, such as human rights and environmentalism . Religion has also an impact on political culture. Political corruption is the use of powers for illegitimate private gain, conducted by government officials or their network contacts. Forms of political corruption include bribery , cronyism , nepotism , and political patronage . Forms of political patronage, in turn, includes clientelism , earmarking , pork barreling , slush funds , and spoils systems ; as well as political machines , which
4356-465: Is the largest port complex on the East Coast of North America. In 2021, Port Authority seaports handled the fourth largest amount of shipping among U.S. ports, measured in total tonnage. As of August 2022, the Port Authority led the country when considering only containers and not bulk materials such as petroleum and grain. The Port Authority operates the following seaports : The Port Authority operates
4488-418: Is the science of comparison and teaching of different types of constitutions , political actors, legislature and associated fields. International relations deals with the interaction between nation-states as well as intergovernmental and transnational organizations. Political philosophy is more concerned with contributions of various classical and contemporary thinkers and philosophers. Political science
4620-464: Is what will happen if the firm is dissolved, if one of the partners dies, or if the firm is sold. Often, the most successful JVs are those with 50:50 partnership with each party having the same number of directors but rotating control over the firm, or rights to appoint the Chairperson and Vice-chair of the company. Sometimes a party may give a separate trusted person to vote in its place proxy vote of
4752-505: Is within his total control. WFOEs are typically limited liability enterprises. Like with EJVs, but the liability of the directors, managers, advisers, and suppliers depends on the rules which govern the Departments or Ministries which control product liability, worker safety or environmental protection. An advantage the WFOE enjoys over its alternates is enhanced protection of its know-how but
4884-655: The Arthur Kill , which separates Staten Island from New Jersey. The Goethals Bridge , named after chief engineer of the Panama Canal Commission General George Washington Goethals , connected Elizabeth, New Jersey and Howland Hook, Staten Island . At the south end of Arthur Kill, the Outerbridge Crossing was built and named after the Port Authority's first chairman, Eugenius Harvey Outerbridge . Construction of both bridges
5016-710: The Dutch Republic . Scholars such as Steven Weber , David Woodward , Michel Foucault , and Jeremy Black have advanced the hypothesis that the nation state did not arise out of political ingenuity or an unknown undetermined source, nor was it an accident of history or political invention. Rather, the nation state is an inadvertent byproduct of 15th-century intellectual discoveries in political economy , capitalism , mercantilism , political geography , and geography combined with cartography and advances in map-making technologies . Some nation states, such as Germany and Italy , came into existence at least partly as
5148-590: The ExpressRail rail services within the seaport area, including dockside trackage and railyards for transloading . It interchanges with Conrail Shared Assets Operations (CRCX) on the Chemical Coast Secondary, Norfolk Southern (NS), CSX Transportation (CSX), and Canadian Pacific (CP). From January through October 2014 the system handled 391,596 rail lifts . As of 2014, three ExpressRail systems (Elizabeth, Newark, Staten Island) were in operation with
5280-643: The Gateway Program . The program will upgrade the Northeast Corridor by building two new tunnels under the Hudson River paralleling the existing North River Tunnels , as well as connecting infrastructure. The Port Authority also owns and operates a network of shuttle buses on its airport properties. As of 2017, the agency operates 23 Orion buses at Newark Airport, 7 at LaGuardia Airport, and 40 at JFK Airport, all purchased in 2007 and 2009. The Port Authority also participates in joint development ventures around
5412-726: The Goethals Bridge , the Bayonne Bridge , and the Outerbridge Crossing , which connect Staten Island and New Jersey . They also maintain many entrances approaches to these crossings, such as the GWB Plaza and Lincoln Tunnel Helix . The Port Authority operates the PATH rapid transit system linking lower and midtown Manhattan with New Jersey, the AirTrain Newark system linking Newark International Airport with NJ Transit and Amtrak via
Port Authority of New York and New Jersey - Misplaced Pages Continue
5544-576: The Pennsylvania Railroad in 1910 (" North River Tunnels "). Under an independent agency, the Holland Tunnel was opened in 1927, with some planning and construction pre-dating the Port Authority. With the rise in automobile traffic, there was demand for more Hudson River crossings. Using its ability to issue bonds and collect revenue, the Port Authority has built and managed major infrastructure projects. Early projects included bridges across
5676-656: The Revolution and the rest of Europe including the European colonies. Constitutions often set out separation of powers , dividing the government into the executive , the legislature , and the judiciary (together referred to as the trias politica), in order to achieve checks and balances within the state. Additional independent branches may also be created, including civil service commissions , election commissions , and supreme audit institutions . Political culture describes how culture impacts politics. Every political system
5808-709: The South Jersey Transportation Authority , which leases the airport site from the FAA . JFK, LaGuardia, and Newark Liberty as a whole form the largest airport system in the United States, second in the world in terms of passenger traffic, and first in the world by total flight operations, with JFK being the 19th busiest in the world and the 6th busiest in the U.S. The Authority operated the Downtown Manhattan Heliport ( Manhattan , New York) until
5940-521: The State of New York to locate government offices at the World Trade Center. In August 1968, construction on the World Trade Center's north tower started, with construction on the south tower beginning in January 1969. When the World Trade Center twin towers were completed, the total cost to the Port Authority had reached $ 900 million. The buildings were dedicated on April 4, 1973, with Tobin, who had retired
6072-710: The Uruk period and Predynastic Egypt respectively around approximately 3000 BC. Early dynastic Egypt was based around the Nile River in the north-east of Africa , the kingdom's boundaries being based around the Nile and stretching to areas where oases existed. Early dynastic Sumer was located in southern Mesopotamia , with its borders extending from the Persian Gulf to parts of the Euphrates and Tigris rivers. Egyptians, Romans, and
6204-595: The World Trade Center site , the Port Authority has worked since 2001 on plans for reconstruction of the site, along with Silverstein Properties , and the Lower Manhattan Development Corporation . In 2006, the Port Authority reached a deal with Larry Silverstein , which ceded control of One World Trade Center to the Port Authority. The deal gave Silverstein rights to build three towers along
6336-476: The World Trade Organization (WTO) around 2001 has had profound effects on foreign investment. Not being a JV, they are considered here only in comparison or contrast. To implement WTO commitments, China publishes from time to time updated versions of its "Catalogs Investments" (affecting ventures) prohibited, restricted. The WFOE is a Chinese legal person and has to obey all Chinese laws. As such, it
6468-436: The World Trade Organization . The study of politics is called political science , It comprises numerous subfields, namely three: Comparative politics , international relations and political philosophy . Political science is related to, and draws upon, the fields of economics , law , sociology , history , philosophy , geography , psychology , psychiatry , anthropology , and neurosciences . Comparative politics
6600-647: The first civilizations to define their borders . Moreover, up to the 12th century, many people lived in non-state societies. These range from relatively egalitarian bands and tribes to complex and highly stratified chiefdoms . There are a number of different theories and hypotheses regarding early state formation that seek generalizations to explain why the state developed in some places but not others. Other scholars believe that generalizations are unhelpful and that each case of early state formation should be treated on its own. Voluntary theories contend that diverse groups of people came together to form states as
6732-412: The international level . In modern nation states , people often form political parties to represent their ideas. Members of a party often agree to take the same position on many issues and agree to support the same changes to law and the same leaders. An election is usually a competition between different parties. A political system is a framework which defines acceptable political methods within
SECTION 50
#17328485198436864-464: The oil and gas industry , are "unincorporated" joint ventures that mimic a corporate entity. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are " co-venturers ". The venture can be a business JV (for example, Dow Corning), a project/asset JV intended to pursue one specific project only, or
6996-450: The "constitution" of a company in these countries. The articles of association regulate the interaction between shareholders and the directors of a company and can be a lengthy document of up to 700,000 or so pages. It deals with the powers relegated by the stockholders to the directors and those withheld by them, requiring the passing of ordinary resolutions , special resolutions and the holding of Extraordinary General Meetings to bring
7128-917: The 18th century, the classic non-national states were the multinational empires : the Austrian Empire , Kingdom of France , Kingdom of Hungary , the Russian Empire , the Spanish Empire , the Ottoman Empire , and the British Empire . Such empires also existed in Asia, Africa, and the Americas; in the Muslim world , immediately after the death of Muhammad in 632, Caliphates were established, which developed into multi-ethnic transnational empires. The multinational empire
7260-571: The 4th century granted citizenship rights to their free population; in Athens these rights were combined with a directly democratic form of government that was to have a long afterlife in political thought and history. The Peace of Westphalia (1648) is considered by political scientists to be the beginning of the modern international system, in which external powers should avoid interfering in another country's domestic affairs. The principle of non-interference in other countries' domestic affairs
7392-466: The Board of Commissioners after an ethics investigation revealed that her attempt to intervene in a traffic stop for her daughter included what the Port Authority described as "profoundly disturbing" conduct. New Jersey police released a videotape of her attempting to leverage her position at the Port Authority to intimidate police officers, following a routine traffic stop of a vehicle in which her adult daughter
7524-456: The DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies' wholly owned and controlled affiliates (the vast majority of which are wholly owned) realized a slightly lower 5.2 percent ROA. The same story holds true for investments by foreign companies in the U.S., but the difference is more pronounced. U.S.-based joint ventures realized
7656-537: The Fort Lee entrances (used by local traffic from Fort Lee and surrounding communities) to the upper level on the George Washington Bridge , which connects to Manhattan , were reduced from three to one from September 9–13, 2013. The toll lane closures caused massive Fort Lee traffic back-ups, which affected public safety due to extensive delays by police and emergency service providers and disrupted schools due to
7788-626: The Founder at board meetings. Recently, in a major case the Indian Supreme Court has held that Memorandums of Understanding (whose details are not in the articles of association) are "unconstitutional" giving more transparency to undertakings. A JV is not a permanent structure. It can be dissolved when: Joint ventures are risky forms of business partnerships . Literature in business and management has paid attention to different factors of conflict and opportunism in joint ventures, in particular
7920-562: The Greeks were the first people known to have explicitly formulated a political philosophy of the state, and to have rationally analyzed political institutions. Prior to this, states were described and justified in terms of religious myths. Several important political innovations of classical antiquity came from the Greek city-states ( polis ) and the Roman Republic . The Greek city-states before
8052-459: The JV's life, giving the option to the foreign investor, by holding higher equity, obtains a faster rate of return with the concurrent wish of the Chinese partner of a later larger role of maintaining long-term control. The parties in any of the ventures, EJV, CJV or WFOE prepare a feasibility study outlined above. It is a non-binding document – the parties are still free to choose not to proceed with
SECTION 60
#17328485198438184-477: The Port Authority centered on tax issues. A final agreement was made that the Port Authority would make annual payments in lieu of taxes, for the 40% of the World Trade Center leased to private tenants. The remaining space was to be occupied by state and federal government agencies. In 1962, the Port Authority signed the United States Customs Service as a tenant, and in 1964 they signed a deal with
8316-529: The Port Authority for operating purposes. Newark Liberty is owned by the cities of Elizabeth and Newark and is also leased to the Authority. In 2007, Stewart International Airport , owned by the State of New York , was leased to the Port Authority. The Port Authority officially took over select management functions of the Atlantic City International Airport on July 1, 2013, in conjunction with
8448-584: The Port Authority's policies. Under an informal power-sharing agreement, the governor of New Jersey chooses the chairman of the board and the deputy executive director, while the governor of New York selects the vice chairman and executive director. The Port Authority is headquartered at 4 World Trade Center in Lower Manhattan . The agency was headquartered at 1 World Trade Center in the first World Trade Center complex, where it occupied 22,411 square feet (2,082.1 m) of space. It had been headquartered in
8580-532: The Port Authority. The Port District is irregularly shaped but comprises a 1,500-square-mile (3,900 km) area roughly within a 25-mile (40 km) radius of the Statue of Liberty. At the beginning of the 20th century, there were no road bridge or tunnel crossings between the two states. The initial tunnel crossings were completed privately by the Hudson and Manhattan Railroad in 1908 and 1909 ("Hudson Tubes"), followed by
8712-528: The US) covering know-how and trademarks and supply-of-equipment agreements. The minimum equity is prescribed for investment truncated, where the foreign equity and debt levels are: There are also intermediary levels. The foreign investment in the total project must be at least 25%. No minimum investment is set for the Chinese partner. The timing of investments must be mentioned in the Agreement and failure to invest in
8844-461: The WTC complex beginning in 1973. After the previous headquarters were destroyed in the September 11, 2001 attacks , the Port Authority moved into 225 Park Avenue South in Midtown Manhattan , with employees divided between offices in New York and New Jersey, before returning to the World Trade Center in 2015. Financially, the Port Authority has no power to tax and does not receive tax money from any local or state governments. Instead, it operates on
8976-405: The World Trade Center. Eighty-four employees, including 37 Port Authority police officers, its executive director, Neil D. Levin , and police superintendent, Fred V. Morrone , died. In rescue efforts following the collapse, two Port Authority police officers, John McLoughlin and Will Jimeno , were pulled out alive after spending nearly 24 hours beneath 30 feet (9.1 m) of rubble. Their rescue
9108-402: The airports into fee-generating facilities, adding stores and restaurants. David Rockefeller , president of Chase Manhattan Bank , envisioned a World Trade Center for lower Manhattan . Realizing that he needed public funding in order to construct the massive project, he approached Tobin. Although many questioned the Port Authority's entry into the real estate market, Tobin saw the project as
9240-414: The attack. The Port Authority was ruled to be negligent. The terrorist attacks of September 11, 2001 , and the subsequent collapse of the World Trade Center buildings impacted the Port Authority. With the Port Authority's headquarters located in 1 World Trade Center, it became deprived of a base of operations and sustained a great number of casualties. An estimated 1,400 Port Authority employees worked in
9372-461: The cases, the status of the formed enterprise is that of a legal Chinese person which can hire labor directly as, for example, a Chinese national contactor. The minimum of the capital is registered at various levels of investment. Other differences from the EJV are to be noted: Convenience and flexibility are the characteristics of this type of investment. It is therefore easier to find co-operative partners and to reach an agreement. With changes in
9504-944: The cities') . In the mid-15th century, Aristotle's composition would be rendered in Early Modern English as Polettiques [ sic ], which would become Politics in Modern English . The singular politic first attested in English in 1430, coming from Middle French politique —itself taking from politicus , a Latinization of the Greek πολιτικός ( politikos ) from πολίτης ( polites , 'citizen') and πόλις ( polis , 'city'). There are several ways in which approaching politics has been conceptualized. Adrian Leftwich has differentiated views of politics based on how extensive or limited their perception of what accounts as 'political' is. The extensive view sees politics as present across
9636-637: The city was having difficulties maintaining the status quo, losing money and unable to undertake needed expansions. The city was looking to hand the airports over to a public authority , possibly to Robert Moses ' Triborough Bridge and Tunnel Authority . After long negotiations with the City of New York, a 50-year lease, commencing on May 31, 1947, went to the Port Authority of New York to rehabilitate, develop, and operate La Guardia Airport (La Guardia Field), John F. Kennedy International Airport (Idlewild Airport), and Floyd Bennett Field . The Port Authority transformed
9768-525: The construction of a fourth at Port Jersey underway. The Port Authority operates New York New Jersey Rail, LLC (NYNJ), a switching and terminal railroad operating a car float operation across Upper New York Bay between the Greenville Yard in Jersey City and Brooklyn. The Port Authority operates the following airports: Both Kennedy and LaGuardia airports are owned by the City of New York and leased to
9900-573: The core mission of supporting transportation infrastructure. Major projects by the Port Authority include One World Trade Center and other construction at the World Trade Center site . Other projects include a new passenger terminal at JFK International Airport, and redevelopment of Newark Liberty International Airport's Terminal B, and replacement of the Goethals Bridge. The Port Authority also has plans to buy 340 new PATH cars and begin major expansion of Stewart International Airport. As owner of
10032-618: The death of Mao Zedong in 1976, initiatives in foreign trade began to be applied, and law applicable to foreign direct investment was made clear in 1979, while the first Sino-foreign equity venture took place in 2001. The corpus of the law has improved since then. Companies with foreign partners can carry out manufacturing and sales operations in China and can sell through their own sales network. Foreign-Sino companies have export rights which are not available to wholly Chinese companies, as China desires to import foreign technology by encouraging JVs and
10164-430: The degree of horizontal integration between the legislature , the executive , the judiciary , and other independent institutions. The source of power determines the difference between democracies , oligarchies , and autocracies . In a democracy, political legitimacy is based on popular sovereignty . Forms of democracy include representative democracy , direct democracy , and demarchy . These are separated by
10296-423: The delayed arrivals of students and teachers. Two Port Authority officials (who were appointed by Christie and would later resign) claimed that reallocating two of the toll lanes from the local Fort Lee entrance to the major highways was due to a traffic study evaluating "traffic safety patterns" at the bridge, but the executive director of the Port Authority was unaware of a traffic study. As of March 2014,
10428-495: The directors' decision to bear. A Certificate of Incorporation or the Articles of Incorporation is a document required to form a corporation in the U.S. (in actuality, the state where it is incorporated) and in countries following the practice. In the US, the "constitution" is a single document. The Articles of Incorporation is again a regulation of the directors by the stock-holders in
10560-733: The dissolution of the Austro-Hungarian Empire and the Ottoman Empire after the First World War , while the Russian Empire became the Soviet Union after the Russian Civil War . Decolonization lead to the creation of new nation states in place of multinational empires in the Third World . Political globalization began in the 20th century through intergovernmental organizations and supranational unions . The League of Nations
10692-668: The eastern side of the site, including 150 Greenwich Street , 175 Greenwich Street , and 200 Greenwich Street . Also part of the plans was the World Trade Center Transportation Hub , which opened in March 2016 and replaced the temporary PATH station that opened in November 2003. The Port Authority began construction of a new terminal at Newark Airport in June 2017. The new facility will replace Terminal A and will open in 2022. The PATH 's Newark–World Trade Center train route
10824-464: The efficiency of government. With the Port Authority at a distance from political pressures , it was able to carry longer-term infrastructure projects irrespective of the election cycles and in a more efficient manner. In 1972 it was renamed the Port Authority of New York and New Jersey to better reflect its status as a partnership between the two states. Throughout its history, there have been concerns about democratic accountability , or lack thereof at
10956-651: The estimated costs. This efficiency exhibited by the Port Authority impressed President Franklin D. Roosevelt , who used this as a model in creating the Tennessee Valley Authority and other such entities. In 1930, the Holland Tunnel was placed under the control of the Port Authority, providing significant toll revenues. The Port Authority also controlled the Lincoln Tunnel , connecting New Jersey and Midtown Manhattan . The Lincoln Tunnel opened in 1937 as
11088-453: The executive director of the Port Authority. In the post- World War II period, the Port Authority expanded its operations to include airports, and marine terminals , with projects including Newark Liberty International Airport and Port Newark-Elizabeth Marine Terminals . Meanwhile, the city-owned La Guardia Field was nearing capacity in 1939 and needed expensive upgrades and expansion. At the time, airports were operated as loss leaders , and
11220-468: The following major ways: In the UK , India , and in many common law countries, a joint-venture (or else a company formed by a group of individuals) must file its memorandum of association with the appropriate authority. This is a statutory document which informs the public of its existence. It may be viewed by the public at the office in which it is filed. Together with the articles of association , it forms
11352-427: The formation of states. In contrast with voluntary theories, these arguments believe that people do not voluntarily agree to create a state to maximize benefits, but that states form due to some form of oppression by one group over others. Some theories in turn argue that warfare was critical for state formation. The first states of sorts were those of early dynastic Sumer and early dynastic Egypt , which arose from
11484-595: The geographical jurisdiction of the Port of New York and New Jersey . This 1,500-square-mile (3,900 km) port district is generally encompassed within a 25-mile (40 km) radius of the Statue of Liberty National Monument . The Port Authority is headquartered at 4 World Trade Center in Lower Manhattan . The Port Authority operates the Port Newark–Elizabeth Marine Terminal , which consistently ranks among
11616-423: The government or the public. Some of the issues in a shareholders' agreement are: There are many features which have to be incorporated into the shareholders' agreement which is quite private to the parties as they start off. Normally, it requires noтуОЧ submission to any authority. The other basic document which must be articulated is the Articles, which is a published document and known to members. This repeats
11748-547: The indicated time, draws a penalty. Co-operative Joint Ventures (CJVs) are permitted under the Sino-Foreign Co-operative Joint Ventures. Co-operative enterprises are also called Contractual Operative Enterprises. The CJVs may have a limited structure or unlimited – therefore, there are two versions. The limited-liability version is similar to the EJVs in status of permissions – the foreign investor provides
11880-527: The influence of parent control structure, ownership change, and volatile environment. Government procurement regulations, such as the Federal Acquisition Regulation (FAR) in the United States, may specify how joint ventures are to be approached as suppliers or confirm that a joint venture or other form of contractor partnering is seen as a "desirable" arrangement for supplying to government. The FAR states that The Government will recognize
12012-405: The integrity and validity of contractor team arrangements [including joint ventures], provided the arrangements are identified and company relationships are fully disclosed in an offer or, for arrangements entered into after submission of an offer, before the arrangement becomes effective. The Government will not normally require or encourage the dissolution of contractor team arrangements. Under
12144-597: The interactions through which values are authoritatively allocated for a society." Each political system is embedded in a society with its own political culture, and they in turn shape their societies through public policy . The interactions between different political systems are the basis for global politics . Forms of government can be classified by several ways. In terms of the structure of power , there are monarchies (including constitutional monarchies ) and republics (usually presidential , semi-presidential , or parliamentary ). The separation of powers describes
12276-524: The kinds of inquiries sought: primary sources such as historical documents and official records, secondary sources such as scholarly journal articles, survey research, statistical analysis , case studies , experimental research , and model building. The political system defines the process for making official government decisions. It is usually compared to the legal system , economic system , cultural system , and other social systems . According to David Easton , "A political system can be designated as
12408-705: The largest ports in the United States by tonnage handled, and the largest on the Eastern Seaboard . The Port Authority also operates six bi-state crossings: three connecting New Jersey with Manhattan , and three connecting New Jersey with Staten Island . The Port Authority Bus Terminal and the PATH rail system are also run by the Port Authority, as well as LaGuardia Airport , John F. Kennedy International Airport , Newark Liberty International Airport , Teterboro Airport and Stewart International Airport . The agency has its own 2,100 member Port Authority Police Department . The Port of New York and New Jersey comprised
12540-705: The latest technologies. Under Chinese law, foreign enterprises are divided into several basic categories. Of these, five will be described or mentioned here: three relate to industry and services and two as vehicles for foreign investment. Those five categories of Chinese foreign enterprises are: the Sino-Foreign Equity Joint Ventures (EJVs), Sino-Foreign Co-operative Joint Ventures (CJVs), Wholly Foreign-Owned Enterprises (WFOE), although they do not strictly belong to Joint Ventures, plus foreign investment companies limited by shares (FICLBS), and Investment Companies through Foreign Investors (ICFI). Each category
12672-477: The law, it becomes possible to merge with a Chinese company for a quick start. A foreign investor does not need to set up a new corporation in China. Instead, the investor uses the Chinese partner's business license, under a contractual arrangement. However, under the CJV, the land stays in the possession of the Chinese partner. There is another advantage: the percentage of the CJV owned by each partner can change throughout
12804-495: The lease expired in August 2007 but continued to operate it until the next leasee took over. The Authority had operated the other heliports in Manhattan but gave up leases for all of them over the years. The Port Authority manages every crossing between New York City and New Jersey, which include the George Washington Bridge , the Lincoln Tunnel , and the Holland Tunnel , which all connect Manhattan and Northern New Jersey, as well as
12936-521: The main point of embarkation for U.S. troops and supplies sent to Europe during World War I , via the New York Port of Embarkation . The congestion at the port led experts to realize the need for a port authority to supervise the extremely complex system of bridges, highways, subways, and port facilities in the New York-New Jersey area. The solution was the 1921 creation of the Port Authority under
13068-402: The majority of funds and technology and the Chinese party provides land, buildings, equipment, etc. However, there are no minimum limits on the foreign partner which allows him to be a minority shareholder. The other format of the CJV is similar to a partnership where the parties jointly incur unlimited liability for the debts of the enterprise with no separate legal person being created. In both
13200-412: The members of the agency's Board of Commissioners and retain the right to veto the actions of the commissioners from their own state. Each governor appoints six members to the Board of Commissioners , who are subject to state senate confirmation and serve overlapping six-year terms without pay. An executive director is appointed by the board of commissioners to deal with day-to-day operations and to execute
13332-639: The memorial ready for the 10th anniversary. A former attorney for the PANYNJ who worked on 9/11 related issues is now on the federal bench, Angel Kelley . The Fort Lee lane closure scandal was a US political scandal that concerns New Jersey Governor Chris Christie 's staff and his Port Authority political appointees conspiring to create a traffic jam in Fort Lee, New Jersey as political retribution, and their attempts to cover up these actions and suppress internal and public disclosures. Dedicated toll lanes for one of
13464-445: The more co-operative views of politics by Aristotle and Crick. However, a more mixed view between these extremes is provided by Irish political scientist Michael Laver, who noted that: Politics is about the characteristic blend of conflict and co-operation that can be found so often in human interactions. Pure conflict is war. Pure co-operation is true love. Politics is a mixture of both. The history of politics spans human history and
13596-413: The norm in human prehistory, few stateless societies exist today; almost the entire global population resides within the jurisdiction of a sovereign state . In some regions nominal state authorities may be very weak and wield little or no actual power . Over the course of history most stateless peoples have been integrated into the state-based societies around them . Some political philosophies consider
13728-464: The personal is political ", which disputes the distinction between private and public issues. Politics may also be defined by the use of power, as has been argued by Robert A. Dahl . Some perspectives on politics view it empirically as an exercise of power, while others see it as a social function with a normative basis. This distinction has been called the difference between political moralism and political realism . For moralists, politics
13860-471: The project raised ire from the owner of the Empire State Building , which would lose its title of tallest building in the world. Other critics objected to the idea of this much "subsidized" office space going on the open market, competing with the private sector. Others questioned the cost of the project, which in 1966 had risen to $ 575 million. Final negotiations between The City of New York and
13992-405: The project was canceled in March 2023 after several years of delays. The Port Authority is also planning to redevelop the entirety of John F. Kennedy International Airport, replacing four existing terminals with two new terminals at a cost of $ 11 billion. Roadway access, as well as train capacity on the AirTrain JFK , would be expanded. Under the plan, the first gates would open in 2023, and
14124-480: The project would be complete in 2025. Work on a new Terminal 1 began in 2022, and work on Terminal 6 began in early 2023. In addition, Terminal 4 was expanded. The Port Authority has its own police department. In 2001, the department employed approximately 4,000 police officers and supervisors who had full police status in New York and New Jersey . Center Corporation Joint venture A joint venture ( JV )
14256-471: The project. The feasibility study must cover the fundamental technical and commercial aspects of the project, before the parties can proceed to formalize the necessary legal documentation. The study should contain details referred to earlier under Feasibility Study (submissions by the Chinese partner). There is basic law of the PRC concerning enterprises with sole foreign investment controls, WFOEs. China's entry into
14388-813: The region, including the Teleport business park on Staten Island , Bathgate Industrial Park in the Bronx , the Industrial Park at Elizabeth, the Essex County Resource Recovery Facility , Newark Legal Center , Queens West in Long Island City , and the South Waterfront in Hoboken . However, by April 2015, the agency was considering divesting itself of the properties to raise revenue and return to
14520-415: The repercussions and controversy surrounding these actions continue to be under investigation by the Port Authority, federal prosecutors, and a New Jersey legislature committee. The Port Authority's chairman, David Samson , who was appointed by Governor Christie, resigned on March 28, 2014, amid allegations of his involvement in the scandal and other controversies. In April 2018, Caren Turner resigned from
14652-530: The revenues it makes from its rents, tolls, fees, and facilities. Meetings of the Board of Commissioners are public. Members of the public may address the Board at these meetings, subject to a prior registration process via email. Public records of the Port Authority may be requested via the Office of the Secretary according to an internal Freedom of Information policy which is intended to be consistent with and similar to
14784-531: The rules applicable to public procurement in the European Union , public bodies may insist that suppliers intending to provide goods and services through a joint partnership accept joint liability for the execution of the contract. According to a 2003 report of the United Nations Conference on Trade and Development , China was the recipient of US$ 53.5 billion in direct foreign investment, making it
14916-440: The same proportion as the increase in registered capital. The JV contract accompanied by the articles of association for the EJV are the two most fundamental legal documents of the project. The Articles mirror many of the provisions of the JV contract. In case of conflict the JV document has precedence. These documents are prepared at the same time as the feasibility report. There are also the ancillary documents (termed "offsets" in
15048-435: The shareholders agreement as to the number of directors each founder can appoint to the board of directors; whether the board controls or the founders; the taking of decisions by simple majority (50%+1) of those present or a 51% or 75% majority with all directors present (their alternates/ proxy ); the deployment of funds of the firm; extent of debt; the proportion of profit that can be declared as dividends; etc. Also significant
15180-478: The shareholders, including debt, is equal to the number of shares purchased by each partner. Politics Politics (from Ancient Greek πολιτικά ( politiká ) 'affairs of the cities') is the set of activities that are associated with making decisions in groups , or other forms of power relations among individuals, such as the distribution of status or resources . The branch of social science that studies politics and government
15312-400: The sphere of human social relations, while the limited view restricts it to certain contexts. For example, in a more restrictive way, politics may be viewed as primarily about governance , while a feminist perspective could argue that sites which have been viewed traditionally as non-political, should indeed be viewed as political as well. This latter position is encapsulated in the slogan "
15444-457: The state Freedom of Information policies of both New York and New Jersey. Members of the Board of Commissioners are typically business titans and political power brokers who maintain close relationships with their respective governors. On February 3, 2011, former New Jersey Attorney General David Samson was named the new chairman of the Port Authority by New Jersey Governor Chris Christie. Gov. Christie announced Samson's resignation in March 2016,
15576-423: The state undesirable, and thus consider the formation of a stateless society a goal to be achieved. A central tenet of anarchism is the advocacy of society without states. The type of society sought for varies significantly between anarchist schools of thought , ranging from extreme individualism to complete collectivism . In Marxism , Marx's theory of the state considers that in a post-capitalist society
15708-441: The state, an undesirable institution, would be unnecessary and wither away . A related concept is that of stateless communism , a phrase sometimes used to describe Marx's anticipated post-capitalist society. Constitutions are written documents that specify and limit the powers of the different branches of government. Although a constitution is a written document, there is also an unwritten constitution. The unwritten constitution
15840-565: The states or the federal political body. Federations were formed first in Switzerland, then in the United States in 1776, in Canada in 1867 and in Germany in 1871 and in 1901, Australia . Compared to a federation , a confederation has less centralized power. All the above forms of government are variations of the same basic polity , the sovereign state . The state has been defined by Max Weber as
15972-407: The supervision of the governors of the two states. By issuing its own bonds, it was financially independent of either state; the bonds were paid off from tolls and fees, not from taxes. It became one of the major agencies of the metropolitan area for large-scale projects. Early bond issues were tied to specific projects, but this changed in 1935 when the Authority issued General and Refunding bonds with
16104-495: The terminals would be reorganized.The redevelopment is expected to cost $ 7.6 billion in total. Construction started in 2016, and the first part of the new terminal opened in 2021, with completion in 2026. As part of the reconstruction, the AirTrain LGA people mover system was to have been built between the airport and Willets Point, Queens . The AirTrain was supposed to start construction in 2020 and be completed by 2022, but
16236-776: The way decisions are made, whether by elected representatives, referendums , or by citizen juries . Democracies can be either republics or constitutional monarchies. Oligarchy is a power structure where a minority rules. These may be in the form of anocracy , aristocracy , ergatocracy , geniocracy , gerontocracy , kakistocracy , kleptocracy , meritocracy , noocracy , particracy , plutocracy , stratocracy , technocracy , theocracy , or timocracy . Autocracies are either dictatorships (including military dictatorships ) or absolute monarchies . In terms of level of vertical integration, political systems can be divided into (from least to most integrated) confederations , federations , and unitary states . A federation (also known as
16368-426: The world's largest recipient of direct foreign investment for the first time, to exceed the US. Also, it approved the establishment of nearly 500,000 foreign-investment enterprises. The US had 45,000 projects by 2004 with an in-place investment of over 48 billion. Until recently, no guidelines existed on how foreign investment was to be handled due to the restrictive nature of China toward foreign investors. Following
16500-476: The year before, absent from the ceremonies. In 1986, the Port Authority sold rights to the World Trade Center name for $ 10 to an organization run by an outgoing executive, Guy F. Tozzoli . He in turn made millions of dollars selling the use of the name in up to 28 different states. After the 1993 World Trade Center bombing , the Port Authority was sued by survivors of the attack for negligence in not making security upgrades to known flaws that could have prevented
16632-569: Was a passenger. Her case was referred to New Jersey's Ethics Commission. In May 2024, the Authority transferred ownership of the Brooklyn Port Authority Marine Terminal & Red Hook Container Terminal to the City of New York in exchange for ownership of the Howland Hook Marine Terminal on Staten Island. The Port Authority is jointly controlled by the governors of New York and New Jersey , who appoint
16764-437: Was an absolute monarchy ruled by a king, emperor or sultan . The population belonged to many ethnic groups, and they spoke many languages. The empire was dominated by one ethnic group, and their language was usually the language of public administration. The ruling dynasty was usually, but not always, from that group. Some of the smaller European states were not so ethnically diverse, but were also dynastic states, ruled by
16896-535: Was completed in 1928. The Bayonne Bridge , opened in 1931, was built across the Kill van Kull , connecting Staten Island with Bayonne, New Jersey . Construction began in 1927 on the George Washington Bridge , linking the northern part of Manhattan with Fort Lee, New Jersey , with Port Authority chief engineer, Othmar Ammann , overseeing the project. The bridge was completed in October 1931, ahead of schedule and well under
17028-529: Was established on April 30, 1921, through an interstate compact between the states of New Jersey and New York . This was the first such agency in the United States, created under a provision in the Constitution of the United States permitting interstate compacts . The idea for the Port Authority was conceived during the Progressive Era , which aimed at the reduction of political corruption and at increasing
17160-724: Was founded after World War I , and after World War II it was replaced by the United Nations . Various international treaties have been signed through it. Regional integration has been pursued by the African Union , ASEAN , the European Union , and Mercosur . International political institutions on the international level include the International Criminal Court , the International Monetary Fund , and
17292-540: Was laid out in the mid-18th century by Swiss jurist Emer de Vattel . States became the primary institutional agents in an interstate system of relations. The Peace of Westphalia is said to have ended attempts to impose supranational authority on European states. The "Westphalian" doctrine of states as independent agents was bolstered by the rise in 19th century thought of nationalism , under which legitimate states were assumed to correspond to nations —groups of people united by language and culture. In Europe , during
17424-413: Was later portrayed in the 2006 Oliver Stone film World Trade Center . Future Executive Director Christopher O. Ward was at the World Trade Center on 9/11, and is a survivor of the attack. Ward was Chief of External Affairs & Director of Port Development under Neil Levin at the time. As the executive director from 2008 to 2011, he is credited with turning around Ground Zero construction and having
#842157