Tag Archives: Port Authoriy of NY/NJ

Jersey City to Sue Port Authority for $400 Million for Missed Tax Payments & Undue Economic Harm;

Agency Has been Completely Unresponsive to City Requests

 

JERSEY CITY SEAL LOGOJERSEY CITY – Mayor Steven M. Fulop announced today that the city will file suit against the Port Authority of New York and New Jersey for $400 million for missed tax payments and undue economic harm caused to the taxpayers of Jersey City by the bi-state transportation agency.

“This legal action is the result of economic damages caused by the Port Authority’s unfair and outdated tax agreements with the City that has resulted in the loss of hundreds of millions of tax dollars over several decades,” said Mayor Fulop. “The Port Authority has repeatedly failed to fulfill their legal obligations which has caused a severe negative impact on the Jersey City taxpayers.” Continue reading Jersey City to Sue Port Authority for $400 Million for Missed Tax Payments & Undue Economic Harm;