Port Authority: $1 NJ Transit lease eyed for $875K
Port Authority chairman John Degnan said Thursday that the agency has reached a tentative agreement on a lease for the lot if it receives final approval from both agencies, which could happen as soon as next month.
The lease came under heavy scrutiny when a published report last year said records showed then-Port Authority chairman David Samson voted for the $1-a-year lease extension in 2012 at a time when his law firm represented NJ Transit.