High-rise commercial buildings

Sub Markets

Property Sectors

Topics

New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New York & Tri-State  | 

NYC’s Airports and Port Set YTD Traffic Records

The Port Authority of New York and New Jersey said its airports, seaport, PATH trains and Goethals Bridge traffic reported record activity levels in May, including new records for the first five months of the year at the airports and port. The port’s five-month tally for cargo pushed it ahead of the second-ranked Port of Long Beach for the first time in two decades, while the one-month total for May also set a new record.

Similarly, the region’s four airports—John F. Kennedy International, Newark Liberty International, LaGuardia and New York Stewart International airports—broke records for both the year’s first five months and the month of May. May’s passenger volume of 12.79 million passengers was up 3% year over year.

May traffic over the Goethals Bridge surpassed the previous May high set in 2002. On PATH, year-to-date average daily ridership stands at 281,649 passengers, a record high.

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Read more at Port AuthorityConnect With Port Authority

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Economy