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Stephen Berger
Stephen Berger (born July 11, 1939) is an American entrepreneur, investment banker, civil servant and political advisor. His public service positions at the federal, state, and local levels for government agencies include: Chairman of the New York State Commission on Health Care Facilities in the 21st Century, Executive Director of the Port Authority of New York and New Jersey, Chairman of the United States Railway Association under President Jimmy Carter, and executive director of the New York Emergency Control Board for the City of New York. He has served as CEO of both private and public organizations, as a board member, corporate director, and private equity investor as well as a Professor of Public Administration at New York University's Graduate School of Public Administration. Early life and education Berger was born and raised on the Lower East Side of Manhattan. His father, Saul Berger, was a politically active lawyer who ran for State Senate and City Council as an ant ...
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Port Authority Of New York And New Jersey
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 the geographical jurisdiction of the Port of New York and New Jersey. This port district is generally encompassed within a radius of the Statue of Liberty National Monument. The Port Authority is headquartered at 4 World Trade Center. The Port Authority operates the Port Newark–Elizabeth Marine Terminal, which handled the third-largest volume of shipping among all ports in the United States in 2004, 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 Je ...
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Richard Ottinger
Richard Lawrence Ottinger (born January 27, 1929) is an American legal educator and politician from New York. A Democrat, he served in the United States House of Representatives for eight terms, from 1965 to 1971 and from 1975 to 1985. Early years Richard Lawrence Ottinger was born in New York City, the son of businessman Lawrence Ottinger, founder of U.S. Plywood, and nephew of Albert Ottinger, the Republican Attorney General of New York from 1925 to 1928. He attended the public schools of Scarsdale, New York and graduated from the Loomis School, in Windsor, Connecticut in 1946. He received a bachelor of arts degree from Cornell University in 1950 and graduated from Harvard Law School in 1953. He also studied international law at Georgetown University. He served in the United States Air Force from 1955 to 1957, and was discharged as a captain. He was admitted to the New York bar and practiced international and corporate law. He was one of the founders and the second staff membe ...
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GE Capital
GE Capital is the financial services division of General Electric. The company currently only runs one division, GE Energy Financial Services. It had provided additional services in the past; however, those units were sold between 2013 and 2018. Overview On July 8, 2013, the Financial Stability Oversight Council designated GE Capital as a " systemically important financial institution", which makes it subject to oversight by the Federal Reserve. In 2014, GE Capital had 35,000+ employees worldwide, operating in more than 40 countries, with total assets of US$499 billion. It was rated AA+ with stable outlook by S&P in 2012. GE Capital's subsidiaries also operated under the GE Money brand. Restructuring plan On April 10, 2015, Jeffrey R. Immelt, the CEO of General Electric, announced that GE would sell most of GE Capital over the next two years. The following areas were sold: *GE Capital Sponsor Finance was sold to Canada Pension Plan Investment Board and Sumitomo Mitsui Bank ...
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Oppenheimer Holdings
Oppenheimer Holdings is an American multinational independent investment bank and financial services company offering investment banking, financial advisory services, capital markets services, asset management, wealth management, and related products and services worldwide. The company, which once occupied the One World Financial Center building in Manhattan, now bases its operations at 85 Broad Street in New York City. History Originally created as Oppenheimer & Company, Oppenheimer Holdings was founded in 1950 when a partnership was created to act as a broker-dealer and manage related financial services for large institutional clients. While the 1960s and 1970s was a time of great prosperity for the company, the origins of the firm trace back to 1881. After re-configuring operations in 1975, Oppenheimer & Co. formed three operating subsidiaries: * Oppenheimer & Co. Inc., a retail brokerage firm * Oppenheimer Capital Corporation, an institutional investment manager * Oppenheimer ...
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Hoboken, New Jersey
Hoboken ( ; Unami: ') is a city in Hudson County in the U.S. state of New Jersey. As of the 2020 U.S. census, the city's population was 60,417. The Census Bureau's Population Estimates Program calculated that the city's population was 58,690 in 2021, ranking the city the 668th-most-populous in the country. With more than , Hoboken was ranked as the third-most densely populated municipality in the United States among cities with a population above 50,000. Hoboken is part of the New York metropolitan area and is the site of Hoboken Terminal, a major transportation hub for the tri-state region. Hoboken was first settled by Europeans as part of the Pavonia, New Netherland colony in the 17th century. During the early 19th century, the city was developed by Colonel John Stevens, first as a resort and later as a residential neighborhood. Originally part of Bergen Township and later North Bergen Township, it became a separate township in 1849 and was incorporated as a city in 1855 ...
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World Trade Center (1973–2001)
The original World Trade Center (WTC) was a large complex of seven buildings in the Financial District of Lower Manhattan in New York City. It opened on April 4, 1973, and was destroyed in 2001 during the September 11 attacks. At the time of their completion, the Twin Towers—the original 1 World Trade Center (the North Tower) at ; and 2 World Trade Center (the South Tower) at —were the tallest buildings in the world. Other buildings in the complex included the Marriott World Trade Center (3 WTC), 4 WTC, 5 WTC, 6 WTC, and 7 WTC. The complex contained of office space. The core complex was built between 1966 and 1975, at a cost of $400 million (equivalent to $3.56 billion in 2022). The idea was suggested by David Rockefeller to help stimulate urban renewal in Lower Manhattan, and his brother Nelson signed the legislation to build it. The buildings at the complex were designed by Minoru Yamasaki. In 1998, the Port Authority of New York and New Jersey decided ...
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Newark Liberty International Airport
Newark Liberty International Airport , originally Newark Metropolitan Airport and later Newark International Airport, is an international airport straddling the boundary between the cities of Newark in Essex County and Elizabeth in Union County, New Jersey. Located about south of downtown Newark, it is a major gateway to points in Europe, South America, Asia, and Oceania. It is jointly owned by the cities and leased to its operator, the Port Authority of New York and New Jersey. It is the second-busiest airport in the New York airport system, behind John F. Kennedy International Airport. The airport is located south of Downtown Newark and west-southwest of Manhattan in New York City. It is near the Newark Airport Interchange, the junction between Interstate 95 and Interstate 78 (both components of the New Jersey Turnpike), as well as U.S. Routes 1 and 9, which has junctions with U.S. Route 22, Route 81, and Route 21. AirTrain Newark connects the terminals with the Newar ...
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LaGuardia Airport
LaGuardia Airport is a civil airport in East Elmhurst, Queens, New York City. Covering , the facility was established in 1929 and began operating as a public airport in 1939. It is named after former New York City mayor Fiorello La Guardia. The airport primarily accommodates airline service to domestic (and limited international) destinations. , it was the third-busiest airport in the New York metropolitan area, behind Kennedy and Newark airports, and the twenty-first busiest in the United States by passenger volume. The airport is located directly to the north of the Grand Central Parkway, the airport’s primary access highway. While the airport is a hub for both American Airlines and Delta Air Lines, commercial service is strictly governed by unique regulations including a curfew, a slot system, and a "perimeter rule" prohibiting most nonstop flights to or from destinations greater than . Throughout the 2000s and 2010s, LaGuardia was notable for having obsolete and d ...
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Thomas Kean
Thomas Howard Kean ( ; born April 21, 1935) is an American businessman, academic administrator and politician. A member of the Republican Party, Kean served as the 48th governor of New Jersey from 1982 to 1990. Following his tenure as governor, Kean served as the president of Drew University for 15 years, retiring in 2005. In 2002, Kean was appointed by President George W. Bush to serve as chairman of the National Commission on Terrorist Attacks Upon the United States, widely known as the 9/11 Commission. In this position, Kean led the commission's investigation into the causes of the September 11 attacks in order to provide to prevent recommendations to prevent future terrorist attacks. Kean is the father of politician and representative-elect Thomas Kean Jr. Early life and education Kean was born in New York City to a long line of New Jersey politicians and family of Dutch Americans. His mother was Elizabeth (née Howard) and his father, Robert Kean, was a U.S. Representati ...
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Conrail
Conrail , formally the Consolidated Rail Corporation, was the primary Class I railroad in the Northeastern United States between 1976 and 1999. The trade name Conrail is a portmanteau based on the company's legal name. It continues to do business as an asset management and network services provider in three Shared Assets Areas that were excluded from the division of its operations during its acquisition by CSX Corporation and the Norfolk Southern Railway. The federal government created Conrail to take over the potentially-profitable lines of multiple bankrupt carriers, including the Penn Central Transportation Company and Erie Lackawanna Railway. After railroad regulations were lifted by the 4R Act and the Staggers Act, Conrail began to turn a profit in the 1980s and was privatized in 1987. The two remaining Class I railroads in the East, CSX Transportation and the Norfolk Southern Railway (NS), agreed in 1997 to acquire the system and split it into two roughly-equal parts (a ...
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Metropolitan Transportation Authority
The Metropolitan Transportation Authority (MTA) is a public benefit corporation responsible for public transportation in the New York City metropolitan area of the U.S. state of New York. The MTA is the largest public transit authority in the United States, serving 12 counties in Downstate New York, along with two counties in southwestern Connecticut under contract to the Connecticut Department of Transportation, carrying over 11 million passengers on an average weekday systemwide, and over 850,000 vehicles on its seven toll bridges and two tunnels per weekday. History Founding In February 1965, New York Governor Nelson Rockefeller suggested that the New York State Legislature create an authority to purchase, operate, and modernize the Long Island Rail Road (LIRR). The LIRR, then a subsidiary of the Pennsylvania Railroad (PRR), had been operating under bankruptcy protection since 1949. The proposed authority would also have the power to make contracts or arrangements with ...
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Hugh Carey
Hugh Leo Carey (April 11, 1919 – August 7, 2011) was an American politician and attorney. He was a seven-term U.S. representative from 1961 to 1974 and the 51st governor of New York from 1975 to 1982. He was a member of the Democratic Party. Early life Carey was born in New York City, the son of Margaret (née Collins) and Dennis Joseph Carey. Among his siblings were brothers Edward M. Carey (former president of Carey Energy Corporation) and Martin T. Carey (an entrepreneur who owned Winfield Hall and Bogheid in Glen Cove and Seaview Terrace in Newport). Education and military service In 1939, Carey enlisted in the New York National Guard as a private in C Squadron, 101st Cavalry. Later, he served as a major in the 104th Infantry Division, known as the "Timberwolves". He served in the 415th Infantry Regiment of the 104th Division as the Regimental S-3, operations officer. Carey was with the 104th Division throughout its 10-month campaign in the European Theater ...
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