Consolidated Edison Co. v. Port Authority of New York & New Jersey

OPINION AND ORDER GRANTING PARTIAL JUDGMENT FOR PLAINTIFFS AND DISMISSING REMAINDER OF COMPLAINT

ALVIN K. HELLERSTEIN, District Judge:

In 1968, the Port Authority of New York and New Jersey (“the Port Authority”) leased a parcel of land at Washington and Barclay Streets in lower Manhattan for fifty years to the Consolidated Edison Company of New York, Inc. (“Con Edison”). The Port Authority built an electrical power substation on the land for Con Edison to operate to supply electricity to the new World Trade Center complex and the surrounding area. In the 1980s, as anticipated by the lease, the…