Lynford, who was first appointed to the board in June 2011 by Gov. Cuomo and reappointed two years later, will serve with Chairman John Degnan in his new capacity as vice chairman.
“I look forward to furthering the transportation investments critical to this region in my new role and overseeing the agency’s recently adopted record $32 billion10-year capital plan,’’ said Vice Chairman Lynford. “I also am excited about our recently appointed commissioners from New York and New Jersey, who will increase the diversity on the board and add a wide range of experience from the private sector.”
Vice Chairman Lynford, is president and CEO of Educational Housing Services, Inc., a leading not-for-profit New York City organization that has offered safe and affordable housing for college students and interns since 1987.
Co-founder of the Wellsford group of public and private real-estate companies, Vice Chairman Lynford served as chairman of three exchange-listed corporations during his career on Wall Street and held senior investment banking positions.
Additionally, Vice Chairman Lynford was a trustee/director on the boards of S.E.C. reporting corporations, mutual funds and non-profit organizations, with an expertise in capital formation and corporate governance “best practices.”
Vice Chairman Lynford and his wife, Tondra, a trustee of the Anderson Foundation for Autism, have a daughter with autism and are active advocates for autism awareness.
Prior to his stint on the Port Authority Board, Vice Chairman Lynford served as a gubernatorial appointee on the New York State Council on the Arts and the Trust for Governors Island, and currently serves on the boards of New York University and the NYU Tandon School of Engineering. He holds three degrees, a BA in history from SUNY Buffalo, an MPA from the Woodrow Wilson School at Princeton University and a JD from the Fordham University School of Law.
Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency’s network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than $23 billion in annual wages and $80 billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where the 1,776-foot-tall One World Trade Center is now the tallest skyscraper in the Western Hemisphere. The Port Authority receives no tax revenue from either the State of New York or New Jersey or from the City of New York. The agency raises the necessary funds for the improvement, construction or acquisition of its facilities primarily on its own credit. For more information, please visit http://www.panynj.gov.