Press Releases

PORT AUTHORITY BOARD AUTHORIZES CONSTRUCTION OF ENVIRONMENTALLY FRIENDLY MULTI-FUEL STATION AT JFK

Apr 29, 2010 -- The Port Authority Board of Commissioners today authorized the construction of a state-of-the-art, environmentally friendly, multi-fuel service station and truck parking facility at John F. Kennedy International Airport.

The service will help JFK's important cargo business by providing full-service amenities for truck drivers and their vehicles. The facility will be built by GAZ Realty Inc. - a rapidly growing developer of "Super Stations,' which include automated car washes and convenience stores.

The Board authorized a 20-year lease with the developer that will cover the financing, design, construction, operation and maintenance of the new multi-fuel facility. The project will include sustainable elements such as LED lighting, solar panel power, Compressed Natural Gas fuel, and a zero-discharge car wash that will recycle used water.

Port Authority Chairman Anthony R. Coscia said, "This facility optimizes the use of our airport property and creates close to 60 new jobs to stimulate our local economy. It also provides a key truck parking facility that will encourage future growth in our air cargo business."

Port Authority Executive Director Chris Ward said, "Difficult economic times require us to develop innovative ways to extract value from our world-class transportation facilities. This is a perfect example. It will provide an important amenity for our airport customers, and new revenue to the Port Authority."

The proposed facility will include a 19,000-square-foot building that will contain a convenience store, a fast-food dining facility, a car wash and a 50-space truck parking lot. The parking lot will operate under a comprehensive security plan, including surveillance cameras, police patrols and parking requirements for empty and loaded trailers. It will replace an existing BP fuel station at Federal Circle.

GAZ Reality Inc. is building a similar multi-fuel facility at Newark Liberty International Airport. The developer also is building and operating airport sites at Tulsa International, Cincinnati/Northern Kentucky International and Medford Oregon airports.

In addition, the Board of Commissioners took the following actions at today's meeting:

• Reauthorized completion of the John F. Kennedy International Airport Central Substation.
• Authorized a five-year lease supplement with JetBlue for the Terminal 6 site, consisting of 19.23 acres and to undertake the demolition of Terminal 6. The authorization includes Terminal 5 expansion planning.
• Authorized a new 20-year lease with FedEx for Cargo Buildings 347, 155 and 156 at Newark Liberty International Airport.
• Authorized a supplement to an existing permit with CBS Outdoor for the installation and operation of a light emitting diode (LED) advertising display on the exterior steel façade of the Port Authority Bus Terminal.
• Authorized an increase in compensation with a joint venture of Parsons Brinckerhoff and URS Corporation for construction management consultant services at the World Trade Center site.
• Authorized an increase in compensation with The Louis Berger Group for program management support services for World Trade Center site redevelopment projects.
• Authorized assignment of a World Trade Center Memorial & Museum trade contract with Skyline Steel Corporation for the furnishing and installation of all architectural metals for the Memorial Plaza.
• Authorized One World Trade Center LLC, through its construction manager Tishman Construction Corporation, to enter into a construction trade contract with Atlantic Hoist & Scaffolding LLC for common scaffolding and sidewalk shed work.
• Authorized One World Trade Center LLC, through its construction manager Tishman Construction Corporation, to increase the compensation under an existing trade contract with Five Star Electric Corporation for the pre-purchase of equipment specified for an alternate power supply design.
• Authorized One World Trade Center LLC, through its construction manager Tishman Construction Corporation, to enter into a supplemental agreement under the existing structural steel construction trade contract with DCM Erectors Inc., for the application of primer to certain structural steel pieces.
• Authorized a reciprocal temporary easement agreement between PATH and Lester M. Entin Associates that will allow the Port Authority to use approximately 7,000 square feet of Entin-owned property at the PATH Yard in Harrison, N.J. to build an access road that connects to the rail transfer yard from the entrance of the PATH Yard.

CONTACT: The Port Authority of New York and New Jersey
Ron Marsico, 212 435-7777

The Port Authority of New York and New Jersey operates many of the busiest and most important transportation links in the region. They include John F. Kennedy International, Newark Liberty International, LaGuardia, Stewart International and Teterboro airports; AirTrain JFK and AirTrain Newark; the George Washington Bridge and Bus Station; the Lincoln and Holland tunnels; the three bridges between Staten Island and New Jersey; the PATH (Port Authority Trans-Hudson) rapid-transit system; Port Newark; the Elizabeth-Port Authority Marine Terminal; the Howland Hook Marine Terminal on Staten Island; the Port Authority Auto Marine Terminal; the Brooklyn Piers/Red Hook Container Terminal; and the Port Authority Bus Terminal in midtown Manhattan. The agency also owns the 16-acre World Trade Center site in Lower Manhattan and is a partner in the Access to the Region's Core tunnel project.

GAZ Realty to Host Ground-Breaking Ribbon-Cutting Ceremony for Newark Airport Plaza

JERICHO, N.Y.--(BUSINESS WIRE)--GAZ Realty, Inc. (www.gazrealty.com) a developer and operator of “Superstation" and "Airport Plazas” celebrated the start of development Thursday morning of the first multi-service, “green” airport gas plaza in the nation opening next year at Newark Liberty International Airport. A ribbon-cutting ceremony took place signifying the kick off of the construction.

Present at the opening were Mr. John Jacoby, Newark Liberty International Airport General Manager, Mr. Peter Kibildis, 7-Eleven, Inc.'s real estate representative, Mr. Brian Perone of Clean Energy and other officials from The Port Authority of NY & NJ and GAZ Realty.

The services provided at Newark Airport Plaza (www.newarkairportplaza.com) will be a gas & diesel fueling station offering alternative "green" fuels (Bio-diesel), a 7-Eleven® store, a two-bay car wash, light auto repair and non-exclusive rights for towing at the airport.

The plaza, which will be located near the on-ramp to Terminal A, is estimated to be open within six months and will accommodate some of the 25,000 airport employees and more than 33 million people that visit each year. In addition, the plaza will service the cargo staff as well as the trucks and fleet sales from Port Elizabeth and the surrounding commercial businesses.

"As the first green airport plaza in the country, we are positioned to offer not only products and services to our travelers, airport staff, taxis and limousines, but can do it in ways that benefit the environment. We have a captive audience and will offer both value and convenience to our customers", said George Abi Zeid, president & CEO of GAZ Realty, Inc.

Clean Energy (NASDAQ: CLNE), the nation's largest provider of natural gas for transportation, is also in discussions with GAZ Realty to build a potential CNG fueling station on the property in the future. “Clean Energy looks forward to working with GAZ Realty to build and operate a CNG station at Newark Liberty Airport. It will provide a cleaner, less expensive fuel option for taxis and shuttle fleets serving the airport and the New York metropolitan area", commented Mr. Brian Persone of Clean Energy.

This will be the first 7-Eleven store to open on airport premises in the United States. The 3,200-square-foot convenience store will be offering 24/7 service, fresh and hot foods, Big Gulp® and Slurpee® drinks, grilled Big Bite® hot dogs, its proprietary 7-Select snacks and beverages, prepaid and financial services. There will be 50 parking spaces at the plaza with approximately 20 available for the store.

"In addition to Newark, GAZ Realty is in final stages of lease negotiations or RFP awarded for a number of major airports around the country (i.e. Tulsa International, Cincinnati/Northern Kentucky International, JFK International and Southwest Florida International,." added Mr. Stefano Pascucci, VP Sales and Business Development for GAZ Realty, Inc.

About GAZ Realty, Inc.

GAZ Realty, Inc. (www.gazrealty.com) purchases, designs, constructs and operates "Superstation and Airport Plazas" throughout the country (www.airportplazas.com). Future sites will also feature a Pet Motel and Off-Premises Dry Cleaning.

About Port Authority of New York and New Jersey

The Port Authority of New York and New Jersey operates many of the busiest and most important transportation links in the region. They include John F. Kennedy International, Newark Liberty International, LaGuardia, Stewart International and Teterboro airports; AirTrain JFK and AirTrain Newark; the George Washington Bridge and Bus Station; the Lincoln and Holland tunnels; the three bridges between Staten Island and New Jersey; the PATH (Port Authority Trans-Hudson) rapid-transit system; Port Newark; the Elizabeth-Port Authority Marine Terminal; the Howland Hook Marine Terminal on Staten Island; the Port Authority Auto Marine Terminal; the Brooklyn Piers/Red Hook Container Terminal; and the Port Authority Bus Terminal in midtown Manhattan. The agency also owns the 16-acre World Trade Center site in Lower Manhattan and is a partner in the Access to the Region’s Core tunnel project.

About 7-Eleven, Inc.

7-Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Based in Dallas, Texas, 7-Eleven operates, franchises, or licenses approximately 7,900 7-Eleven® stores in North America. Globally, 7-Eleven operates, franchises, or licenses approximately 36,900 stores in 15 countries. During 2008, 7-Eleven stores worldwide generated total sales of more than $53.7 billion. For 15 consecutive years, 7-Eleven has been listed among Hispanic Magazine’s Hispanic Corporate Top 100 Companies that provide the most opportunities to Hispanics. 7-Eleven is franchising its stores in the U.S., and is expanding through organic growth, acquisitions, and its Business Conversion Program. Find out more online at www.7-Eleven.com.

About Clean Energy

Clean Energy (Nasdaq: CLNE) is the leading provider of natural gas (CNG and LNG) for transportation in North America. It has a broad customer base in the refuse, transit, shuttle, taxi, trucking, airport and municipal fleet markets with more than 14,000 natural gas vehicles fueling at strategic locations across the United States and Canada.

Contact:
Noble Consulting, Inc.
Brian Noble, 877-516-6253
brian@nobleconsult.com
www.nobleconsult.com

GAZ Realty Expands Business Line to Commercial Office Building and Newark Liberty International Airport Service Plaza.

2008 - GAZ Realty, Inc. was involved in a RFP (Request for Proposal) with the Port Authority of NY& NJ for the construction and operation of a gas station located at Newark Liberty International Airport in New Jersey. The site will have a large gas station, double bay car wash, 3,200 sq ft. convenience store, light auto repair, and towing for Newark airport. We plan to open for business by July 2009.

Newark is a growing airport and with its close proximity of 16 miles from midtown Manhattan, has become a more and more popular airport for many travelers in the tri-state area. Presently Newark has 24,000 employees and once the expansion on Terminal B is completed, it will be 33,000 employees by 2011. Our site at Newark will be the first site with a captive audience from airport staff, taxis, limos, car rental, passengers, etc. In 2006, Newark had 446,000 plane movements, 35,700,000 passengers, and serviced 979,000 tons of air cargo and 95,600 tons of air mail. Lastly, the airport provides parking spaces for over 20,000 cars. More Details.

Since our press release announcing our plans at Newark, we have received inquiries from other airport authorities around the country. GAZ Realty's plan, once the Newark site is open for business, is to hire a full time VP of marketing and sales to promote this concept for other Port Authorities around the country.

In addition to the airport project, GAZ Realty recently purchased a 30,000 sq. ft. building in the beautiful village of Rockville Centre. The building is in immaculate condition, both physically and fiscally. We are in the process of updating the lobby and the elevator with Mahogany and Carrera Marble.

GAZ Realty is a world class operator for super stations in Long Island. We know the Long island market and terrain more than many other operators. We have been in the gas station, convenience store and car wash business for over 25 years. Most of our properties do not have mortgages, and all are very profitable. We are very liberal in spending reasonable amounts of money in keeping our sites immaculately clean, with lots of greens and flowers and even a fountain at the edge of some properties.

We are always looking for new sites and partners on Long Island and the tri-state area to continue to expand our business. If you have any inquiries please contact GAZ Realty President George Abi Zeid. He can be reached at 516-513-0155 x333 or at george.abizeid@gazrealty.com