Port Authority and City Reach Deal Over Powerhouse

One big hurdle to the redevelopment of the Powerhouse has been overcome with the Port Authority agreeing to move transformers on the site and relinquish control of the powerhouse to the city, reports the Star Ledger. The plan involves gifting city owned land to the Port Authority in exchange for the powerhouse, though it doesn't seem clear as to whether the city owned land has yet been determined.