In 2007, the Port Authority of New York and New Jersey (PANYNJ), in the Environmental Impact Statement for the World Trade Center PATH terminal, expected the Cortlandt Street station to reopen in 2009. In October 2008, the PANYNJ stated in a report that it had come to an agreement with the MTA on reconstructing the Cortlandt Street station. The MTA would pay the Port Authority to rebuild the station as part of the Port Authority's World Trade Center Transportation Hub contract, in order to make the construction process more efficient. The Port Authority was set to complete underpinning and excavation under the tunnel structure by the second quarter of 2010, and start basic construction of the Cortlandt Street station during the 3rd quarter. In the second quarter report for 2010, the Port Authority of New York and New Jersey confirmed that excavation under the tunnel structure of the World Trade Center site was nearly complete, and that construction of the Cortlandt Street station would begin during the third quarter of 2010. Station finishes were set to start during the second quarter of 2011, and work began on the station mezzanine and platforms in September 2011.