Maher operates a container terminal in Elizabeth, New Jersey, under a lease from the Port Authority of New York and New Jersey (PANY&NJ), signed before infrastructure funds came on the scene. In two recent deals, concerns that asset flippers would not make proper long term investments in facilities under lease have led the PANY&NJ to seek additional payments from two financial buyers. Analysts are suggesting that PANY&NJ will make a similar demand in the Maher acquisition.