What JFK’s colossal $19 billion redevelopment means for the future of U.S. airports
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What JFK’s colossal $19 billion redevelopment means for the future of U.S. airports
The $19 billion being used to rebuild New York’s John F. Kennedy International Airport (JFK) has the potential to dramatically reshape how the redevelopment of all airports in the United States is paid for, but only if the project’s sponsors can prove that its private equity investment model has broader appeal. JFK’s complex redevelopment plans cover four of its five terminals, underpinned by a $3.9 billion injection of funding from the Port Aut…
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