Macquarie Selected to Operate Airport
Macquarie Infrastructure Corporation of Manhattan was the unanimous choice of a bi-partisan task force made up of members of County Executive Rob Astorino’s administration and the Board of Legislators to evaluate three proposals received in April to manage, operate, maintain and improve the Westchester County Airport in accordance with an FAA program that would allow the county for the first time to use revenues generated at the airport to help pay for police, parks, roads, day care and other services.
The county would get over $1 billion — $595 million in payments and another $550 million in capital funds to improve the airport’s infrastructure — in the deal. The county legislature would need to approve the agreement with at least 12 votes from its 17 members.
The Business Council of Westchester has been an advocate for the public private partnership, saying it is a model that should be replicated statewide to save tax dollars and stimulate economic development.
Similar News Items
BCW Member Iona University proudly celebrated its newly renovated dining hall and student union with a ribbon cutting ceremony held Wednesday, marking a major milestone in its ongoing commitment to elevating the student experience. The 20,000-square-foot, two-story transformation of the LaPenta Student Union reflects a vibrant vision of campus life, one that fosters connection, curiosity […]
Congratulations to BCW Member Lightbridge Academy child-care center franchise that recently celebrated the grand opening of its newest location at 26 Legion Drive in Valhalla. The center is the newest of the more than 160 that the company operates or are in development. The franchisees are Vivian and Mark Mathias, who already own a Scarsdale […]
BCW Member Pace University announced this week the appointment of Ajay Khorana, Ph.D., as Dean of the Lubin School of Business and professor of finance, effective September 1, 2025. Pace President Marvin Krislov praised Khorana’s impressive background in global finance, commitment to student and institutional success, and ability to bridge industry and academia. “Ajay Khorana is a […]
Become A Member
Join the county’s largest and most influential business organization today.
JOIN NOW!
Leave a Comment
You must be logged in to post a comment.