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 Northwell Health is going to be the lead sponsor of the professional soccer team that is going to make its home at Mount Vernon’s Memorial Field, according to an announcement from BCW Member Westchester Soccer Club (WSC), a new USL League One franchise. Northwell has committed to the sponsorship for the club’s inaugural […]
BCW Westchester Innovation Network participant Laronix held a showcase Wednesday to demonstrate its MIRA Voice device that uses artificial intelligence to help people with spinal cord injuries, cerebral palsy and other conditions regain the ability to speak clearly. The event at Serendipity Labs in White Plains welcomed medical professionals and others curious about MIRA Voice […]
Congratulations to BCW Member Westchester Medical Center Health Network (WMCHealth) on the groundbreaking Wednesday to commemorate the start of construction of the Critical Care Tower at Westchester Medical Center, a $220 million project that will span 162,000 square feet and rise five stories when complete. Located adjacent to Westchester Medical Center’s Main Tower, the Critical […]
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.