Time to Move Forward on Airport Plan
As the debate swirls over County Executive Rob Astorino’s plan for a public-private partnership to run the County Airport, the Business Council of Westchester remains adamant in its support of this creative approach. The BCW’s leadership has been meeting with the County Executive and County Board of Legislators Chairman Michael Kaplowitz urging them to move forward with this plan in which the county would receive $111 million over a 40-year contract with Oaktree Capital Management, which will run the airport and invest $30 million in capital improvements. The plan would also free up a $20 million airport fund that can now be used to help pay for other county needs.
The BCW has long advocated the concept of public-private partnerships as an innovative way to reduce the financial burden on businesses and taxpayers, while allowing private investment in improvements to public facilities that otherwise would not be possible. We should not lose this unique opportunity to improve and enhance one of our county’s most important economic assets.
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.