Plan for $9.5B international Terminal at JFK Announced by Governor Hochul

On Monday, December 13, 2021, Governor Hochul announced plans for a 2.4 million square foot international terminal to be built at JFK International Airport. The project will be constructed in phases, with the full financing to cover the cost of the terminal to be provided by private partners, while supporting road and utility infrastructure to be built by the Port Authority of New York and New Jersey. The first phase is anticipated to break ground in 2022, and the first new gates will go live in 2026. More than 10,000 total jobs and 6,000 construction job will be created by the project.