Agreement Reached For $9.5 Billion Project To Create New Terminal 1 At JFK

News Provided by Suffolk Daily Voice

December 13, 2021, 4:00 PM EST

State officials say that an agreement has been reached for a $9.5 billion project to create a new international terminal at John F. Kennedy International Airport.

Gov. Kathy Hochul announced on Monday, Dec. 13, that the Port Authority of New York and New Jersey reached a revised agreement with The New Terminal One, an association of financial sponsors, to build the 2.4 million-square-foot terminal.

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