New York City Economic Development Corporation President and CEO Rachel Loeb said, “This investment in the future of NYC has been long in the making with the groundwork laid by the JFK lease extensions we completed earlier this year.
“At a time when the airline industry is coming back from the setbacks of the pandemic, we could not be more thrilled with the commitment to build a new terminal at JFK and secure this important investment in more than just money.
“It is a commitment to jobs of the future, a commitment not just by New York City and the State but the private sector as well, clearly illustrating that NYC is open for business.”