NYC Airport
Expands

By: Pamela Clements

 As anyone who has stood in the long, winding security lines at LaGuardia Airport knows, there’s room for improvement. And, now, there’s good news! As Crain’s reports, coming in 2021, there will be a new main terminal at LGA.  The new terminal will be significantly larger and have better security and baggage processing areas.  The project is unique in that it is being done as a joint public-private partnership.  Private developers will pay for the cost of the terminal in exchange for a share of the revenue from the leases from the airlines and other tenants after it is completed.  It will be interesting to see how the arrangement works out as it could be a great way to get the private sector involved in renovating and replacing the aging infrastructure projects around the country.