AIRPORT REPORT: NEW YORK
Proposals currently on the table call for a two-part development programme – one financed by PANYNJ and the other by a third-party private investor. PANYNJ is concentrating on $1.2 billion worth of infrastructure improvements such as parking garages, electrical sub-stations and roadways, while a private partner is being sought to build and operate a new $2.4 billion Central Terminal Building (CTB). Four international consortiums out of an initial 24 teams to express an interest in building the new CTB are still in the running today. They are Aerostar New York Holdings; (which counts Highstar Capital IV and Cancún Airport as equity members); LaGuardia Gateway Partners (Vantage Airport Group, Skanska Infrastructure Development and MI LaGuardia CTB are equity members); LG Alliance (Macquarie Infrastructure and Real Assets Inc and Lend Lease Investments are main investors); and LGA 6V?G&?FW&???6??6?'F?V??v??6?6?V?G2Db?f????&?? :?&??'G2FR&?2?E?????BfV?GW&S?u2v??&???g&7G'V7GW&R'F?W'2???Bu2??FW&?F??????g&7G'V7GW&R'F?W'2??2WV?G??V?&W'2??F?R?Wr5D"v?V?B&W?6RF?RW??7F??rf6??G?F?B?V?VBF?F?RV&?2???cB?Bv2FW6?v?VBF???F?R???V"??F??Vv??B66????FFVB6??6RF??R???????#???FVVB?v?F??t ( ?276V?vW"G&ff?2&VF?7FVBF?&V6?3B?????76V?vW'2'?#3?v?F?r?R?????76V?vW'2W6??rF?R5D"?&W"?B???????rF?BF?R?Wr5D"6???B6??R6???V??Vv??F?R&??V7Bv?????6?VFRF?RFV???F????bF?RW??7F??r5D"?B76?6?FVB??g&7G'V7GW&R?BF?R6??7G'V7F????b?Wr?2?????7V&Rf??B?3RvFRFW&???'V??F??r??b??v?W2F??????????W2F?BF?R5D"6??G&7B6?&R6?v?VBV?F?W"?FW"F??2?V"?"??#B????v??rf?"w&?V?F'&V???r6W&V????F?F?R?6R?W?B?V"?B?FV?F??f?'7B?6R?V???r2V&?2#r?VB?b6???WF?????#??( ?vR&R??7G&?vW'2F?v?&???rv?F?&?fFR'F?W'2v?V??B6??W2F?'V??F??r?BFWfV????rFW&???2???R????fRF?????B?d?F?6VRF?B?( ?6??W2&W"?V?6Wv?W&R??Wr?R?????7V&R?fVWBFW&????2???VBf?"?Wv&??&W'G??v?F?&?WB3R?bF?R&??V7BFW6?v?6???WFVB??F??Vv?7W'&V?Bf???6??6??7G&??G2?V?F?B?????2?WBF?w&VRF??W66?Rf?"?G2FWfV???V?B??&f?V?B66?G??&?6??rFV??B( 2f?&V67G2&VF?7BF?BG&ff?27&?72?Wr??&?( ?2?'?'G2v???&?6R'??fW&vR?b"?"RW"??V?f?"B?V7BF?R?W?Bf?fR?V'2( 2V?7W&W2F?B&W.( ?27V66W76?"v???&RF6?VBv?F?F?R&??R?b6??F??V??rF?7VVW?R2?V6?66?G?2F?W?6??WB?bF?R6?G?( ?2?'?'B7?7FV????FVVB?&W"6?2F?B??7&V6??rF?R66?G??b?Wr??&?( ?2?'?'G2'?&W?6??r??B?B?WFFFVBf6??F?W2v?F??Wr?"Ww&FVB??W2F?BV???6R7W7F??W"6F?6f7F????WfV?2?B?W&F????Vff?6?V?7??v2?W"???6???V?vR?6?RF?W2???vWfW"?F?R?V'Bg&??&W?'B?77VVB'?&Vv?????????r76?6?F????%??v??6?6???2F?B?Wr??&?( ?2?'?'G2v???&R??R?bF?R&?vvW7Bv???W'2g&??F?RgV????G&?GV7F????b?W?DvV?FV6?????w??F?R&W?'B7FFW2F?BF?RU>( ?2?Wr?"G&ff?2??vV?V?B7?7FV?v???&??7BF?R66?G??b?Wr??&?( ?2?'?'G2?VffV7F?fV?V?&??rF?V?F???F?RFV??BV?F??B?V7B#3??Wr??&?7W'&V?F??2F?R??7B6??vW7FVB6??W2??F?Rv?&?Bv?F????7&VF?&?RB??&7&gB??fV?V?G2v?F???R???R&F?W2?bF?R7FGVR?b?&W'G?????v?fV?F??F?R%&W?'B?6?7VvvW7FVBF?BF?R????6??V?B7F'BF?6??6?FW"v?2?bV???6??r?&f?V?B66?G?B?G2?'?'G2'?V?F?W"FF??r?Wr'V?v?2?"??&?f??r?G2W??7F??r??W2?2&W7V?B?bF?Rf??F??w2?F?R?????2&W76??rf?"F?RV&?&?????WB?b?W?DvV????Wr??&??B?2&VwV?v?&???r6??6V?v?F?F?Rd??7GVG??b?G2?v?F?6??6?FW"v?B?FV?F??F?ffW&V?B?Wr'V?v??F???2&R?V?F??B??F?RgWGW&R?6?R??FW2F?B( ??FW&???V?G&VG2?bF?ffW&V?B?F???>( ??fR&VV?????VBB??F?Rf?'7B?6R?bF?R7GVG??v??6??26WBf?"6???WF????FW"F??2?V"?( ????R?bF?RF?V?&R6?V?B???R?bF?V?&RV7??( ?v&?VB&W"?v??v2V?6?F????B?WBF?BF?R?F?6?FVB??v?FWfV???V?B6?7G2B?wV&F?VffV7F?fV?'V?VB?WB??'V?v?V???6V?V?G2F?W&R??6RGv??bF?R7GVG??W?B?V"v???????Bv?B?Wr66?G?V???6??r?WrFW&???2?7W?'Bf6??F?W2?Bw&?V?B66W72??&?fV?V?G2?v?B&R?VVFVBB??F?&VR?'?'G2?v?V?&?F?7GVF?W2&R6???WFR?&W"??W2F?B????v???&R&?RF?vF?W"V??Vv???F?6?7W?'BF?v?F?F?Rd?BvW@???%?%Bt?$?B?TuU5B?4UDT?$U"#0??#???