• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LeadershipNew York

New York Governor Proposes a $10 Billion Renovation of JFK Airport

By
Reuters
Reuters
and
Michelle Toh
Michelle Toh
Down Arrow Button Icon
By
Reuters
Reuters
and
Michelle Toh
Michelle Toh
Down Arrow Button Icon
January 5, 2017, 2:09 AM ET
Sequester Cuts Expected To Cause Delays At U.S. Airports
NEW YORK, NY - FEBRUARY 28: People wait in a security line at John F. Kennedy Airport on February 28, 2013 in New York City. Should the $85 billion in automatic federal budget cuts, known as the sequester, go into effect Friday as scheduled, airport control towers in a number of states could close, putting pilots and staff members at risk. In addition to the closed control towers, Transportation Security Administration (TSA) workers could be furloughed, leading to long waits and confusion at many airport security checkpoints. (Photo by Spencer Platt/Getty Images)Spencer Platt Getty Images

New York Governor Andrew Cuomo proposed a $10 billion renovation of John F. Kennedy International Airport and surrounding roadways on Wednesday, his latest salvo in a roughly $100 billion push statewide to bring decaying old infrastructure into the modern era.

Cuomo‘s proposal, based on recommendations from a study panel, would transform the New York City airport by unifying its terminals, which are currently disconnected.

It would also redesign internal roadways to eliminate bottlenecks, centralize parking lots and revamp amenities, Cuomo said at a luncheon sponsored by the Association for a Better New York, a development industry group.

Those changes could cost up to $8 billion, most of which might come from private investments. A proposed expansion of the Van Wyck Expressway, which leads to the airport, would cost another $2 billion.

Mass transit improvements – either the creation of a one-seat ride to the airport or expansion of existing capacity – would carry a yet-undetermined price tag. Currently, mass-transit passengers have to take at least two trains or a bus and a train to the airport.

“This is a race, my friends,” Cuomo said, referring to London, Dubai and other international cities speeding ahead with major infrastructure developments and glamorous, state-of-the-art airport projects. “We sat on our laurels for too long.”

Speaking to reporters after the luncheon, Cuomo said the Federal Aviation Administration had “short-changed” New York on the number of flight slots allowed at the airport. He said officials would urge Washington to authorize more slots.

If it moves ahead, the airport revamp would follow a $4 billion renovation of LaGuardia Airport, the city’s other major airport, currently underway via a public-private partnership. Both airports are in the city’s Queens borough.

The airports are operated by the Port Authority of New York and New Jersey. While LaGuardia is notorious for its decrepit conditions, Kennedy Airport is in better shape, but still ranks 59th out of the top 100 airports in the world, Cuomo said.

The city is also served by Newark Liberty International Airport in New Jersey, which is run by the Port Authority.

The Democratic governor, viewed as a possible future presidential candidate, pushed New York City’s Second Avenue subway line – decades in the making – to finally open formally on Dec. 31.

Now in his second four-year term in office, he has emphasized big construction projects, including a replacement of the Tappan Zee Bridge across the Hudson River north of New York City and the LaGuardia Airport renovation.

The opening of the subway extension coincides with the incoming administration of Republican President-elect Donald Trump, who has pledged to jump-start infrastructure projects through tax credits.

About the Authors
By Reuters
See full bioRight Arrow Button Icon
By Michelle Toh
See full bioRight Arrow Button Icon

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

Woman holding a yellow umbrella that has become inverted in the wind.
NewslettersEye on AI
AI agents are getting more capable, but reliability is lagging—and that’s a problem
By Jeremy KahnMarch 24, 2026
3 hours ago
Khosla gestures with both hands
AIElections
Billionaire OpenAI investor Vinod Khosla thinks 80% of jobs could vanish by 2030, and that ‘fear of AI’ put American politics in a chokehold
By Jacqueline MunisMarch 24, 2026
5 hours ago
Aravind Srinivas, wearing a white sweater, lifts both of his arms in front of him.
Future of WorkLabor
Perplexity CEO says AI layoffs aren’t so bad because people hate their jobs anyways: ‘That sort of glorious future is what we should look forward to’
By Sasha RogelbergMarch 24, 2026
7 hours ago
boardroom
AIJobs
CFOs admit privately that AI layoffs will be 9x higher this year—and still a fraction of ‘doomsday’ predictions
By Jake AngeloMarch 24, 2026
7 hours ago
Middle EastLetter from London
As war continues to rage, the World Economic Forum is the latest to postpone Gulf conference in Saudi 
By Kamal AhmedMarch 24, 2026
8 hours ago
SuccessNCAA March Madness
From 12 hours of video games a day to Big Ten Player of the Year: The unlikely rise of Yaxel Lendeborg
By Sydney LakeMarch 24, 2026
8 hours ago

Most Popular

Commentary
The Treasury just declared the U.S. insolvent. The media missed it
By Fortune EditorsMarch 23, 2026
1 day ago
Personal Finance
Current price of gold as of March 23, 2026
By Fortune EditorsMarch 23, 2026
1 day ago
Economy
It took 200 years for national debt to hit $1 trillion. Annual interest alone now exceeds that—a 'crushing legacy we must reverse,' says budget chair
By Fortune EditorsMarch 23, 2026
1 day ago
Magazine
The youngest-ever female CEO of a Fortune 500 company is fighting Trump's cuts to keep Medicaid strong
By Fortune EditorsMarch 24, 2026
15 hours ago
Economy
Larry Fink says today's economic anxiety stems from people increasingly feeling like capitalism isn't working for them
By Fortune EditorsMarch 23, 2026
1 day ago
Personal Finance
Current price of silver as of Tuesday, March 24, 2026
By Fortune EditorsMarch 24, 2026
11 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.