Governor Hochul Announces Plan to Build World-Class $9.5 Billion International Terminal at JFK Airport

Governor Kathy Hochul today announced that the Port Authority of New York and New Jersey has reached a revised agreement with The New Terminal One (NTO) – a consortium of financial sponsors – to build a 2.4 million square foot state-of-the-art new international terminal that will anchor the south side of John F. Kennedy International Airport.

The $9.5 billion project will be built in phases and will create more than 10,000 jobs, becoming the fourth major terminal project announced by the Port Authority as part of a complete transformation of JFK into a world-class airport worthy of New York and the region.

When completed, The New Terminal One will be the largest international terminal at JFK and aspires to be among the top-rated airport terminals in the world.