New York’s LaGuardia, Long in Tatters, Borrows Big for Facelift

Updated on
  • Port Authority has businesses share risk of $4 billion project
  • Private consortium issues $2.4 billion of municipal bonds

NYC's LaGuardia redesign.

Source: New York State Press Office

New York is about to find out whether it’s possible to build a 35-gate terminal at LaGuardia Airport around the existing one without disrupting operations or becoming plagued by cost overruns and delays.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.