Deals Counterparts

New Terminal One (NTO) at JFK Airport

company

The New Terminal One (NTO) is a $9.5 billion public-private partnership project to develop and operate a new international airport terminal at JFK Airport in New York. It will be the largest terminal at JFK, featuring 23 gates, 2.6 million square feet of space, and a large solar array.

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Founded 2022 Parent: Port Authority of New York and New Jersey
Airport Terminal Developer/OperatorDeveloperOperatorInvestor

Strategic Overview

  • The New Terminal One is a major public-private partnership (P3) project, highlighting a preference for collaborative financing and development models.
  • Emphasis on enhancing the international travel experience and reflecting New York's culture and energy.
  • Commitment to sustainability, evidenced by the inclusion of New York City's largest solar array (13,000 panels) within the terminal infrastructure.

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Key People

Jennifer Aument
CEO, The New Terminal One
Rick Cotton
Executive Director, Port Authority

Track Record

1
Deals Completed
$B9.5B
Total Value
Notable projects: The New Terminal One at JFK Airport

Detailed Analysis

Sectors
Airport Infrastructure (1 deal)Transportation Infrastructure (1 deal)Commercial Real Estate (1 deal)Renewable Energy (1 deal)TransportAirports
Geographies
United States (1 deal)
Deal Stage
DevelopmentConstructionGreenfieldOperating

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