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Port Authority awards record $2.3 Billion in contracts to MWBEs in JFK Airport transformation
msn.com ^ | April 30, 2024 | Bill Parry

Posted on 05/08/2024 4:55:08 AM PDT by lowbridge

The Port Authority announced on Monday a historic milestone in the ongoing $19 billion transformation of JFK International Airport, where a record $2.3 billion in contracts have been awarded to Minority and Women-Owned Business Enterprises (MWBE).

The JFK redevelopment also demonstrates a significant focus on working with local contractors, awarding more than $950 million in contracts to Queens-based businesses to date.

“When we embarked on this historic, $19 billion public-private effort to transform JFK into a world-class international gateway, we pledged that the economic opportunities generated at the airport would flow fairly to the neighborhoods surrounding the airport,” Port Authority Executive Director Rick Cotton said. “Working with our private partners at JFK and with our JFK Redevelopment Community Advisory Council, we have turned that pledge into economic reality for hundreds of MWBEs and local businesses.”

With Monday’s announcement, JFK surpassed the LaGuardia Airport redevelopment, which set the previous New York State record for MWBE participation in a public-private project with $2.2 billion in contracts awarded.

“The redevelopment of Kennedy Airport is about so much more than new gates and terminals. It’s about upward mobility and pathways to prosperity for thousands of Queens residents from historically marginalized communities who call the airport their workplace,” Queens Borough President Donovan Richards said. “Since ground was first broken, this project has been of, for and by Queens, and never has that been clearer than today, as we break MWBE participation records.”

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Culture/Society; US: New York
KEYWORDS: airport; business; jfk; minority; newyork
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To: lowbridge

I identify as black, latino and native American, I want’s me some of that money. Since I identify as all three of those ethnicities does that mean I get a three for one offer?


21 posted on 05/08/2024 7:59:06 AM PDT by kawhill (kawhill)
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To: lowbridge

“....is about so much more than new gates and terminals. It’s about upward mobility and pathways to prosperity...”


And there we have it. The main goal is not to provide actual improvements, but rather to provide jobs for ‘historically marginalized communities’, because that’s the whole point of airports, isn’t it?


22 posted on 05/08/2024 8:00:46 AM PDT by hanamizu ( )
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To: lowbridge

Republicans are a minority in New York

How many Republican-owned companies received contracts?


23 posted on 05/08/2024 8:19:44 AM PDT by Tai_Chung
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To: lowbridge

What an award. These firms will do absolutely nothing. It is a payoff to an extortion ring.


24 posted on 05/08/2024 10:28:35 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
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To: pepsionice

I think Newark airport ranks number one s holes in the world. All the worst international airports in the world are all in the USA.


25 posted on 05/08/2024 10:29:36 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
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