New Airport Planned To Ease New York Air Congestion

With high traffic and no ability to expand existing runways, the Port Authority of New York and New Jersey is redeveloping an old Air Force base into the region's fourth major airport.

1 minute read

March 4, 2008, 1:00 PM PST

By Nate Berg


"Stewart Airport, an abandoned Air Force base 60 miles up the Hudson River from Manhattan, is being transformed into a fourth airport for the Port Authority of New York and New Jersey, New York's airport operator."

"Unable to build additional runways at La Guardia, Kennedy and Newark Liberty airports, the Port Authority paid $78.5 million to buy a 93-year lease on Stewart and pledged to invest $500 million more to turn it into a bustling hub. The state of New York just completed construction of a new access road and is working on making interstate highways connect more easily to the airport. And the Port Authority has already built a 400-spot parking lot."

Tuesday, March 4, 2008 in The Wall Street Journal

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