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New York & Tri-State  + Outer  + Hospitality  |  March 19, 2024
Emily Fu
By: Emily Fu

Port Authority, Westfield Launch JFK Commercial Program 

The Port Authority of New York and New Jersey (PANYNJ), The New Terminal One (NTO), and Unibail-Rodamco-Westfield (URW) Airports have unveiled the commercial program for the new $9.5 billion all-international terminal at John F. Kennedy International Airport (JFK), set to open in 2026. 

The New Terminal One will be JFK’s largest terminal, with 23 gates and over 2.4 million square feet of retail, dining, and lounge space. URW Airports has issued a global duty-free Request for Proposals (RFP), aiming to showcase local products. The project is part of a $19 billion transformation of JFK, aiming to provide a passenger experience on par with the world’s great airports. The redevelopment includes Terminal 6, Terminal 4 expansion, and Terminal 8 modernization. 

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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