Airports
Major NYC Bizav Hub To Seek Privatization
New York's Westchester County Airport could become the first commercially-served U.S. airport to be placed under private control.

An initial offer to privatize New York’s Westchester County Airport (HPN) has met with a chilly reception from the county’s lawmakers. In a legislative session last month, the county’s board of legislators investigated the deal Westchester county executive Robert Astorino proposed as part of his 2017 budget plan. Under the proposal California-based investment firm Oaktree Capital Management would take over control of the New York City-area, dual-use airport for the next 40 years.