Home Tags Oaktree Capital Management
Tag: Oaktree Capital Management
A partnership between a New York-based infrastructure company and a Spanish conglomerate has emerged as the third bidder for the Westchester County Airport.
Gelfarb cited a number of reasons for his opposition to the privatization of the Westchester County Airport, including the lease term and environmental issues.
The company plans to respond to a request for proposals issued by the county earlier this month to operate the airport.
The Board of Legislators passed a $1.8 billion "flat" budget for 2017, though some Democrats criticize the budget for stretching the county’s operations too thin.
The $140 million plan that would transfer management of the Westchester County Airport to a Los Angeles-based investment firm must be approved by the County Board of Legislators.
The county expects the 40-year, revenue-sharing deal to improve passenger experience, energize the local economy and strengthen environmental protections without increasing the airport’s footprint.