Global Legal Chronicle: JFK’s US$4.2 Billion New International Terminal 6 Development Project
November 22, 2022
O’Melveny represented a consortium consisting of Vantage Airport Group, JetBlue, American Triple I, and RXR Realty in an agreement to build, finance, and operate a new US$4.2 billion passenger terminal at New York’s John F. Kennedy International Airport (JFK). The financial close of the deal was announced on November 17. The terminal, to be named Terminal 6, will be built as an extension of JetBlue's existing JFK Terminal 5 and will eventually span across the entire site now occupied by JFK Terminal 7. The O’Melveny team was led by partner and co-chair of the firm’s Corporate Department Eric Richards, and partners M. Elizabeth Dubeck, Denise Raytis, and John Rousakis.
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