Revamping New York Airports: Mogul Puts Up Cash To Lobby For Infrastructure Upgrades

East
LaGuardia Airport circa 1940. (Courtesy Boston Public Library / Flickr)

LaGuardia Airport circa 1940. (Courtesy Boston Public Library / Flickr)

Joseph Sitt, a frequent flyer and the founder of Thor Equities, has channeled his frustrations with New York City’s congested and out-of-date airports into a new venture called the Global Gateway Alliance. The advocacy group is dedicated to improving operations and service at Kennedy, La Guardia, and Newark Liberty International airports. Sitt hopes the group will be able to press the government and Port Authority of New York and New Jersey to address the problems, such as the failing infrastructure, deteriorating terminals, and delays, that plague the three major metropolitan airports. Sitt, who will act as the Chairman, has jumpstarted the group with $1 million of his own money.

Related Stories