This $13.2 million Project Grant from the Department of Transportation Federal Aviation Administration Eastern Region, awarded under the Airport Improvement Program, COVID-19 Airports Programs, and Infrastructure Investment and Jobs Act Programs (CFDA 20.106), provides economic relief to airport concessions located at primary airports associated with New York, New York. Specifically, the funding will relieve eligible small and large airport concessions in Flushing, Queens from rent and minimum annual guarantee obligations from December 2021 through December 2025. The grant aims to prevent, prepare for, and respond to the COVID-19 pandemic by assisting eligible U.S. airports and airport concessions through this economic assistance program established under the American Rescue Plan Act. The Port Authority of New York and New Jersey will receive the grant funds on behalf of the airport concessions.
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