New 43-year Tweed New Haven Airport lease that would facilitate expansion to come before authority Wednesday

The Airport Authority will consider authorizing the authority’s chairman and vice chairman to sign the new lease in a virtual meeting at 4 p.m. Wednesday. The authority, through a long-term sublease and development agreement, would cede control of certain portions of the airport to “The New HVN LLC,” a new corporation that is a subsidiary of Avports, LLC. Avports, owned by a subsidiary of Goldman Sachs, has managed Tweed New Haven Regional Airport for the past 23 years in exchange for the company investing money in airport operation and expansion, eliminating $1.8 million in annual city and state subsidies. They also call for Avports to build a new, 74,000-square-foot, carbon-neutral terminal with 4-6 departure gates on the East Haven side of the airport, with a new entrance to be constructed off Proto Drive in East Haven. East Haven Mayor Joe Carfora criticized the authority Monday in an email to authority Chairman (and former West Haven Mayor) Picard — just before three East Haven representatives on the authority voted against going into closed-door executive session to discuss the proposed new lease, saying hundreds of pages had been dropped on them at the last minute.

https://www.nhregister.com/news/article/New-43-year-Tweed-New-Haven-Airport-lease-that-17378004.php?t=1eaa9e2664&src=nhrhpdesecp

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