Inframation understands that the Port of New York and New Jersey (PANYNJ) has named advisors for the LaGuardia AirTrain project.
EY has been named financial advisor for the project, while WSP and Lea+Elliott will serve as technical advisors. Nossaman and Stroock & Stroock & Lavan have been named legal advisors, said multiple sources close to the situation.
In May, 2017, the Port Authority of New York and New Jersey selected Parsons Brinckerhoff to conduct preliminary engineering and planning work for the project. The firm was also tasked with analyzing a DBFOM procurement and other options to determine he most advantageous financing plan for the AirTrain.
WSP is the parent company of Parsons Brinckerhoff.
The project includes construction of up to two AirTrain stations at the airport, as well as the construction of an AirTrain station at Willets Point, Queens.
The project also includes the construction of the “right-of-way” for the train from the airport to Willets Point.
The LaGuardia AirTrain link with the Long Island Railroad will provide a guaranteed 30-minute ride to the airport from midtown Manhattan to the airport, as Inframation reported.
PANYNJ and the Metropolitan Transportation Authority (MTA) are jointly procuring the project.