JFK Hotel Complex is a Done Deal
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The TWA Flight Center complex will have a 505-room hotel, 40,000 square feet of meeting space, a spa, restaurants and a 10,000-square-foot observation deck.
Credit: MCR Development
NEW YORK CITY—Governor Andrew Cuomo has announced the formal approval of a long-range lease deal to turn the landmark TWA Flight Center at John F. Kennedy Airport into a vast hotel complex. Plans for the property—which is expected to open in 2018—were first announced earlier this year.
The project, approved today by the Port Authority of New York and New Jersey’s board of commissioners, calls for a 75-year lease agreement with Flight Center Hotel, a partnership of MCR Development and JetBlue Airways Corp., to remake the TWA Flight Center and its nearly six-acre site into JFK’s only on-airport hotel. MCR Development will maintain 95% ownership of the hotel and JetBlue will have 5%…
