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Old Posted Jan 14, 2015, 5:53 PM
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chris08876 chris08876 is offline
NYC/NJ/Miami-Dade
 
Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 45,859
I guess this could go here since I don't think we have a thread dedicated to JFK.
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Quote:
JFK to Offer New Port for Traveling Beasts



ARK Development LLC has signed a 30-year lease with the Port Authority of New York and New Jersey to develop a $48 million animal handling facility, which will provide medical services and temporary accommodations for thoroughbred racehorses, livestock and exotic and common pets that are traveling through the airport.

The 178,000-square-foot property will be the world’s only privately owned airport animal handling facility and is scheduled to open in the first quarter of 2016. It is expected to create more than 180 jobs and generate $108 million in revenue for the Port Authority over the 30-year lease.

It will be built at JFK’s Cargo Building 78, which has been vacant for nearly 10 years, according to the Port Authority. The center also includes 14.4 acres of surrounding open space for planes.

The lease is a culmination of more than three years of negotiations and research, a process including government agencies, private and public financing and designers specializing in work for animals, said John Cuticelli, Jr, chairman of Racebrook Capital Advisors LLC, the parent company of ARK Development.

“This process has been looked at by many different people in many different ways, but no one’s ever gotten around to doing it. To bring the public and private enterprises together—that is what has taken three years,” said Dr. Aaron Perl, managing director and general counsel at Racebrook.

Consolidated Aviation Services, an air cargo ground handler, is subleasing about half of the facility and handling non-animal cargo in the building. Paradise 4 Paws, a pet service center for cats and dogs, also is opening a 20,000-square-foot facility in the building.

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http://www.wsj.com/articles/whats-th...est-1421028098
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