Up Up and Far Away
If a boutique hotel in the South Bronx wasn’t enough to raise eyebrows, an offshoot of the slick Standard hotel empire at John F. Kennedy International Airport should do the trick.
The New York Post reported yesterday that the Port Authority selected Andre Balazs‘ hotel group to develop JFK’s TWA terminal, the modern architectural triumph masterminded in the late 1950s by Eero Saarinen.
Planes Trains & Automobiles
JFK will now have two missing terminals.
As The Observer and others have been lamenting for some time now, the day has passed for Jet Age JFK. Terminal 3 is being demolished to make way for more airplane parking to accommodate Delta’s expansion of Terminal 4. And now we learn that the same fate has befallen the Sundrome, which was unceremoniously destroyed last year, with no immediate plans for replacement. This leaves only the still-shuttered Terminal 5 as the last remnant of midcentury JFK.
And yet while a piece of architectural history may be gone, it could mean smoother flying for those in and out of JFK, which is really what the airport is all about.
Educational Affiliates is signing a 40,000-square-foot lease at 97-77 Queens Boulevard, a large office building owned by the LeFrak Organization in Rego Park, Queens.
The tenant operates career schools that train nurses, medical assistants, commercial drivers and computer specialists among other professions.
A source familiar with the lease said that Educational Affilitiates plans to open a nursing school at the location.
The Queens District Attorney’s Office
is considering a large lease in Forest Hills, Queens in offices that used to be occupied by the major airline JetBlue, several sources told The Commercial Observer
The office of the Queen’s DA, Richard Brown, is in talks to lease approximately 180,000 square feet at Forest Hills Tower, space that was formerly leased by JetBlue, which decided last year to relocate from the 500,000-square-foot building to Long Island City.
The Commercial Observer: Congrats on the JetBlue deal. How did you first get involved?
Mr. Brause: Back in 2001 we net-leased the entire building, the Brewster building—400,000 square feet—to MetLife Insurance Company. Two years later, they exercised an option for us to build out another 300,000 square feet in the rear parcel Read More
Aside from millions in city and state tax breaks, as part of the deal that kept JetBlue from absconding to Florida, the airline will receive certain rights to the slogan “I ♥ NY.” JetBlue will sublease 200,000 square feet from MetLife in Long Island City’s Brewster building, owned by Brause Realty, led by Read More