Sheltair has officially commenced the initial land clearing on a new multimillion dollar premier FBO terminal and aircraft hangar complex at Republic Airport (FRG) in East Farmingdale, New York, USA. The site preparation marks the September 1 enactment of the New York State sales-and-use tax exemption on general aviation transactions, which is expected to create enormous economic benefits for the entire state.
“If Governor Andrew Cuomo was hoping to see immediate results from Albany’s decision to pass this progressive legislation he need not look further than state owned Republic Airport,” explained Warren Kroeppel, Sheltair’s chief operating officer.
“On the very date that this tax exemption takes effect, Sheltair has commenced its initial site preparation phase on some 40 acres of airport property set aside and approved for this purpose after an exhaustive environmental, economic and operational review and approval by a variety of regulatory agencies and the surrounding airport community.
“Sheltair’s decision to proceed with this FBO and hangar development project reflects our full faith and confidence in the role of Republic Airport as a key general aviation transportation center, and the strategic benefits including economic development – and ultimately new permanent jobs – that will be generated by the aviation sales tax exemption, and the ability of Sheltair to meet the demands of the general aviation community seeking access to 21st century state-of-the-art FBO services, amenities and new aircraft storage facilities.”
Sheltair’s multi-million dollar aviation development project at Republic Airport includes 210,000ft² of new hangar space with door heights a minimum of 28ft to accommodate the latest corporate jets, thereby ensuring that the needs of a robust and vital general aviation community can be met.
September 14, 2015