Balazs in talks to develop landmarked TWA terminal, report says

TRD New York /
Dec.December 04, 2012 03:00 PM

Hotelier Andre Balazs, known for developing the Standard Hotel in the Meatpacking District and the Mercer hotel in Soho, is in talks with the Port Authority of New York and New Jersey to develop the Eero Saarinen-designed Trans World Airways terminal at John F. Kennedy airport into a hotel, the Wall Street Journal reported. A Balazs spokesperson declined the Journal’s request for comment and a Port Authority spokesperson told the paper that they’re “talking to an individual on this,” and that there’s nothing yet to announce.

But according to the Journal’s sources, the Port Authority aims to strike a deal with Balazs in the coming months.

The terminal shuttered in 2001, after TWA was bought out by American Airlines. As previously reported, the Port Authority began seeking developers more than a year and a half ago to turn the landmarked site into a 150-room hotel following a $20 million property renovation.

There would be challenges to developing a hotel inside the terminal, let alone a hight-end boutique one. Hotels located near JFK command lower prices than Manhattan hotels. Another challenge is that JFK is fragmented into seven different terminals — terminal connections from the hotel would only be provided by road or the airport’s Air Train. But the Port Authority has maintained that the TWA terminal hotel would be the closest hotel to the terminals. [WSJ] — Zachary Kussin


Related Articles

arrow_forward_ios
Renderings of 130-02 South Conduit Avenue and Triangle Equities’ Joshua Weingarten (Credit: Terminal Logistics)

Triangle Equities lands $87M loan for massive JFK warehouse project

Rep. Alexandria Ocasio-Cortez, Governor Andrew Cuomo (inset) and a rendering of LaGuardia's AirTrain (Credit: Getty Images, ANewLGA)

AOC joins in fight against Cuomo’s $2B LaGuardia AirTrain project

Cushman & Wakefield CEO Brett White and the Oculus (Credit: Cushman & Wakefield and Unsplash)

Cushman’s management contract at Oculus extended despite woes

The architect claims the design, construction and marketing of the tower rips off the design of a tower he planned and modeled for his thesis

Lawsuit over WTC design is whittled down

Families that made New York City: The legacy of the Rockefellers

Families that made New York City: The legacy of the Rockefellers

Santiago Calatrava with the Constitution Bridge in Venice and the Oculus (Credit: Getty Images)

It’s not just the leaking Oculus: Santiago Calatrava hit with suit over Venice bridge

MCR Development CEO Tyler Morse and a rendering of TWA Flight Center

Revamped TWA Flight Center at JFK lands $270M loan

Kevin O'Toole of the Port Authority with Port Authority Bus Terminal and the Javits Center (Credit: Wikipedia)

Port Authority considering three options for new Midtown bus terminal

arrow_forward_ios
Loading...