NEW YORK CITY—After a deal with hotelier Andre Balazs toredevelop the storied TWA terminal at JohnF. Kennedy International Airport fell apart earlier thisyear, the Port Authority of New York and NewJersey has released a request for proposals to convert theterminal into a hotel.

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On Friday, Aug. 8, the agency that controls the airport issuedthe RFP seeking developers to lease the landmark property for up to75 years, convert it into a hotel and operate it. The PortAuthority states in the RFP that it is looking to have theterminal, which first opened in 1962, converted into a hotel withintwo years of selecing a winning developer. The Port Authorityanticipates signing a lease for the building that begins on Jan. 1,2016, according to Crain's New York Business.

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The agency states in the RFP that it is seeking real estatedevelopers and hotel owners/operators to respond to thesolicitation. “This RFP is part of a process to identify adevelopment team capable of completing an adaptive reuse of thelandmark Trans World Airlines Flight Center, Building #60 (FlightCenter) located at John F. Kennedy International Airport, as a highquality hotel that is economically viable and respects the historicsignificance of this property,” the agency states.

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The RFP also states that the developer will have the soleresponsibility of obtaining all equity and debt necessary for theproject.

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New York City landlord and developer JosephSitt, who has been an advocate for improvements to theregion's airports, said of the TWA terminal project, "Majorairports around the country and the world have first-class hotels.New York's major international airport should have one too. A hotelis a particularly good fit for the TWA Flight Center, which is suchan icon of flying's golden age." See story in Crain's New York Business.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.