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SR Aviation Infrastructure Acquires Republic Jet Center Site for New FBO Development

SR Aviation Infrastructure has acquired the development site for the Republic Jet Center at Republic Airport (FRG) in Farmingdale, New York. The company secured a 40-year ground lease to construct a new premier Fixed-Base Operator (FBO) facility. The project will feature a 35,000-square-foot hangar and a 15,000-square-foot passenger terminal. This development marks SR Aviation's first FBO project. The new facility aims to provide modern, high-end services and alleviate congestion at the busy New York-area airport.

Official Source: https://www.aviationpros.com/airport-business/fbos-tenants/news/55361870/sr-aviation-infrastructure-acquires-republic-jet-center-development-site-at-republic-airport