Flexjet Moves to White Plains
The Westchester County Industrial Development Agency (IDA) announced a series of incentives on Friday that will help Flexjet relocate its fractional jet charter operations from Teterboro, New Jersey to Westchester County Airport at Hangar “F.”
It is expected that the renovation of the hangar will take about four months.
According to a statement from the Westchester County Executive’s office, the move will bring an initial 38 high-wage permanent jobs to Westchester and create an additional 55 permanent jobs over the next five years.
Flexjet provides businesses and entrepreneurs private air travel on corporate jets through various contracting opportunities. Robert Astorino noted in the Friday statement that such a high-level of global travel opportunities would attract business to Westchester County.
The financing and tax-exemptions made available through the IDA help defray the cost of the move from Teterboro and support the $5 million renovation project. The construction project is expected to begin in May and transform the hangar into a state-of-the-art facility and convert the current office space into a modern, technologically advanced passenger lounge.
The highly skilled and high-paid positions that Flexjet expects to create over the next two-to-five years range from pilots to maintenance technicians and supervisors to facility managers and inspectors.
In the same announcement, the IDA also announced that Friedland Realty Advisors, a commercial brokerage firm currently based in Yonkers, has decided to relocate to a larger space at 440 Mamaroneck Avenue in Harrison.
The 45-year old firm chose staying in Westchester over moving to New York City, Stamford or New Jersey, because, “Location, location, location,” said Ayall Schanzer, Friedland Realty Advisors president and CEO. “Westchester positions us to be a dominant regional player with close proximity to our target customers and desirable inventory.”
The IDA incentives will finance the renovation of their new space as well as purchases that will upgrade the firm’s technological capabilities. The firm anticipates hiring four executive-level employees and contracting with seven real estate brokers over the next year, adding to its existing seven full-time employees and 26 brokers.