ARK Development, LLC, an affiliate of leading real estate company Racebrook Capital, announced today it has signed a 30-year lease with the Port Authority of New York and New Jersey to develop, finance, construct, operate and manage The ARK at JFK, a $48-million, 178,000 s/f state-of-the-art animal handling and intelligent air cargo facility. The ARK will be the world's only privately owned animal handling cargo terminal and USDA-approved, full-service 24-hour airport quarantine facility for the import and export of horses, pets, birds, and livestock. The ARK at JFK will be constructed ...
