The TWA Flight Center at JFK International Airport in New York welcomed travelers for four decades, but by 2001 the terminal had outgrown its usefulness and its future was thrown into uncertainty. The recent rehabilitation effort led by MCR/MORSE Development brought the fantasy and romance of air travel back to life in the form of the TWA Hotel.
The National Park Service and Rutgers University have released the Annual Report on the Economic Impact of Historic Tax Credits for FY 2017. Once again, the findings show the strength of the federal historic tax credit program in stimulating investment and communities and job creation.
In Buffalo, New York, there is a great architectural legacy forged by two centuries of commerce and some of the countries finest examples of architectural style from the Louis Sullivan Guaranty Building to the Art Deco Buffalo City Hall. Because the city has retained a large number of its historic buildings, there are many opportunities for historic rehabilitation projects utilizing federal and state historic tax credits.