NYCEDC terminates Saker's Heliport concession; only revenue source lost

Saker Aviation Services, Inc.

NYCEDC notified Saker on March 4, 2025, terminating the Concession Agreement effective March 29, 2025.
Saker must vacate and cease use of the Downtown Manhattan Heliport by March 29, 2025.
The Heliport operation was Saker's only revenue generating business, resulting in a complete loss of revenue.

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