Private Air New York

Summer 2026

Private Air New York Magazine

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www.privateairny.com 44   |   Private Air  Summer 2026 A Home Worthy of the Collection e rise of alternative assets has become one of the defining wealth trends of the past decade. Yet while collectors have become increasingly sophisticated in what they acquire, the environments available to house those collections have often remained surprisingly limited. "What we have seen is a gap between what people collect and the environments available to support those collections," Cunningham explains. "A collection of cars, art, or wine requires conditions that most homes cannot provide, and traditional storage does not match the quality or sensibility of what is being stored." e idea for e Hangar emerged from Cunningham's own experience as a collector. "We started e Hangar Group because that gap was visible to me as a collector before it was visible as a business. After buying my first Ferrari, I wanted to give it a home worthy of its beauty." at realization eventually evolved into a business model that would attract collectors throughout South Florida and beyond. e Hangar's Palm Beach International Airport location officially sold out within six months of completion, while inquiries continue to arrive despite the absence of available inventory. e demand reflects a broader shift among affluent buyers who increasingly seek environments that allow them to enjoy their assets rather than simply store them. WEALTH

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