Private Air New York

www.privateairny.com  |   45 Private Air  Summer 2026 Beyond Storage e distinction between e Hangar and conventional storage facilities extends far beyond architecture and security. Each privately owned unit is delivered as a blank canvas, allowing owners to customize the space around their individual passions. Some become automotive galleries showcasing rare Ferraris, Lamborghinis, Porsches, and vintage classics. Others evolve into sophisticated entertaining environments complete with wine collections, art installations, executive lounges, private offices, and hospitality-focused gathering spaces. "ere are practical limitations, and there are experiential ones," Cunningham says. "On the practical side, most homes cannot accommodate the scale, security, or climate requirements that collections of this caliber demand." Every Hangar features superior construction, individually controlled temperature and humidity systems, generous ceiling heights, hurricane-rated motorized garage doors, advanced security, private restrooms, and optional mezzanine expansions. Yet the experiential component may be the most compelling. "A collection sitting in a residential garage or a remote storage facility rarely gets used or shared," Cunningham explains. "At e Hangar, owners are designing their hangars as galleries, lounges, and entertaining environments. Combined with the ownership amenities and the community, the collection becomes part of how owners live and host." e evolution mirrors broader trends throughout the luxury landscape. "It is very much part of that shift," says Cunningham. "Private aviation is one example. e category has moved toward fractional ownership and membership models that prioritize convenience and community. e Hangar reflects the same evolution." Like many modern luxury categories, value increasingly extends beyond the physical asset itself. What owners ultimately seek is a combination of access, experience, personalization, and connection. WEALTH

• Cover