Modern Aviation and Sheltair’s previously agreed-upon sale of the latter’s FBO at Long Island Mac Arthur Airport (KISP) has been approved and concluded today with the handover of the facility. The deal, first announced in October, described Sheltair’s divestiture in the New York market, with Modern agreeing to purchase the Florida-based aviation real estate and service provider’s facilities at five area airports.

Sheltair said the move will allow it to concentrate its expansion efforts in its home state, as well as Georgia and Colorado where it also operates. Last month, the two companies consummated the transaction for the former Sheltair FBOs at New York City John F. Kennedy International and La Guardia airports, which are the lone private aircraft service providers at both locations.

The remaining two Long Island properties—at Republic Airport in Farmingdale and at Francis S. Gabreski Airport in Westhampton Beach—are expected to transact in the coming weeks. Modern has offered to retain all former Sheltair employees during the transition.

“We believe that increasing our presence in New York will allow us to better service our customers in the Northeast,” explained Modern CEO, Mark Carmen. “Adding a base at [KISP] is a major step in our strategy to continue growing our platform in attractive markets.”