Foundation and First Mentions
The history of Teterboro as an independent administrative entity began in the early 20th century. The borough was officially incorporated on March 29, 1917, separating from the territories of neighboring municipalities in Bergen County. The town was named after Walter C. Teter, a New York investment banker who acquired vast tracts of land here with the aim of realizing major infrastructure projects.
Key Factors of Establishment
Teterboro's development followed a unique path due to a combination of several factors:
- Geography and Landscape: The flat, partially marshy terrain in close proximity to Manhattan was ideal for creating transport hubs requiring large open spaces.
- Shift in Priorities: Initially, Walter Teter planned to build a car racing track here, but he soon recognised the potential of aviation and repurposed the land for an airfield.
- The Airport as the City's Core: The construction of Teterboro Airport (the oldest operating airport in the New York metropolitan area) became the main driver of development, determining the entire future destiny of the settlement.
Early Cultural and Economic Features
From the moment of its foundation, Teterboro was formed not as a classic residential town, but as an industrial and aviation cluster. As early as the 1920s, production facilities were located here, including the factory of the famous aircraft designer Anthony Fokker. From the very first days, the city's economy was built around aviation services and equipment manufacturing, which led to a unique demographic situation: Teterboro has always been distinguished by an extremely small number of permanent residents alongside high business activity.