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Plane crashes into building near airport outside of NYC

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A small plane has crashed into a building near Teterboro Airport on Monday afternoon, causing black smoke to lift into the sky, multiple New York City media sources report. 

The plane is a Learjet 35, which is a small business jet. The FAA said the plane was coming in for landing when it missed the runway around 3:30 p.m. local time. 

The FAA said the plane missed the runway by 1/4 of a mile, and landed in a residential area near the airport. 

Both the pilot and co-pilot died in Monday's crash.  No one else was on board.

Teterboro Airport is located about 10 miles west of New York City in New Jersey. The plane departed from Philadelphia International Airport.