True, the Hollywood park's getting something meant to be viewed via a tram, but they could re-use some footage or even assets from that production; gear it to a bi-plane trying to take down King Kong over the NYC skyline, or a fight against a Dino on Skull Island, or even a theatre show as the "Eight Wonder" where he escapes.
Right now, King Kong isn't featured in an attraction at any Universal park, and would be a good marquee ride/show/film right at the entrance to the park. I guess this could go a number of places (Twister's building, T2's building, or anywhere in New York Street would fit thematically), but it'd be a good way to bring back Kong. It's Kong that started the idea of a Universal theme park in the first place.