Silverstein Bids Above $3 Billion for G.M. Building
Feb 20, 2008
The bids are in for the highly coveted General Motors Building, and it looks like it may be anointed the priciest property in America. The developer of ground zero, Larry Silverstein, who is thought t...
Port Authority Completes Excavation Work for WTC Towers 3 and 4
Feb 19, 2008
The Port Authority of New York and New Jersey has completed the excavation work for World Trade Center Tower 3. Following last month's announcement of the completion of excavation for the Tower 4 site...
WTC Owner Turns Over Land for 2 Towers
Feb 19, 2008
The World Trade Center site's owner turned over land where two office towers are planned to a developer, clearing the way for construction to begin soon on more skyscrapers at ground zero.
Living the Highest Life
Feb 14, 2008
While New Yorkers who inhabit the penthouses atop the tallest residential buildings in Manhattan are members of an exclusive group, an even loftier rank exists: the owner of the top-floor penthouse in...
Safety Director Hired to Oversee WTC Site
Feb 12, 2008
The World Trade Center site's owner has hired a safety director to oversee ongoing construction of skyscrapers, a transit hub and a Sept. 11 memorial at ground zero following a string of accidents at ...
Work At WTC Site Progressing Well
Feb 11, 2008
Comparing work at the World Trade Center site to building five Empire State Buildings at once, the head of the Port Authority says the agency is making progress that can't come fast enough. NY1's Aman...
Four Seasons Says Downtowns Time is Now
Feb 04, 2008
Luxury amenities Downtown are nothing new. From Tiffany to Hermes, high-end retailers are flocking to the rapidly developing district.
5-Star Power at WTC
Jan 30, 2008
Ground Zero developer Larry Silverstein yesterday unveiled plans for a Four Seasons hotel and luxury apartment tower a block north of the World Trade Center - part of a building boom that will double ...
Silverstein Partners with Four Seasons for New Downtown Development
Jan 29, 2008
Silverstein Properties President and CEO Larry A. Silverstein today announced an agreement with Four Seasons Hotels and Resorts - the world leader in luxury hospitality and service - to operate a hote...
Larry Silverstein Speech on Downtown Manhattan
Jan 29, 2008
Everyone here belongs to an extraordinary part of New York City. Six years ago, after 9/11, a lot of people wrote us off. The naysayers said that the residents who fled the area would never return, ...
Deutsche Building Demolition Will Finish this Year
Jan 24, 2008
The demolition of the former Deutsche Bank building will be finished by the end of this year, and the contaminated structure is equipped with new safety measures, including a system to detect gaps in ...
Extracting Survivors’ Stairway for a Home at the 9/11 Museum
Jan 17, 2008
With the new World Trade Center rising clamorously around it, the last standing vestige of the old World Trade Center is about to be uprooted.
Construction Begins at WTC Tower 4
Jan 11, 2008
The Port Authority says excavation work has been completed at the 1.4-acre Tower 4 site at the World Trade Center to make way for an office tower designed by architect Fumihiko Maki.
Demolition to Resume at Deutsche Bank Site
Jan 09, 2008
After nearly five months of inactivity, the Lower Manhattan Development Corporation is close to restarting the demolition of the former Deutsche Bank building, where work halted in August after two fi...
WTC Site Owner Teams with Australian Co. in $1.45B Retail Deal
Jan 04, 2008
The owner of the World Trade Center site is teaming up with an Australian retailer to develop upscale stores and restaurants in the new office towers being built at ground zero.
WTC Tower Construction To Begin Mid-January
Jan 03, 2008
The Port Authority has substantially completed the excavation of the basement area for Towers 3 and 4 at the World Trade Center site. In a prepared statement, it noted that it would complete the entir...
Statement by Port Authority Regarding Preparation of WTC Sites
Dec 31, 2007
The Port Authority announced today that it has substantially completed the excavation of the basement area for Towers 3 and 4 at the World Trade Center site, and that it would complete the entirety of...
President Signs TRIA
Dec 27, 2007
President Bush today signed the Terrorism Risk Insurance Act extending the federal backstop on terrorism risk insurance until the end of 2014.
Silverstein Properties and CalSTRS Purchase 1177 Sixth Ave
Dec 20, 2007
Silverstein Properties and its joint venture partner, the California State Teachers' Retirement System (CalSTRS), announced today that it has acquired 1177 Sixth Avenue in midtown Manhattan from Param...
Delay on 9/11 Shrine
Dec 19, 2007
The opening of the World Trade Center memorial to victims of 9/11 has been pushed back by two years until 2011, the Port Authority said yesterday.
Congress Extends Terror Insurance
Dec 19, 2007
Federal backstops for terrorism insurance, a result of the Sept. 11 attacks, would be extended for another seven years under legislation the House passed Tuesday and sent to President Bush.
A New Deal to Develop Ground Zero
Dec 18, 2007
The Port Authority of New York and New Jersey is expected to approve a deal Tuesday that would bring an international shopping center operator back to ground zero to help build retail space in the bui...
WTC Site Construction Update, December 2007
Dec 07, 2007
Steady progress on the site's signature elements of the Freedom Tower, the World Trade Center Memorial, and the new transportation hub has been ongoing since April of 2006. The following lists the maj...
Church Destroyed on 9/11 Donates Artifacts to Tribute Center
Dec 07, 2007
A crucifix recovered from ground zero and a photograph of a church that once stood near the World Trade Center were presented to a Sept. 11 visitors' center on the church's 91st anniversary.
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