In the News | By Kelsy Chauvin | December 31, 2009
From the topping out of downtown’s new tallest skyscraper (Beekman Tower), to the bottoming out of a deconstructed tower (Fiterman Hall), the final weeks of 2009 brought a remarkable wave of construction accomplishments. The milestones mark a turning point in the rebuilding of Lower Manhattan since 9/11, with public and private works delivering long-awaited promises to the community. Here’s a recap of recent achievements.
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In the News | December 17, 2009
NY1 News.com
The Tribute in Light, one of the most cherished memorials of the September 11th terrorist attacks, will continue through the 10th anniversary of the attacks. Read more...
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In the News | By Alfonso A. Castillo | December 12, 2009
Newsday
A $200,000 grant will enable the National September 11 Memorial & Museum to preserve the "last column," which stood amid the rubble of the World Trade Center for months after the 2001 terror attacks, museum officials announced Friday. Read more...
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In the News | December 11, 2009
World Trade Center Tower 4 got above street level last week as the first steel arrived for the project at the southeast corner of the site. Contractors for Silverstein Properties had been constructing the tower's concrete foundation until now. Read more...
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In the News | December 08, 2009
Shari Natovitz leads the two-employee risk management group at Silverstein Properties Inc., which is building three towers at Ground Zero in Manhattan along with building and managing other residential and commercial construction projects and properties in New York. Read more...
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In the News | By Eliot Brown | December 07, 2009
There’s a narrative that has been playing out over the redevelopment of the World Trade Center site practically since redevelopment was first discussed: delays, infighting; ballooning costs. And while this still dominates the conversation—there is currently a standoff over when to build office towers on the eastern portion of the site, and how they should be financed—there is, in fact, quite a bit of construction going on at the 16-acre site. Read more...
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In the News | By Kelsy Chauvin | December 07, 2009
It occupies the majority of the World Trade Center (WTC) site, and after years of coordination, planning and fundraising, the National September 11 Memorial & Museum is finally taking shape. The Memorial’s elaborate designs and construction plans involve a large team that came together to complete this very intricate and unique job and Lou Mendes has been a key decision-maker in the process. Read more...
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Construction Updates | December 07, 2009
The Broadsheet Daily
This schedule for work at the World Trade Center site through Dec. 18 is subject to change due to inclement weather or other unforeseen conditions/factors.
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In the News | By Frank Lombardi | November 23, 2009
Eight years after 9/11, there's a bit of good news at Ground Zero: Fiterman Hall has finally been reduced to a hole in the earth. Read more...
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In the News | November 20, 2009
On Wednesday, November 25th -- more than a month ahead of schedule -- the Metropolitan Transportation Authority will reopen the northbound platform of the Cortlandt Street R/W subway station at 3 p.m. Read more...
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In the News | November 20, 2009
From 2002 to mid-2009, Fiterman Hall stood just north of the World Trade Center, wrapped safely in scaffolding and netting. Now the 15-story building has virtually disappeared after just four and a half months of demolition.
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In the News | November 17, 2009
Already the north tower’s footprint is clear -- a square concrete hollow that will eventually hold a reflecting pool surrounded by the largest man-made waterfall in the world. Nearby, the south tower’s footprint is halfway done, and below grade, oversized artifacts are being moved into their future homes. Read more...
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In the News | By Joe Daniels | November 03, 2009
Over the past year, steel and concrete have filled the western half of the World Trade Center site, shaping the memorial pools and forming the underground spaces of the museum. This tremendous construction progress is keeping us on track to reach our goal to open the memorial by the tenth anniversary of the 9/11 attacks in 2011. Read more...
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In the News | By Deepti Hajela | November 02, 2009
Associated Press
The new Navy assault ship USS New York, built with World Trade Center steel, arrived in its namesake city Monday with a 21-gun salute near the site of the 2001 terrorist attack. Read more...
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In the News | October 28, 2009
There are many stakeholders who work diligently to ensure Lower Manhattan’s place as one of the most vibrant and viable locales in the country. But among the many elected officials, business owners, developers, and other local leaders, few have the personal commitment of Catherine McVay Hughes.
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In the News | By Charles V. Bagli | October 08, 2009
Shrouded in foreboding black safety netting, the former Deutsche Bank building near ground zero has loomed over Lower Manhattan as a jagged reminder of both the 9/11 terrorist attack and the lengthy delays in rebuilding the neighborhood. Read more...
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In the News | By Josh Rogers | October 02, 2009
The Downtown Alliance has taken a new look at the neighborhood now known as Greenwich Street South with a $400,000 study and an outdoor exhibit displaying some of the ideas. Read more...
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In the News | September 25, 2009
EmpireStateNews.net
The Port Authority today was awarded a $48.3 million federal stimulus grant for projects that will enhance security on its PATH rail system. The money will be used to upgrade PATH infrastructure to enhance the security for the millions of customers who use it each year. Read more...
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In the News | By Downtown Express | September 25, 2009
Lower Manhattan gets two great additions to our cultural landscape this week. One such addition is too rare an occurrence for our tastes, so two is certainly cause to celebrate. Read more...
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Press Releases | September 09, 2009
The heart of New York City’s historic Downtown was attacked and destroyed on 9/11. While the economy has created challenges, we have an obligation to our city and to our nation to rebuild. And the Port Authority took $2.75 billion out of the insurance fund for rebuilding based on its commitments to make it possible for us to rebuild at the WTC. I agree with Mayor Bloomberg and Speaker Silver that the cause is too important to give up – we owe it to the world, to our country, our city, and our Downtown community to keep our promises to rebuild after the worst terrorist attack on American soil in our nation’s history. Read more...
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Press Releases | September 08, 2009
On September 10, 2009, to kick off the first annual 9/11 National Day of Service and, the Tribute WTC Visitor Center, USO and MyGoodDeed.org will host Remembrance an afternoon of volunteering. Volunteers will work together to stuff 5,000 USO care packages that will be sent to our military forces. The event will take place from 2pm to 4pm at 7 World Trade Center, 250 Greenwich Street. Read more...
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In the News | By Matt Dunning | September 01, 2009
On this, the eighth anniversary of the Sept. 11 attacks, there is plenty of progress to be seen at the World Trade Center site. Read more...
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In the News | By Matt Dunning | September 01, 2009
On Monday, Aug. 24, more than seven years later, the same 60-ton column was returned to the site wrapped in white, a sign, some officials said, of rebirth at the site of the worst terrorist attack on American soil. Read more...
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In the News | August 26, 2009
A nearby exhibit opened Wednesday. The 9/11 Memorial Preview Site is housed in old camera shop on Vesey Street, near Broadway. Read more...
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In the News | By David Levitt | August 24, 2009
The Port Authority of New York and New Jersey turned over a parcel of land at the World Trade Center site in Lower Manhattan to developer Larry Silverstein today, which the authority said obligates Silverstein to deliver three office towers by the end of 2014. Read more...
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In the News | By Grace Rauh | August 20, 2009
The Port Authority says its confident the September 11th Memorial will be open by the 10-year anniversary of the terror attack. But New Yorkers hoping to visit in the weeks afterwards, may be out of luck. Read more...
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Press Releases | August 19, 2009
Good afternoon Chairman Gerson and Council Members. Thank you for this opportunity to address some important issues, as well as to dispel some misinformation, relating to the rebuilding of the World Trade Center site. Read more...
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In the News | By Kathleen Horan | August 18, 2009
Some less than attractive downtown spaces are being spruced up thanks to a public art program. The initiative called "Re: Construction" covers concrete barriers, chain link fences and other eyesores with colorful art installations featuring flowing fabric or murals of flying animals and lush landscapes. Read more...
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In the News | By Douglas Feiden | August 14, 2009
A construction company that built casinos in Las Vegas where nine workers died over a two-year period snared a super-sensitive, $192 million contract Thursday to rebuild Greenwich St. at Ground Zero. Read more...
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In the News | August 12, 2009
Amid a number of setbacks and a mounting feud, a big sign of progress will finally be made at the World Trade Center Site today. Read more...
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In the News | August 11, 2009
Artists looking for somewhere to display their work now have a chance to be seen at one of the city's most high-profile places - the World Trade Center site. Read more...
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In the News | By Daryl Lang | August 11, 2009
After years of delay, steel is finally rising from the pit where the Twin Towers stood. As workers rebuild the World Trade Center in Lower Manhattan, a grant program has given four emerging photographers close-up access to the tightly controlled construction site. Read more...
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In the News | By Douglas Feiden | August 05, 2009
NY Daily News
The Port Authority's failure to rebuild Ground Zero is "unacceptable" and cannot be allowed to continue, Mayor Bloomberg said yesterday. Read more...
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In the News | By Sheldon Silver | August 05, 2009
WITH the eighth anniversary of the 9/11 attacks just a few short weeks away, New Yorkers face the unfortunate prospect of yet another anniversary where work at the site has ground to a halt. Read more...
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In the News | By Jennifer Peltz | August 05, 2009
A monthslong dispute over who should pay to build office towers at the World Trade Center site is headed to arbitration after a developer called Tuesday for a binding ruling on a standoff that threatens to stall ground zero rebuilding. Read more...
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Press Releases | August 04, 2009
Silverstein Properties today presented the Port Authority of New York & New Jersey with a “Notice of Arbitration” letter. The notice is in direct response to the Port Authority’s inability to meet its rebuilding obligations at the World Trade Center and the major financial and physical impacts of these failures on the Silverstein organization’s ability to rebuild. Read more...
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In the News | By Douglas Feiden | August 03, 2009
A secret report predicts the Freedom Tower - billed as America's defiant answer to terrorism - won't be finished until 17 years after the 9/11 attacks. Read more...
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In the News | By Julie Shapiro | August 03, 2009
If the 9/11 memorial at the World Trade Center site is going to open on the 10th anniversary of the attacks, two things are necessary: first, a completed memorial plaza, and second, a way to access it. Read more...
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In the News | By Charles Bagli | August 01, 2009
Nearly three and a half years after workers began stripping hazardous materials from the former Deutsche Bank building near ground zero, officials expect the project will finally be finished next week. Read more...
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In the News | By Matt Dunning | July 28, 2009
The governor insisted that he and Silverstein Properties arrived mutually at the decision to postpone arbitration-a process that, he said, could take up to nine months. Read more...
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In the News | By Julie Shapiro | July 27, 2009
Ashia Johns goes to work every day wearing a white hard hat on her head and a flashy white-gold diamond ring on her left hand. Read more...
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In the News | July 24, 2009
In a modest lot in Orange, New Jersey, a section of 4 World Trade Center (4 WTC) has risen. It is a "curtain wall mock-up" of the future skyscraper's façade, commissioned by developer Silverstein Properties and erected by metal fabricator firm MetFab this spring. Read more...
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In the News | By Julie Shapiro | July 17, 2009
Construction on the World Trade Center's proposed Performing Arts Center could not begin for six years at its current location, but the center may move to Tower 5, where construction could begin sooner. Read more...
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In the News | July 17, 2009
A view of the National 9/11 Memorial, from any height around the World Trade Center (WTC), shows the multi-level structure taking shape faster than even its own construction managers expected. Read more...
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In the News | July 17, 2009
As deep down as 1,500 feet below the street, all the way up to 850 feet in the sky, there are a multitude of groundbreaking techniques, materials, and other innovations afoot on Lower Manhattan projects Read more...
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Construction Updates | July 17, 2009
Construction is underway at the World Trade Center site in Downtown Manhattan. The following lists the major work taking place currently at the site Read more...
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In the News | By Matt Dunning | July 15, 2009
In an unusually candid public appearance by one of the major players in the redevelopment of the World Trade Center site, Silverstein Properties executive Janno Lieber said on Monday, July 13, that the developer would ask for a "significant damage award" from the Port Authority if the two parties enter into arbitration later this month. Read more...
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In the News | By Julie Shapiro | July 15, 2009
A Silverstein Properties executive slammed the Port Authority's most recent proposal for the World Trade Center site Monday night but also said it could represent a small step in the right direction. Read more...
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In the News | By Jennifer Peltz | July 15, 2009
Associated Press
Volunteers and Sept. 11 victims' relatives will read the names of the lost together at this year's commemoration, and the families will again be able to pay respects at ground zero even though the site is under construction, officials said Tuesday. Read more...
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In the News | By Jennifer Peltz | July 14, 2009
Associated Press
Volunteers and Sept. 11 victims' relatives will read the names of the lost together at this year's commemoration, and the families will again be able to pay respects at ground zero even though the site is under construction, officials said Tuesday. Read more...
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In the News | By Tom Topousis | July 07, 2009
Ground Zero developer Larry Silverstein warned yesterday that he will ditch stalled talks with the Port Authority over rebuilding the World Trade Center and will take the case to arbitration if the two sides can't reach a deal within two weeks. Read more...
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In the News | By Charles Bagli | July 07, 2009
The developer Larry A. Silverstein, who is to build three towers at the World Trade Center site, opened up a new front Monday in his dispute with the Port Authority of New York and New Jersey, saying the authority has violated the development agreement at ground zero and is hopelessly behind schedule. Read more...
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In the News | By Steve Cuozzo | July 07, 2009
ALL of the space ABN Amro has put up for sublease at 7 World Trade Center has been spoken for or soon will be, sources said yesterday. Read more...
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Press Releases | July 07, 2009
Silverstein Properties today provided the Port Authority of New York & New Jersey with a “Notice of Dispute” letter. The notice reflects the Port Authority’s inability to meet its rebuilding obligations at the World Trade Center and the major financial and logistical consequences of these failures on the Silverstein organization’s ability to rebuild. Read more...
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In the News | By Steve Cuozzo | July 05, 2009
Everyone knows the Port Authority's planned World Trade Center Transportation Hub is huge. The PA celebrates the fact, boasting on its Web site that the Hub "is comparable in size to Grand Central Station." Read more...
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In the News | By Daniel Geiger | July 05, 2009
Last year, at the behest of Gov. David Patterson, the Port Authority announced that the construction timetable and budget for rebuilding the World Trade Center had likely swelled beyond the official figures at that time. Read more...
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In the News | By John Majeski | July 05, 2009
Real Estate Weekly
Quinn said she sided with Assembly Speaker Sheldon Silver and Mayor Michael Bloomberg when asked about a recent New York Times editorial that slammed the pair for wanting the Port Authority of New York and New Jersey to dish financing for office space at the World Trade Center site. Read more...
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In the News | By Patrick McGeehan | July 02, 2009
The entity that collects royalties almost every time somebody plays a Michael Jackson tune is exporting about 32 jobs to Nashville as it prepares to move from Midtown to the 7 World Trade Center office tower. Read more...
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In the News | By Jennifer 8. Lee | July 02, 2009
More than 250,000 gallons of concrete were poured over 14 hours for 1 World Trade Center starting on Tuesday night, giving shape to the base of a large fountain on the plaza level and boxes where trees will be planted. Read more...
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In the News | By Cody Lyon | June 23, 2009
When it comes to rebuilding the World Trade Center, the Port Authority needs to "figure out a way to come up with something" for financing the project, said Mayor Michael Bloomberg during a radio address on Friday. Read more...
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In the News | By Doug Feiden | June 19, 2009
Mayor Bloomberg floated a new plan yesterday to break the deadlock at Ground Zero - take millions of dollars away from Moynihan Station. Read more...
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In the News | By Douglas Feiden | June 17, 2009
It's the Port Authority's fault. Mayor Bloomberg is pinning much of the blame for an impasse in talks over thefuture of Ground Zero on the Port Authority. Read more...
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In the News | By Tom Topousis | June 17, 2009
Mayor Bloomberg and Assembly Speaker Sheldon Silver joined forces yesterday to single out the Port Authority for dragging its feet during high-level talks that have failed to reach a new deal to rebuild the World Trade Center. Read more...
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In the News | By Matt Dunning | June 17, 2009
He and other BMCC and City University of New York officials, along with state Assembly Speaker Sheldon Silver, were on hand to lead the first and last tour of the condemned 15-story academic building before its demolition, scheduled to begin next month. Read more...
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In the News | June 17, 2009
Mayor Michael Bloomberg said Wednesday that progress needs to be made on the development of the World Trade Center site. Read more...
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In the News | By Cody Lyon | June 17, 2009
In a joint statement, Assembly Speaker Sheldon Silver and Mayor Michael Bloomberg say "while we have not yet been able to reach consensus with the Port, the cause is too important to give up--and we will continue to work with all the parties to fulfill our collective obligation to rebuild the site." Read more...
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In the News | By Theresa Agovino | June 17, 2009
Mayor Michael Bloomberg blamed The Port Authority of New York and New Jersey again on Wednesday for the logjam between the agency and developer Larry Silverstein over financing construction of two office towers at ground zero.
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In the News | By Matt Dunning | June 15, 2009
After missing his self-imposed deadline for ending the latest feud between World Trade Center developers, Mayor Michael Bloomberg's office said on Monday that talks between the two main parties responsible for rebuilding the 16-acre site would continue through the week. Read more...
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In the News | By Julie Shapiro | June 11, 2009
There hasn’t been much good news about the World Trade Center site lately, as delays, cost overruns and disputes continue to dominate the public face of the project. But at site meetings led by the Port Authority, an executive with Silverstein Properties said one project consistently lifts everyone’s spirits: Tower 4, which the developer is building in the southeast corner of the site.
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In the News | By Karen Matthews | June 10, 2009
On the eve of Mayor Michael Bloomberg's deadline for the World Trade Center developer and his landlord to settle their dispute over rebuilding the site, a deal appeared elusive Read more...
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In the News | By Matt Dunning | June 10, 2009
With hundreds of millions of federal stimulus dollars now firmly in hand, officials for the Metropolitan Transportation Authority have set 2014 as the projected completion date of the $1.4 billion Fulton Street Transit Center. Read more...
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In the News | June 10, 2009
At issue is a dispute between developer Larry Silverstein and the Port Authority over the fate of three iconic office towers planned for the site. Read more...
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In the News | By Julie Shapiro | June 09, 2009
In the battle between office towers and retail podiums at the World Trade Center site, office towers appear to be winning. Read more...
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In the News | By Janno Lieber | June 05, 2009
Contrary to your editorial's assertion, the Port Authority of New York and New Jersey's ability to complete the World Trade Center memorial is not in any way dependent on Silverstein Properties. Read more...
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In the News | By James Carpenter | June 05, 2009
Seven World Trade Center was the third building to collapse on September 11, 2001, and it is the first to be rebuilt. Designed by David Childs of Skidmore, Owings & Merrill (SOM), the new building is composed of 42 floors of office space set above eight floors of Con Edison transformers (located in large concrete vaults at street level).
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In the News | June 05, 2009
The progress since the start of construction last spring on the 64-story World Trade Center Tower 4 is a success story on a multi-mega-project program rife with delays, lawsuits and political turmoil that has caused public anger and devastation since the 16-acre site of the Sept. 11 attacks started undergoing redevelopment. Read more...
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In the News | By Julie Shapiro | June 05, 2009
The negotiations about the future of the World Trade Center site have been going on behind closed doors, but on Friday, Assembly Speaker Sheldon Silver gave the first hint of what is happening. Read more...
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In the News | By Verena Dobnik | May 30, 2009
Prince Harry bowed his head in prayer at ground zero Friday "in admiration of the courage shown by the people of this great city" - as he wrote on a wreath he placed at the site of the Sept. 11 terror attack. Read more...
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In the News | By Douglas Feiden | May 29, 2009
Daily News
The Port Authority is playing three-card monte at Ground Zero. Scrounging for a way to pay for the ballooning costs of its winged Transportation Hub, the agency yesterday said it would redirect $616 million from two key projects under the World Trade Center site to the Hub.
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In the News | By Steve Cuozzo | May 26, 2009
The city's Economic Develop ment Corp. is crowing over a magazine report that named New York this year's "North American City of the Future." Read more...
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In the News | By Earle S. Altman | May 26, 2009
As a professional with more than 50 years working in the New York City real estate industry as a broker, investor and owner, I respectfully disagree with Crain's May 4 editorial putting the pressure on Larry Silverstein to fund and finance the balance of the World Trade Center site development. Read more...
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In the News | By Paul Bubny | May 25, 2009
Key stakeholders in the World Trade Center redevelopment, which has reached an impasse, have until June 11 to come up with a compromise on how many towers will be built there and how they’ll be financed, according to published reports. The agreement to work out a compromise, which entails closed-door negotiations and a media blackout, was the outcome of a summit held Thursday afternoon at Gracie Mansion. Read more...
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In the News | By Josh Rogers | May 22, 2009
On opposite sides of the seesaw are two equally weighted adversaries - W.T.C. developer Larry Silverstein and the Port Authority, run by executive director Chris Ward. Both sides have offered some insights into their positions in interviews over the last few weeks, but the final outcome is more likely to be determined by the balance of power.
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In the News | By Paul Bubny | May 22, 2009
Citing the inherent competitive advantages of new office space and forthcoming improvements to Downtown, a study from CB Richard Ellis says Towers 2 and 4 at the World Trade Center will command high rents when completed in the next four to six years. Read more...
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Construction Updates | May 22, 2009
Construction is underway at the World Trade Center site in Downtown Manhattan. The following lists the major work taking place currently at the site. Read more...
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In the News | May 19, 2009
Fed up with slow moving construction at the World Trade Center site, officials and project leaders will sit down Thursday to find a way to keep progress moving. Read more...
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In the News | By Steve Cuozzo | May 12, 2009
So Mayor Bloomberg has invited all of Ground Zero's squabbling tribes to Gracie Mansion soon "to find a way to align incentives and keep progress moving," he said. Read more...
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In the News | By Tom Topousis | May 12, 2009
With a glut of commercial office space and the financial industry in meltdown, the Port Authority is actively looking to develop World Trade Center Tower 5 as a luxury hotel and residential building, The Post has learned. Read more...
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In the News | By Douglas Feiden | May 11, 2009
The incredible shrinking World Trade Center will be cut back from five iconic skyscrapers to just two signature towers under a new Port Authority plan, the Daily News has learned. Read more...
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In the News | By Dara McQuillan | May 11, 2009
Crain's editorial "WTC solution hinges on Larry" (May 4) is filled with inaccuracies. Correcting all of the misinformation would take up more space than the original editorial itself, but here are the most important points. Read more...
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In the News | By Rick Hampson | May 11, 2009
Freedom Tower was going to signify America's determination to rebuild quickly and steeply at Ground Zero after 9/11. It would rise a symbolic 1,776 feet, making it the world's tallest building, and feature an asymmetrical spire that evoked the Statue of Liberty's upraised torch. Read more...
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In the News | By Nicolai Ouroussoff | May 10, 2009
When Santiago Calatrava unveiled his design for a luminous glass-and-steel transportation hub for ground zero in January 2004, government officials touted it as a 21st-century version of Grand Central Terminal — one of the few bright spots in a development plan crippled by politics, petty self-interests and the weight of the site’s history. Read more...
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In the News | By Adam Lisberg | May 09, 2009
The warring parties whose squabbling has stalled the rebuilding of Ground Zero will attend a peace summit with Mayor Bloomberg next week. Read more...
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In the News | By David W. Dunlap | April 24, 2009
NYTimes.com
Phoenix Constructors, a joint venture of four large construction companies that was supposed to have built the World Trade Center Transportation Hub in its entirety, has lost its contractual claim to future work on the site, the Port Authority said on Thursday. Read more...
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In the News | By Steve Cuozzo | April 20, 2009
Just when we need him most, Mayor Bloomberg has lost interest in the World Trade Center site. Read more...
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In the News | By Douglas Feiden | April 16, 2009
The World Trade Center won't be fully rebuilt and occupied until 2037 - a full 36 years after terrorists reduced it to rubble, a new study says.
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In the News | By Steve Cuozzo | April 16, 2009
NY Post
As Larry Silverstein, the Port Authority and urban-policy sages duke it out over the pace of World Trade Center rebuilding, let us take note of a remarkable fact: Downtown Manhattan today is the strongest office market in the United States in terms of vacancy rate, according to data to be released today by real-estate firm Cushman & Wakefield.
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In the News | By Amy Westfeldt | April 16, 2009
Associated Press
The owners of the World Trade Center site, locked in a new round of heated talks with a private developer about how and when to build office towers, have proposed indefinitely putting off two of three planned skyscrapers until the real estate market recovers. Read more...
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In the News | By Matt Dunning | April 13, 2009
Decontamination of the former Deutsche Bank tower, near the World Trade Center site, continues to be suspended more than a week after a small electrical fire knocked out power to part of the building. Read more...
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In the News | April 10, 2009
The Building Owners and Managers Association (BOMA) International’s Chair and Chief Elected Officer Richard Purtell and President and Chief Operating Officer Henry Chamberlain met with Department of Energy (DOE) officials and top executives from 18 other commercial real estate companies at 7 World Trade Center in New York City today to discuss how to dramatically reduce the sector’s energy consumption and greenhouse gas emissions. The meeting officially launched DOE’s Commercial Real Estate Energy Alliance (CREEA), a collaboration of commercial real estate owners and operators who have volunteered to work directly with each other and with DOE to exact lasting change in the energy consumption of commercial real estate buildings in the United States. Read more...
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In the News | By David. W. Dunlap | April 10, 2009
New York Times
When the National September 11 Memorial and Museum announced exactly a year ago that it had reached its $350 million capital fund-raising goal, it did so with a roster of the top names in finance, including the American International Group and the Starr Foundation, with which A.I.G. was once closely allied; the Merrill Lynch & Company Foundation; Bear Stearns; and Lehman Brothers. Read more...
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In the News | By Charlotte Cuthberson | April 08, 2009
Epoch Times
Retaining Manhattan as the epicenter of the world is the work of many minds. “Downtown 2020,” a report researched and written by a team connected to the Steven L. Newman Real Estate Institute, was discussed at a forum in New York Tuesday. Read more...
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In the News | By Paul Bubny | April 07, 2009
Far from putting Lower Manhattan’s future on the back burner amid the financial crisis, the Wall Street meltdown underscores the importance of planning and acting today for Downtown’s future. That’s one of the key messages in "Downtown 2020," a report issued Tuesday by Baruch College’s Steven L. Newman Real Estate Institute. Read more...
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In the News | By David W. Dunlap | April 06, 2009
A critical lifeline to the new World Trade Center from the very old Hudson River — four water pipes large enough for workers to crawl through — is nearing completion along West Street. Read more...
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In the News | By Julie Shapiro | April 04, 2009
Downtown Express
A 10,000-pound elevator motor that shuttled hundreds of people a day at the original World Trade Center will be part of the National September 11 Museum’s permanent exhibit when it opens in 2013. Read more...
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In the News | By Robert Florida | April 01, 2009
When he was a young boy, Serge Demerjian loved to build. He’d spend endless afternoons playing with Legos, building them up, then tearing them down. Ever since he could remember, he just loved to build. Read more...
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In the News | By Steve Cuozzo | March 31, 2009
NY Post
Larry Silverstein's 99 Church St. Four Seasons Hotel/condo tower is far from dead, despite reports elsewhere that it's been indefinitely tabled. Read more...
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In the News | By Theresa Agovino | March 30, 2009
Serge Demerjian leads the design, planning and coordination of more than 6 million square feet of space that the three towers share with the site’s owner, the Port Authority of New York and New Jersey. He also coordinates with all the various state and city agencies involved in the project. Read more...
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In the News | By Amy Westfeldt | March 30, 2009
Associated Press
Even without the name, the symbolism of the Freedom Tower as an American response to the Sept. 11 terror attacks was hard to miss. Read more...
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In the News | March 27, 2009
New York City landmarks will go dark for an hour as part of a global "lights out" action for climate change.
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In the News | By Amy Westfeldt | March 26, 2009
Associated Press
The Freedom Tower is out. One World Trade Center is in. Read more...
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In the News | By Paul Bubny | March 26, 2009
GlobeSt.com
The Port Authority of New York and New Jersey on Thursday awarded DCM Erectors a $338.9-million contract on the structural steel for the Fulton Street transit hub near Ground Zero. DCM will furnish, fabricate and erect 22,305 tons of structural steel under the largest contract issued to date for the World Trade Center Transportation Hub. Read more...
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In the News | By Michael Frazier | March 26, 2009
Newsday.com
The Tribute WTC Visitor Center will reach a milestone Friday by recognizing its millionth visitor. Read more...
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In the News | By David W. Dunlap | March 24, 2009
New York Times
Each name, slightly more than one-and-a-half inches tall, will carry the most intimate memories. All 2,982 names together, arrayed atop parapets stretching more than 1,500 feet around two great pools, will convey the vastness of the loss. Read more...
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In the News | March 18, 2009
NY1 News.com
Some Lower Manhattan ferry commuters were dropped off at a new $50 million terminal this morning in Battery Park City. Read more...
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In the News | By Amy Westfeldt | March 06, 2009
Associated Press
The delayed, over-budget rebuilding of ground zero may be one of the city's few reliable sources of construction jobs and revenue over the next several years, according to a study by the World Trade Center site's owners. Read more...
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In the News | March 06, 2009
Downtown Express
This crane began rising from the foundation of Tower 4 at the World Trade Center site Wednesday and became visible to nearby residents. Tower 4 is the farthest along of the three towers Silverstein Properties is building on the site, but Silverstein’s progress could slow down if the Port Authority does not clear the tower site of a wall that supports the No. 1 train subway box. Read more...
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In the News | By Deepti Hajela | March 05, 2009
Associated Press
A new exhibit explores the impact of the Sept. 11 attacks on New York City's immigrant communities. Read more...
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In the News | By Vicki Karp | March 05, 2009
Increasingly, museums are about understanding the impossible, the epic, and the most perplexing and violent issues of our time. No one knows this better than Alice Greenwald, Executive Vice President for Programs and Director of the National September 11 Memorial Museum. Our future 9/11 museum is still just a giant hole in the ground and in our hearts, but it is very much underway. Read more...
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In the News | By Carl Glassman | March 02, 2009
Tribeca Tribune
Progress can be seen all around the World Trade Center site these days. But one of the most dramatic strands in that complex web of development is 60 feet below street level and hidden from view. It is the shopping mall and shortcut known as the “East-West Connector.” Read more...
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In the News | By David W. Dunlap | February 27, 2009
New York Times
Add one more ear-popping superlative to the structural distinctions at 1 World Trade Center. On opening in 2013, it will have the five fastest elevators in the Western Hemisphere, according to the company that will make them. These express cars, serving the restaurant and observatory, will reach a top speed of 2,000 feet a minute, meaning that a trip to the top of the city’s tallest building will take less than three-quarters of a minute.
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In the News | By Chuck Bennett | February 19, 2009
New York Post
The Lower Manhattan Development Corp. said yesterday the condemned former Deutsche Bank building will be gone by this fall, and released plans for taking it down. Read more...
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In the News | By David W. Dunlap | February 13, 2009
New York Times.com
Another small milestone in the rebuilding of the World Trade Center was passed on Monday. The steel framework of the south core of 1 World Trade Center (called Freedom Tower by former Gov. George E. Pataki) reached a height of more than 100 feet above the Vesey Street sidewalk. Read more...
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In the News | By David W. Dunlap | February 11, 2009
At first, the memorial voids weren’t even supposed to be on land. Instead, they were to be giant, square inlets set out on the Hudson River, as if twin ghosts had been carved from the surface of the water. Read more...
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In the News | By Amy Westfeldt | February 03, 2009
Associated Press
The city set more than 40 new rules Tuesday for the struggling construction industry to make high-risk sites safer and correct problems such as those that led to two deadly crane collapses last year. Read more...
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In the News | By Kathryn Wilson | February 01, 2009
Time Out New York
Balloon Flower (Red), by Jeff Koons (1995-2000) Owner: On loan to Silverstein Properties from Jeff Koons. 7 World Trade Center between Barclay and Vesey Sts
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In the News | By Julie Shapiro | February 01, 2009
Downtown Express
World Trade Center developer Larry Silverstein said he is frustrated with the Port Authority not communicating with him about rebuilding the site. Read more...
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In the News | By Edmund DeMarche | January 31, 2009
New York Post
Twenty-three soldiers wounded in Iraq and Afghanistan arrived here yesterday for a special weekend of R&R and a welcome fit for heroes. Read more...
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In the News | By Matt Dunning | January 30, 2009
Tribeca Trib
To the casual observer, progress on the immensely complex reconstruction of the World Trade Center site may seem too slow to track. But major players in the site’s development promised last month that work on many fronts is moving steadily forward. Read more...
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In the News | January 29, 2009
Associated Press
The head of the agency that owns the World Trade Center site says the Sept. 11 memorial will open on the 10th anniversary of the attacks - and will remain open. Read more...
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In the News | By Tom Namako | January 29, 2009
NY Post
The $497 million needed to construct the long-delayed Fulton Street Transit Center will be paid entirely through President Obama's economic stimulus package, MTA officials said today. Read more...
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In the News | January 27, 2009
Associated Press
A Sept. 11 memorial is taking shape at ground zero, with a nearly completed reflecting pool the size of the World Trade Center's north tower footprint. Read more...
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In the News | By Theresa Agovino | January 18, 2009
Crain’s New York Business.com
Volant Trading is nearly quadrupling its space with a new seven-year lease for 7,800 square feet at 7 World Trade Center. Read more...
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In the News | By David W. Dunlap | January 14, 2009
NYTimes.com
The last remaining structural remnants of the 460-foot-long ramp at the World Trade Center site, leading from street level down nearly to bedrock, were hoisted up and out of ground zero by a crane on Wednesday — there being no ramp any longer on which to haul the X-shaped truss work. Read more...
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In the News | By Amy Westfeldt | January 13, 2009
Associated Press
Architect Minoru Yamasaki built the oversized model 40 years ago of the two soaring skyscrapers walled off by smaller buildings and surrounded by hundreds of tiny cars, trees and people. It was one of the earliest visions of the 110-story towers that would become the World Trade Center. Read more...
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In the News | By Kenneth Lovett | January 09, 2009
NY Daily News
Gov. Paterson acknowledged Thursday it was a mistake not to list the Ground Zero redevelopment among his priority projects during his State of the State address. Read more...
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In the News | By Theresa Agovino | January 08, 2009
Crain’s New York Business.com
Work on the Sept. 11, 2001, memorial at Ground Zero could well be wrapped up a year ahead of schedule—in time for the 10th anniversary of the attacks—according to the head of the nonprofit leading the project. Read more...
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In the News | January 06, 2009
EmpireStateNews.net
The northbound traffic lanes on West Street between Liberty and Vesey streets will be reconfigured beginning early tomorrow morning to accommodate ongoing construction at the World Trade Center site. Read more...
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In the News | By Julie Shapiro | January 05, 2009
Downtown Express
The past, present and future overlap at the W.T.C. site, just like they overlap for the thousands of people who survived the attacks. Grillo, a longtime Duane St. resident, usually focuses on the future: She prepares for potential emergencies as head of Tribeca’s Community Emergency Response Team, and she molds the recovery of her neighborhood as a public member of Community Board 1. Read more...
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In the News | By Julie Shapiro | January 05, 2009
Downtown Express
The air Downtown isn’t just safe to breathe — it’s safer than it’s been in years Read more...
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