MediaMath to Move to 4 World Trade Center
July 21, 2014
ilverstein Properties announced today that global technology company MediaMath has signed a 15-year, 106,000 square foot lease at 4 World Trade Center. The company will consolidate its more than 300 Read more...

In the News

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Work has resumed atop the seven-story podium base of Larry Silverstein's 3 World Trade Center, though a full construction loan for the developer has not yet come through.
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On Friday, New Yorkers will be able to do something they have not done in nearly half a century: stand on the corner of Cortlandt and Greenwich.  Read more...
In the last few months, restaurants, blow bars and major fashion labels have been angling for new homes near the World Trade Center, and largely for one reason. Between November and February 2015, about 2,300 Condé Nast employees will be migrating to open floor plans at 1 World Trade Center.  Read more...
Construction on Lower Manhattan's flagship 3 World Trade Center building is set to restart after the developer was given the go-ahead on Wednesday to use $159 million in insurance money while he raises more than $1 billion private sector financing.
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If proof were needed of the sad state of architectural criticism in New York City and beyond, look no further than the limited reception that 4 World Trade Center has received to date.  Read more...
By approving the deal at its board meeting next week, the Port Authority would strengthen its financial position and enhance the promising future of lower Manhattan.  Read more...
So this year, the honor goes to Silverstein Properties' 4 World Trade Center. The first of the World Trade Center sites to be complete, it opened in November to much acclaim from a chorus of archicritics.  Read more...
The first piece of a nearly $4 billion redevelopment of the World Trade Center transportation hub debuted Thursday with the official opening of an underground concourse that passes through an area that has been closed since 9/11.  Read more...
The glassy office tower 4 World Trade Center is set to open in November, and The Real Deal took a glimpse behind the construction fences to see what Silverstein Properties’ latest development is shaping up to be.  Read more...
Associated Press
NEW YORK — Twelve years after terrorists destroyed the old World Trade Center, the new one is becoming a reality, with a museum remembering the attacks and two office towers where thousands of people will work set to open within the next year.  Read more...
The Commercial Observer
Though the city lost hundreds of millions of dollars in tourism revenue following the terrorist attacks of Sept. 11, 2001, a steady rebound in tourism and the closely tied retail market has occurred, perhaps best personified by the rebirth of Lower Manhattan.  Read more...
Something remarkable is happening where Greenwich Street used to run through the World Trade Center site. It is becoming Greenwich Street again.
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Downtown owes its renaissance to many heroes, from firefighters who perished on 9/11 to business moguls and ordinary residents who never gave up on a district too many had left for dead. Deserving a special place in the pantheon is Liz Berger, the Downtown Alliance president since November 2007. My friend Liz died unacceptably young on Monday at age 53. She heroically battled pancreatic cancer for years. But she was so resolute, so uncomplaining, that I had no idea when I first met her she’d been ill, much less suffering from a disease nearly always fatal.
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Reaching three levels underground, the 800,000-square-foot complex will link the PATH trains with Hudson River ferries to New Jersey, and 11 city subway lines - all already operating.Under construction are the two wing-like sections to be separated by a special feature: a skylight that will open like a huge eye.  Read more...
A combination of value, cache and new or snazzily refurbished office space is becoming a wining trifecta to lure media companies, technology firms and other businesses to the Downtown market. Prior to the recession, one might have wondered where to put these creative companies, but today, this migration of young and vibrant industries is filling the widening chasm being left by financial services firms as that sector continues contracting, according to industry analysts.
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Two months after Silverstein Properties announced the launch of Silver Suites Offices, the collaborative work space occupying 30,000 prebuilt square feet on the 46th floor of the 52-story 7 World Trade Center is 50 percent leased.  Read more...
Before Jeremy Moss, senior vice president of leasing at Silverstein Properties, joined the firm four and a half years ago, he spent eight years working at Forest City Ratner, a tenure that culminated in a role managing the leasing of the office space at the New York Times building. He called working alongside Bruce Ratner and MaryAnne Gilmartin on the Times building “a great learning experience that prepared me well for the World Trade Center.” Mr. Moss helped oversee leasing at Silverstein’s 7 World Trade Center and is now leading efforts at 2, 3 and 4 World Trade Center. “I feel fortunate to be able to work on such a historic project, particularly as a native New Yorker,” Mr. Moss said when he sat down with The Commercial Observer last week to discuss his leasing efforts at the World Trade Center, its impacts on lower Manhattan and the future of the market.  Read more...
NY Daily News
The city will dole out $1.25 million to startups that plan to move to storm-stricken lower Manhattan, according to a new report.

The Economic Development Corp. will announce the 20 finalists for the cash this week, which it expects will spur a migration of hip tech companies to the area long associated with finance, Crain’s New York Business reported.
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The curtain just came closer to rising on the proposed World Trade Center Performing Arts Center on Thursday, when the Lower Manhattan Development Corporation voted to release $1 million to staff the next phase of planning.

“[This] means that we can continue our studies to really tightly inform us of the cost of the building,” Maggie Boepple, a veteran Albany lobbyist charged with planning the center, said after the vote. “You need that number before you can start publicly fundraising.”
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Silverstein Properties has launched a new initiative tailored to smaller firms with big ambitions.

President and CEO Larry A. Silverstein just announced the launch of Silver Suites Offices at 7 World Trade Center, a new executive office space and service business renting spaces from $1,500 to $15,000 a month.
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Larry Silverstein, president and CEO of Silverstein Properties, one of the most prominent and widely respected leaders in the New York commercial real estate industry, will be the honoree at The Realty Foundation of New York’s 59th annual luncheon scheduled for Thursday, April 18, 2013.  Read more...
Like a lot of buildings in lower Manhattan, Silverstein Properties Inc.’s 600,000-square-foot tower at 120 Wall St. took on significant flooding during Superstorm Sandy on Oct. 29.

But unlike a lot of its financial district neighbors that remain closed to tenants, 120 Wall St. was reopened just two weeks after the storm, thanks in large part to the business continuity plan Silverstein’s risk management and information technology departments had spent most of this past summer developing.
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NEW YORK (CBSNewYork) – A major piece of the new One World Trade Center has arrived in New York City.

Part of the giant spire that will top the tower arrived by barge from New Jersey. The nine largest pieces of the spire, each weighing 70 tons, were brought across New York Harbor from Port Newark on Tuesday.  Read more...
From Tragedy to Sustainability
When tragedy strikes a city, it often presents an opportunity to rebuild in a better way. Janno Lieber, president of World Trade Center Properties, discusses New York City's efforts to rebuild the WTC site with sustainability in mind.  Read more...
Construction at the World Trade Center resumed this week after floodwaters poured into the site during Hurricane Sandy.
The day after the storm the decimated much of the tri-state area, Silverstein Properties said inspectors examined the company’s three building sites along the eastern portion of the WTC site.
According to the company, all of the construction cranes at the site are in “working order,” no structural damage occurred at any of Silverstein’s WTC towers, including 4WTC, which remains on schedule to be completed in 2013.  Read more...
Construction work has started again at ground zero, site of the World Trade Center attacks on 9/11, which was flooded by Superstorm Sandy.  Read more...
Larry Silverstein, president and chief executive officer of Silverstein Properties Inc., talks about the impact of superstorm Sandy on the World Trade Center site in Lower Manhattan and climate change. Silverstein speaks with Deirdre Bolton on Bloomberg Television's "Money Moves."   Read more...
Though the World Trade Center didn’t incur significant damage, the complex had sizeable water accumulation in its basements that workers were still pumping out at press time on Friday.  Read more...
The operator of the World Trade Center site says that no structural damage was suffered at any of its World Trade Center towers and that the process of pumping out flood waters is already underway.  Read more...
After becoming the first tenant to implement New York City’s Energy Aligned Lease Clause, the law firm WilmerHale has announced another environmental milestone for its offices at 7 World Trade Center: LEED for Commercial Interiors Gold certification.  Read more...
Cortlandt Street in Lower Manhattan was where demolition began in 1965 for what was to become the World Trade Center. Then the street itself was sacrificed, for three blocks, to help create an unbroken 16-acre site for the twin towers. In four months, however, workers will begin restoring one of the missing blocks of Cortlandt Street, between Church and Greenwich Streets, as Cortlandt Way.  Read more...
Office rents in the new towers at lower Manhattan’s World Trade Center will rise to levels “very close” to those for high-quality spaces in Midtown, said Larry Silverstein, who is building one of the skyscrapers.  Read more...
The Downtown Alliance today issued findings in an original research report, The Brain Gain, revealing dramatic population growth among high-value professionals living within a 30-minute commute of the Lower Manhattan C.B.D.  Read more...
The political battle royal over the World Trade Center site is meticulously captured in the new revealing documentary, “16 Acres.”
The flick covers the decade of twists and turns from the time Larry Silverstein hoisted the keys to the complex on July 25, 2001, through the opening of the Memorial fountains on Sept. 11, 2011.
The $750,000 film, by co-producers Mike Marcucci and Matt Kapp, was sharply pared down by director Richard Hankin from 3,000 hours of archival footage and interviews with the players.  Read more...
NEW YORK, Oct 17, 2012 (GlobeNewswire via COMTEX) -- WilmerHale announced today that its New York office has been awarded LEED(R) Gold certification. The LEED rating system, developed by the U.S. Green Building Council (USGBC), is the foremost program for buildings, homes and communities that are designed, constructed, maintained and operated for improved environmental and human health performance. The law firm is one of only three in the city of New York known to have earned this recognition.  Read more...
My name is Michael Stoler. There is an individual that everyone knows in New York City, his name is synonymous with lower Manhattan, New York City development. He's been around for years. He's a good friend. He's Larry Silverstein, who is the CEO and co-president of Silverstein Properties…  Read more...
Host Michael Stoler talks with guests Janno Lieber, World Trade Center Properties; Jeremiah Larkin, Brookfield; Michael Murray, HHM and Drew Nieporent, Myriad Restaurant Group about the continued development of a 24-hour community in lower Manhattan. All agreed that spurring this development was accessibility to public transportation making this area a highly desirable location for the creative community and an exciting place for tourism. Participants discussed the need for more retail and plans to meet this need.   Read more...
The World Trade Center continues to take shape and claim its spot along the city's skyline.

Silverstein Properties hosted a tour of 4 World Trade Center Friday morning.

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Downtown Express
Nearly 11 years after its predecessor was damaged beyond repair by the collapse of 7 World Trade Center, the Borough of Manhattan Community College’s new Fiterman Hall opened its doors to students on Mon., Aug. 27.  Read more...
Having acquired the World Trade Center buildings just weeks before the Sept. 11 terror attacks, developer Larry Silverstein has attracted the attention of many during his redevelopment of the World Trade Center site. In this video, The Real Deal takes a look at the storied career of Silverstein, the man behind Silverstein Properties.  Read more...
It has cost much more and taken far longer than expected, but as the structural form of the World Trade Center Transportation Hub by Santiago Calatrava begins to emerge, it's clear that New York and New Jersey will get some serious architecture for all that time and money.  Read more...
The final steel beam was lifted to the top of 4 World Trade Center on Mon., June 25, as developer Larry Silverstein, elected officials and construction workers joyously watched from below.  Read more...
Crews building the city's sixth largest skyscraper will celebrate a milestone Monday as they lift in place 4 World Trade Center's final steel beam.  Read more...
It's a day of celebration for workers building Four World Trade Center.

More than a thousand workers will be in attendance as the final beam will be placed on top of the 977-foot skyscraper.

Developer Larry Silverstein will also be on hand.

Before it's raised, the beam will be signed by some of the workers.

"This building is basically like a butterfly just released from the cocoon right now displaying its beautiful colors and the shape and size of this building here. It's a big day for the boys and girls here at tower 4," said Tishman Construction Superintendent Frank Hussey.

Four World Trade is slated to open in the fall of 2013.
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A steel beam is to be hoisted 977 feet to the top of 4 World Trade Center on Monday, ceremonially signifying the completion of its structural framework. Wait a minute. Four World Trade Center?
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Associated Press
NEW YORK (AP) — President Barack Obama ventured onto the hallowed ground of the World Trade Center site Thursday, getting a firsthand look at the skyscraper being built to replace the twin towers destroyed in the Sept. 11, 2001, terror attacks.  Read more...
If it were possible for a skyscraper to quietly rise nearly a thousand feet into the sky with little notice, 4 World Trade Center would be the building to do it. It is not simply that its big brother across ground zero is stealing all the attention, though it is. When 1 World Trade Center tops out at the end of the week, following a Flag Day ceremony led by President Barack Obama, it will be another milestone for the site, one of the last. When 4 World Trade Center achieves the same fate sometime next month, will anyone notice? If not, that would be a shame, because this may well be the nicer of the two.  Read more...
The first retail stores at the World Trade Center site could open for business by March 2015, Australian mall operator Westfield announced yesterday. Westfield, which has a 50 percent stake in the WTC site’s retail space, said the first retailers will be announced in the first half of next year. The openings would come more than 13 years after the destruction of the World Trade Center towers.  Read more...
As of May 14, the National Sept. 11 Memorial had hosted approximately 2.5 million visitors since its opening on the 10th anniversary of 9/11 (245 days prior), according to Memorial President Joe Daniels.  Read more...
Real Estate Weekly
Lower Manhattan isn’t just for Wall Street anymore.

With a growing residential population and an influx of office tenants in creative services and other industries, the post-9/11 downtown is setting a new standard for urban lifestyles.
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Construction Equipment Guide
Ten years after construction began — and seven after its original scheduled completion date — the Fulton Street Transit Center project overseen by MTA Capital Construction is now expected to be finished in 2014.   Read more...
The new World Trade Center surpasses the Empire State Building as the tallest building in New York.  Read more...
Five over-70's are among those still making waves in high places in the real estate world.

Back in 1955 or 1956, Larry Silverstein scored his first success. He bought a loft building at 220 E. 23rd St. for $600,000, fixed it up, and then jacked up prices—to a whopping 75 cents a square foot.

Since then, much has changed in the real estate industry, but nearly 60 years later Mr. Silverstein is still doggedly chasing deals, just from a far loftier perch. Today, the 80-year-old developer works in a vast corner office at his 7 World Trade Center tower, arriving each morning by 9:30. Only now, he's more likely to exit at 6 p.m. than soldier on until after 9, as he did in his youth.

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NEW YORK CITY-Lower Manhattan is experiencing one of the lowest retail vacancy rates in the city – and a shopping renaissance, says Chase Welles, REBNY retail chair and vice president of the Shopping Center Group, who hosted “Downtown Retail Redefined,” a panel presentation and discussion at the Harvard Club on April 11.  Read more...
One tech firm that had aimed for midtown south and a nonprofit whose lease nearby was nearly up will take a total of 12,400 square feet on the 46th floor.
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It's payoff time for developer Larry Silverstein on 7 World Trade Center, nearly five years after he completed the first tower to be rebuilt in Lower Manhattan after the 2001 terrorist attacks.  Read more...
Some 6 million square feet of new space could be about to hit the New York City office market. Larry Silverstein, Silverstein Properties CEO & president, weighs in.
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Redevelopment of the World Trade Center site is now evident in the Lower Manhattan skyline, mostly with the under-construction One World Trade Center, now more than 90 floors up. But just across the 16-acre site, another tower—4 World Trade Center—is rising just as fast, if not as tall.

The building is slated for completion at the end of 2013, and unlike One World Trade, it’s being constructed by a private developer, Larry Silverstein. View a slide show of the progress.
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Larry Silverstein, president and chief executive officer of Silverstein Properties Inc., talks about the company's succession plan and decision to name Martin Burger as co-chief executive officer. Silverstein, speaking with Trish Regan on Bloomberg Television's "Street Smart," also discusses the development of the World Trade Center site in Manhattan, New York City's real-estate market and his overseas investments.   Read more...
At 3 World Trade Center, the 80-story tower designed by Richard Rogers and developed by Silverstein Properties, the floor plates of 29,000 to 68,000 square feet have no columns.   Read more...
Matt Dunning
Two senior managers of Watsonville, Calif.-based Granite Construction Inc. have been chosen as the 2011 recipients of the Gary E. Bird Horizon Award for innovation and excellence in risk management at the 31st annual IRMI Construction Risk Conference in San Diego.
Other finalists for the award included Shari Natovitz, vp of risk management at Silverstein Properties Inc.  Read more...
The concrete base of One World Trade Center will be enshrouded by stainless steel panels and glass to reflect light during the day, giving the iconic building a distinct street-level appearance, the Port Authority said Tuesday.  Read more...
The Port Authority’s new executive director, Patrick Foye, is off to a running start at the World Trade Center. Insiders credit him with encouraging his boss, Gov. Cuomo, to sign off promptly on the PA’s agreement with Fidelity Investments on financing construction of 4 WTC last week.
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What's it like constructing One World Trade Center from the ground up? Tom Llamas and producer Keith Feldman take a ride to the 84th floor to show us what its like for these iron workers 1,000 feet up.  Read more...
With incredible views from the 48th floor of 7 World Trade Center, you might expect artist Marcus Robinson to paint the skyline. But instead, he is inspired by what what's happening at ground level.  Read more...
When Larry Silverstein was asked to lend some of his time to be the featured guest at a B'nai B'rith real estate luncheon event held yesterday he was happy to oblige, and even agreed to pay for lunch, he told an audience of about 70 at the event in 7 World Trade Center. The developer said the organization has done extraordinary work in its more than 100 years of existence.   Read more...
Long before Condé Nast took 1 million square feet at 1 World Trade Center, the New York Academy of Sciences took 40,000 square feet at 7 World Trade Center -- a small lease signed in 2005 which, in years to come, might go down in the annals as the truly pioneering deal.   Read more...
In a milestone for Downtown in the post-9/11 era, 7 World Trade Center - built by Larry Silverstein in the face of withering criticism and claims it would be a "white elephant" - is now 100 percent leased.  Read more...
Tonight the rebuilding of Ground Zero with Larry Silverstein, president and CEO of Silverstein Properties; Chris Ward, the executive director of the Port Authority of New York and New Jersey; architect, David Childs lead designer of One World Trade Center; architect Daniel Libeskind, designer of the site`s original master plan; and Paul Goldberger, architecture critic for the "New Yorker" magazine. We conclude this evening with Michael Arad, the designer of the 9/11 Memorial.  Read more...
The World Trade Center site may be the most famous construction project since the Tower of Babel, if not the most contentious. But most of the work has taken place behind some 13,000 feet of blue construction fencing, and so to the extent that we have watched the progress, we’ve mostly relied on the images sent out from behind the fence—many of them the work of Joe Woolhead  Read more...
Good morning and welcome to 7 World Trade Center. It’s an honor to be here today with two stalwart rebuilding leaders – Mayor Bloomberg and Speaker Silver; Chris Ward, our partner at the Port Authority; Joe Daniels, who has done a great job as the CEO of the Memorial Foundation; and Master Planner Daniel Libeskind. I also want to express my appreciation to Governor Cuomo, who couldn’t be here today, but is a strong supporter of the rebuilding effort.   Read more...
Next weekend the world will turn its gaze to the World Trade Center site as the tenth anniversary of the terrorist attacks that rocked New York City – and the world – approaches. Rebuilding efforts at the site have been surrounded by controversy as architects and plans were altered, whilst construction progress is closely monitored. In preparation for next weekend’s landmark date, WTC site masterplanner Daniel Libeskind and Dara McQuillan, spokesman from Silverstein Properties, spoke to the BBC about the finalised designs.  Read more...
Devastated by the 9/11 attacks, downtown New York is once again staking its claim as one of the world's premier business districts based on competitive rents and the old-fashioned value of face-to-face commerce.  Read more...
The Downtown Alliance is providing an ongoing list of events and programs taking place this year to mark the 10-year anniversary of September 11, 2001.
For quick and easy access to this listing and other events, download the Downtown Alliance iPhone Events App.
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A decade and a day after the terrorist attacks on New York and Washington, the public will be able to return for the first time to the place where the Twin Towers stood.   Read more...
Most New Yorkers know Larry Silverstein as the leaseholder on the World Trade Center. What they may not know is that he signed that lease in July 2001, just eight weeks before it was destroyed.  Read more...
Ten years after the 9/11 attacks destroyed the World Trade Center, an 80-story glass and steel tower is rising like a phoenix from the ashes of ground zero.  Read more...
When Monica Iken Murphy looks out over the Sept. 11 Memorial, she feels like her husband, Michael Murphy, has found peace.  Read more...
Even as concrete mixers hummed beyond the chain-link fence and half a dozen cranes buzzed hundreds of feet above, there was a genuine calm in the reborn plaza at the World Trade Center where nearly 3,000 people died a decade ago.   Read more...
You can see it on the skyline, but now take a look inside the massive construction project at Ground Zero.  Read more...
Almost ten years after 9/11 ripped the lower Manhattan community apart, Downtown is back and better than ever.  Read more...
Out of the ashes of 9/11 has risen a vibrant neighborhood packed with new restaurants and hotels, places to live and spots to shop, along with many ways to pay respects to an area some worried would never come back.  Read more...
Associated Press
Westfield Group announced Friday it plans to manage a new shopping precinct at the site of New York's World Trade Center, as the world's largest listed shopping mall operator strike a deal to return almost 10 years after the Sept. 11 terrorist attacks.  Read more...
With only two months away until the 9/11 Memorial Park opens to the general public, the entire 16-acre World Trade Center redevelopment is beginning to take shape. Following CB Richard Ellis' second quarter press briefing on the Manhattan office market, Silverstein Properties Inc. conducted a tour of 4 World Trade Center. GlobeSt.com's Jacqueline Hlavenka explored the progress being made at the site.   Read more...
The September 11th memorial, which opens on the 10th anniversary of the attack on the World Trade Center, is a feat of engineering due to the powerful machinery that powers the site's signature waterfalls. NY1's Bobby Cuza took an exclusive behind-the-scenes tour of the site and filed the following report.   Read more...
Philosopher George Santayana is known for the line, "those who cannot remember the past are condemned to repeat it." This common refrain, and the burden of a past that no American wants repeated, weighs heavily on the shoulders of William "Bill" Dacunto.
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Broadcast Music Inc. (BMI), the U.S. performing right organization that represents over 475,000 songwriters, composers and music publishers, is partnering with Silverstein Properties, Inc. to host a series of free summer performances in the public park in front of 7 World Trade Center (250 Greenwich St.) in Downtown Manhattan.  Read more...
The power struggle is over, it seems, and now there is tangible progress at the World Trade Center site -- particularly on One World Trade Center, now 68 stories tall.  Read more...
After years of setbacks, construction at the World Trade Center site is advancing--but the best is yet to come, explained Larry Silverstein, president and CEO of Silverstein Properties, at the Real Estate Lenders Association's (RELA) final breakfast of their membership year at Seven World Trade Center this morning.  Read more...
Associated Press
The general public can start making reservations next month to visit the Sept. 11 memorial after the terror attacks' 10th anniversary, and victims' relatives will have special provisions to schedule visits to the monument taking shape in the World Trade Center's footprints, organizers said Friday.  Read more...
They look a lot like they're from a video game, but images created with a special kind of software are being used to design new World Trade Center buildings.  Read more...
Media company Conde Nast Publications is near to reaching a deal to relocate to One World Trade Center from midtown Manhattan, a move that could draw other high-profile tenants to the Ground Zero project.  Read more...
A view of the south memorial pool at ground zero with 4 World Trade Center rising above newly planted white oak trees and 1 World Trade Center beyond the pool. The temporary wooden barrier is where the names of the victims of 9/11 will be placed. As part of the design, a system is being installed that will keep the temperature of the bronze name panels constant regardless of the weather, according to a spokesman for the Port Authority of New York and New Jersey.
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Associated Press
The Port Authority of New York and New Jersey has scrapped a plan to cover the concrete base of a World Trade Center tower with 2,000 clear prismatic glass panels due to technical problems.
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Larry Silverstein, president and chief executive officer of Silverstein Properties Inc., discusses the rebuilding of the World Trade Center site in Manhattan. Silverstein speaks with Margaret Brennan on Bloomberg Television's "InBusiness."   Read more...
After meeting with 9/11 first responders earlier today, President Barack Obama joined victims' families for a symbolic wreath laying ceremony at the World Trade Center site, marking the death of attack mastermind Osama bin Laden  Read more...
Speaking by the active World Trade Center construction site today, Mayor Michael Bloomberg said that the city will remain on the defense following the death of al-Qaida leader Osama bin Laden, but not stall its rebuilding of the site of terror attacks in 1993 and 2001.  Read more...
First Annual Safety Poster Rule and Form  Read more...
Associated Press
After the Sept. 11 attacks, there were grim questions about the future of the shaken, dust-covered neighborhoods around the World Trade Center. Would residents flee uptown or to the suburbs? Would the epic job of rebuilding lower Manhattan be too much to bear? Who would want to live so close to a place associated with such horror?  Read more...
With just six months until the 10th anniversary of the Sept. 11 attacks, thousands of construction workers are toiling amid metal and concrete in the middle of the World Trade Center site.  Read more...
Plans to build a sky-high restaurant atop One World Trade Center have been scrapped.  Read more...
Engineers use technology, virtual reality to help build the new World Trade Center  Read more...
Each of the World Trade Centers (WTC) seven major construction projects are on track, according to officials at who presented at last weeks Town Hall meeting. From the four new tower sites and WTC Transportation Hub, to the National 9/11 Memorial and 130 Liberty Street site, work is now visibly progressing at a steady pace.
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The National September 11th Memorial and Museum has launched a new interactive timeline that recounts the World Trade Center attacks as they occurred on 9/11.  Read more...
The Deutsche Bank building is finally almost gone. The former 41-story tower, damaged and contaminated with toxic debris on 9/11, has been demolished down to ground level, the Lower Manhattan Development Corp. announced this week.

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First steel columns are set in foundation of WTC Tower 2  Read more...
The long-delayed demolition of the Deutsche Bank building is finally drawing to a close, though Tuesday night's snowstorm could set the project back a few days.  Read more...
The New York Academy of Sciences dates all the way back to 1817, but Science and the City is a mere five years old. The Academy, whose membership of more than 24,000 people includes 26 Nobel Laureates, was initially primarily for professional scientists and students of science. Science and the City’s mission has been to promote scientific literacy to the general public.  Read more...
At a huge stonecutting facility in this Mediterranean town famous for its marble, the Silverstein team inspected the stones that will someday line the lobby of the Fumihiko Maki-designed tower, the first of three Silverstein projects at the site to be completed, with an expected opening of 2013.
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The Battery Broadsheet
After eight years of filming the redevelopment of the World Trade Center site and recording the intimate stories of nine September 11th-survivors, Project Rebirth housed at 163 Williams Street, is about to be born. The feature-length documentary film "Rebirth," directed by Project Rebirth's founder Jim Whitaker, will premier on January 21st at the 2011 Sundance Film Festival in Utah. Simultaneously, the organization is embarking on its long-term mission of educating people about grief and trauma though a real-life historical record.  Read more...
The American Institute of Architect's Board of Directors yesterday awarded the AIA Gold Medal to Fumihiko Maki, Hon. FAIA, the Tokyo-based architect whose international body of work has served as an extended meditation on the relationship of the part to the whole in architecture and in cities. The AIA Gold Medal is the highest honor the AIA confers on an architect. It acknowledges an individual whose significant body of work has had a lasting influence on the theory and practice of architecture. Maki will be honored at the 2011 AIA National Convention in New Orleans.   Read more...
In the World Trade Center history books, 2010 will be remembered as the year the rebuilding finally got off the ground.
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There's work happening all over the 16-acre site. Developer Larry Silverstein's Tower 4 is taking shape and Tower 3 will soon follow. But that wouldn't have been possible without a $1.5 billion deal between Silverstein and the Port Authority, approved at the end of August.   Read more...
The Battery Broadsheet
Days after State Senator Daniel Squadron led a renewed push to get the term of the Lower Manhattan Construction Command Center extended past its December 31 expiration, and hours before Community Board 1 was expected to pass a resolution calling upon the governor and the mayor to heed this call, Albany and City Hall have agreed to keep the agency open through 2013.  Read more...
Larry Silverstein, president and CEO of Silverstein Properties, shares his outlook on both commercial and residential real estate with CNBC.  Read more...
It is an often asked question: Why has it taken so long to rebuild the World Trade Center? And will what is planned be built and actually succeed as a real estate venture? Fox News' Shepard Smith sat down with Janno Lieber, president of World Trade Center Properties, for a straight forward conversation about these very issues.  Read more...
One World Trade Center is getting in the holiday spirit this year, with brightly colored lights that are visible from blocks around.

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Marcus Robinson set out eight years ago to document the rebuilding of the World Trade Center site without words.  Read more...
"[A model] allows the viewer to choose their own view; to look from above, to look from below, to walk around 360," Ed Wood, part owner of Radii Inc. told Fox News. "It's a physical object that can be held in the hand, and can't be replaced with a rendering or even a beautiful animation."
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Five hundred World Trade Center construction workers lined up for turkey subs, angus hamburgers and hot dogs last Friday afternoon during a break from work.   Read more...
Frank Rivera is just one of the hundreds of people building tower four of the World Trade Center, joining the other men and women immensely proud of the work they’re doing.  Read more...
Next year, on the 10th anniversary of the Sept. 11 terror attacks, lower Manhattan will become home to the national memorial to that day, and among the many who are helping to bring the memorial to reality is architect Michael Arad.  Read more...
Already 48 stories high, the rising steel and concrete skeleton of the World Trade Center site’s Tower 1 is all but impossible to miss. But what’s easy to overlook is the first glimpse of the building’s transformation from a drab construction site to a stunning, 21st century, 104-story office tower.
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"If we can demonstrate that fuel cells work, that they can be highly effective, that they can achieve energy-saving goals, we hope that other owners of buildings and office buildings will choose to adopt them in the future," said Janno Lieber, who heads the WTC project project for developer Larry Silverstein.  Read more...
The 50th swamp white oak tree was planted Tuesday at the 9/11 Memorial Plaza - the focal point of the World Trade Center's reflecting pools - where the lives of nearly 3,000 killed in terror attacks will be remembered.   Read more...
Officials at the 9/11 memorial preview site were stunned when they opened one of the donation boxes Tuesday night and instead of the usual pile of change and crumpled singles, they found $10,000 in crisp bills clearly left by a single person.   Read more...
At the northern end of midtown, where the skyscrapers abut Central Park, there's a rarified realm called the Plaza district. Bounded, depending on whom you ask, by 54th and 64th streets, Park and Sixth avenues, this is where the kings among men work: the billionaires, the families with foundations, the private-equity royalty. It's expensive, exclusive and only a few blocks south of the community of co-ops on Fifth and Park avenues. In good weather, the men walk to work. In bad weather, they're driven.  Read more...
The new World Trade Center will include four office towers. Tower Four is already rising into the sky and the man in charge of its progress finds himself under the gun.  Read more...
The nearly forgotten World Trade Center Performing Arts Center got a $100 million shot in the arm yesterday when Mayor Bloomberg and Gov. Paterson agreed to pump downtown rebuilding funds into the project.  Read more...
As steel and glass move skyward at the World Trade Center site, an essential part of the National September 11th Memorial Plaza is growing about 50 miles away.  Read more...
"The city thinks about itself in terms of skyscrapers; and I stand up here and realize we are only on 31 and this tower’s going to 104. This is going to be an incredible building." Christopher Ward is talking about 1 World Trade Center. A skyscraper that when completed will be the tallest building in America.  Read more...
The deconstruction of 130 Liberty Street is making steady progress, with operations now down to floor six of the former 40-story tower. Starting Monday, September 27th, contractor Bovis will close Washington Street between Albany and Cedar, intermittingly to operate a crane for steel removal.   Read more...
Silverstein Properties acquired the lease to the World Trade Center in the summer of 2001. For its namesake, owner Larry Silverstein, it was a dream come true.
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If you live or work in Lower Manhattan, you no longer need to visit a gallery to see work by one of the world’s most renowned artists.  Read more...
Demolition crews are less than four months away from finishing the years-long and accident-plagued takedown of the former Deutsche Bank tower at 130 Liberty Street, according to the building’s owners.  Read more...
Forty-eight floors above “Ground Zero,” a small group of artists set up shop. Each has a personal connection to the September 11th terror attacks and all of them are painting the rebuilding of the world trade center site as a way to honor those who died on September 11th, 2001.  Read more...
From the 38th floor at 7 World Trade Center, Larry Silverstein peers down on a flurry of activity below at Ground Zero. The sound of jackhammers and "beep, beep" of cement trucks filters into his corner office.  Read more...
With just one year remaining until the 10th anniversary of the Sept. 11 attacks, a date originally predicted to see the end of construction at the World Trade Center site, optimism has rebounded for completion of the complex web of projects planned for the site.
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WTC and memorial finally seem on track to completion. City and state officials along with developer Larry Silverstein gathered on Tuesday afternoon to outline progress at the World Trade Center site.

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Four office towers, a transit center designed by Santiago Calatrava, a memorial and museum at the downtown Manhattan site of the World Trade Center may be complete by 2014, according to city and state officials.  Read more...
The pace of construction is so swift that any status report these days gets overtaken rapidly by the arrival of new beams and columns, rebar and concrete, pipes and conduit. About 2,000 construction workers are on the job, weekends included, officials said, and that number will just keep rising.   Read more...
In the nine years since September 11, 2001, Lower Manhattan has seen over 34 lane-miles of streets rebuilt, more than 6,200 hotel rooms created, and more than 13 million square feet of residential real estate completed. That adds up to more than $22 billion in construction projects -- from new construction to conversions, and rehabilitations to capital infrastructure works.  Read more...
Real estate developer Larry Silverstein discusses the progress at the World Trade Center site, his relationship with the Port Authority and the future of the real estate market in Lower Manhattan.  Read more...
Life has returned to the World Trade Center site nine years after the September 11 terrorist attacks. In Millstone Township, N.J. last weekend, sixteen trees were pruned and prepped for delivery to the National September 11 Memorial.   Read more...
The Lower Manhattan Development Corporation announced Wednesday the expansion and extension of its Small Firm Assistance Program, which aims to provide relief to small businesses still being affected by the post September 11th rebuilding efforts. NY1's Rebecca Spitz filed the following report.  Read more...
It's hard to see from street level, but there's work going on in the former World Trade Center site. So quickly, in fact, that developer Larry Silverstein predicts the site will be finished in the next five to six years.   Read more...
My excitement rose as my plane broke through layers of cloud, revealing the famous skyline of Manhattan where I was going to spend my summer as an intern at the World Trade Center. As the plane circled for landing, I could hardly wait to get started, to see and experience the American – or should I say the New York – way of life.  Read more...
It's taken nearly nine years, but large-scale commercial redevelopment of the World Trade Center site is tantalizingly close to taking off. But everything depends on the outcome of two ongoing, parallel negotiations involving the Port Authority -- neither of which is a sure thing.
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In undertaking the daunting task of redeveloping Ground Zero, real estate man Larry Silverstein had a vision: to transform the site into a state-of-the-art office complex. He sought to create a center that’s accessible, secure and eco-friendly all at once.  Read more...
A piece of Lower Manhattan’s nautical history has been uncovered at the World Trade Center site, where crews found a preserved section of a ship’s hull dating back more than 200 years.  Read more...
Unlike virtually anywhere else in New York, and perhaps the country, Lower Manhattan holds centuries of detailed history in its shoreline. It’s easy to see why, considering the sandy beaches of New Amsterdam was gradually expanded by landfill over the past three centuries -- each time covering up yet another layer of everything from household items to ships to bulkheads.  Read more...
With just over a year before the World Trade Center memorial is due to open, workers are piecing together thousands of granite tiles that will line the two square pools where the twin towers stood.   Read more...
Construction is starting today at World Trade Center Tower 3, one of four planned skyscrapers in a spiral structure to be built by Silverstein Properties at the World Trade Center site, according to Janno Lieber, president of World Trade Center Properties, an affiliate of Silverstein Properties.   Read more...
Britain's Queen Elizabeth II is expected to arrive in the city Tuesday.

The 84-year-old monarch will lay a wreath at the World Trade Center site to pay tribute to the victims of the September 11th terror attacks.
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The Port Authority of New York and New Jersey on Tuesday approved an agreement under which the city will reimburse the authority up to $44 million for building underground foundations and infrastructure for a performing arts center at ground zero.  Read more...
Associated Press
It may be one of the most exclusive eateries in New York City.  Read more...
The World Center Hotel opened on the south perimeter of the developing World Trade Center site Wednesday, becoming the first hotel to open in Lower Manhattan since the September 11th terrorist attacks.   Read more...
Nearly nine years after the September 11th terrorist attacks, this Saturday will mark the first official commemoration of those who took part in the rescue, recovery, volunteer and clean-up mission during the aftermath.   Read more...
Here’s something fun to play with this morning, to use a word not normally associated with 9/11. The September 11 Memorial and Museum released an eye-popping 3D Google Earth model of plans for the whole 16-acre ground zero area.   Read more...
A major milestone will be reached at Ground Zero next month when every project within the original World Trade Center site will be under construction -- a heartening leap forward for a venture that's been plagued by constant delays.

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Broadcast Music, Inc. (BMI) will be moving its New York offices to 7 World Trade Center on May 17. Its current offices will be closed on May 14 as they make the transition.  Read more...
A software modeling system being used by the Lower Manhattan Construction Command Center, the organization charged with facilitating all of the construction south of Canal Street, is now offering a 4-D model of the redevelopment of the World Trade Center site. Like most software, it gives viewers a virtual glimpse at the future site's height, width and depth. There's also the fourth dimension of time, as the model predicts what will be constructed when.  Read more...
The shrines of candles and flowers and the broken pieces of steel standing at ground zero became iconic images of post-Sept. 11 New York in the weeks after the terrorist attack.  Read more...
The complexity of erecting a tower at the World Trade Center (WTC) site is unparalleled in New York City. The substructure alone for both 1 WTC and 4 WTC required more than two years' time to plant the towers' footings on bedrock, then construct reinforced-steel levels as deep down as 85 feet -- all while coordinating infrastructure for extensive utilities; the rebuilt Cortlandt, Fulton, and Greenwich Streets; and the Vehicular Security Center(VSC).  Read more...
After years of delays and months of negotiations, Ground Zero developer Larry Silverstein reached a tentative deal yesterday with the Port Authority for him to build two of his planned office towers at the World Trade Center.   Read more...
Associated Press
The World Trade Center developer and government agencies that control the site have reached a tentative deal to resolve a 16-month stalemate over rebuilding at ground zero.  Read more...
“Build it now” was the refrain as hundreds of construction union members lined the plaza outside 7 World Trade Center Tuesday afternoon. About a dozen industry and political leaders sounded the same refrain: demanding that the Port Authority of New York and New Jersey and Silverstein Properties Inc. negotiate an end to the stalemate over financing of SPI’s planned towers at Ground Zero.  Read more...
Thousands of unionized construction workers, plus a few elected officials, are expected to hold a rally Tuesday to pressure the two sides warring over rebuilding part of Ground Zero to reach an agreement.  Read more...
The National September 11 Memorial & Museum won’t open for at least another couple years, but the museum is starting its programming early with a speakers series targeted toward New Yorkers. Called “9/11, Today and Tomorrow,” the series will examine the continuing impact of 9/11 on everything from security to culture. The four events scheduled so far include:

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Lower Manhattan’s commercial market is remaining stable as 2010 progresses, notwithstanding the specter of massive space givebacks as financial sector tenants downsize or vacate. A report by the Alliance for Downtown New York notes that the submarket continues to boast one of the lowest office vacancy rates in the US, while the area saw twice as many retail openings in 2009 as in 2008.   Read more...
The National September 11 Memorial & Museum has tapped James Connors to oversee the museum’s design and construction department. The move comes at a time when there are growing worries about whether it will be able to open by the 10th anniversary of the attack as scheduled.   Read more...
The agency in charge of bringing down the former Deutsche Bank Building says the project is now on target, three years after the 41 story structure was supposed to be gone. NY1's Rebecca Spitz filed the following report.  Read more...
"I describe it as a national disgrace." Larry Silverstein, the 78-year-old New York City real estate tycoon, shook his head slowly as we stood over the muddy pit known around the world as Ground Zero. It took three cameramen from "60 Minutes" to photograph the expanse of the 16-acre hole that was once the basement of the World Trade Center. True, some construction had begun, but as I stood there with Silverstein looking at rainwater pooling down below, I thought, "Nobody's gonna believe this."

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Mayor Michael Bloomberg praised developer Larry Silverstein for offering several proposals, including putting more of his own money at risk, to end his battle with the Port Authority of New York & New Jersey over building his towers at Ground Zero. He also criticized the agency for delays and challenged it to step up to the plate and lay out its ideas.  Read more...
From the fourth deck of One World Trade Center, about 100 feet above street level, the entire Trade Center site stretches out in one big jumble of steel, concrete and machinery.   Read more...
The Lower Manhattan Development Corporation has announced that it has released $50 million in funds to build the Ground Zero Arts Center, the long-planned cultural venue that has been the subject of fierce debate and lengthy delays. Backed by the new funding, work on the center’s foundation is set to begin next quarter, though construction on the actual building may not begin for years. A temporary rail station currently resides on a portion of the land that the Frank Gehry–designed center is set to use. Since its permanent replacement, created by Santiago Calatrava, may not be completed until 2014, construction teams will have to wait until then to finish work on the building. At that point, though, critics argue that construction costs could be even larger than the project’s current $500 million price tag.   Read more...
Port Authority Executive Director Chris Ward wasn't exaggerating when he said recently the PA would act swiftly to find a development partner for 1 World Trade Center.

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The Brooklyn Navy Yard is being used as the testing ground for the waterfalls designed for the National September 11th Memorial and Museum.  Read more...
New York City urgently needs new office buildings to replenish its obsolescent stock. New construction is particularly essential at the World Trade Center site, where the fate of three planned towers now hangs in the balance. So the city is done no favors when respected newspapers make a temporary space surplus (that likely won't last very long) seem far worse than it is.  Read more...
The Port Authority is looking for a partner to help build the central tower at the World Trade Center site.  Read more...
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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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...
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...
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...
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...
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...
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...
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...
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...
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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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...
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...
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...
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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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...
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...
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...
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...
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...
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...
A nearby exhibit opened Wednesday. The 9/11 Memorial Preview Site is housed in old camera shop on Vesey Street, near Broadway.  Read more...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Mayor Bloomberg floated a new plan yesterday to break the deadlock at Ground Zero - take millions of dollars away from Moynihan Station.  Read more...
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...
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...
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...
Mayor Michael Bloomberg said Wednesday that progress needs to be made on the development of the World Trade Center site.  Read more...
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...
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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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...
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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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...
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...
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...
In the battle between office towers and retail podiums at the World Trade Center site, office towers appear to be winning.  Read more...
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...
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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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...
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...
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...
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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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...
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...
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...
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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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...
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...
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...
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...
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...
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...
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...
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...
The warring parties whose squabbling has stalled the rebuilding of Ground Zero will attend a peace summit with Mayor Bloomberg next week.  Read more...
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...
Just when we need him most, Mayor Bloomberg has lost interest in the World Trade Center site.   Read more...
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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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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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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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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Associated Press
The Freedom Tower is out. One World Trade Center is in.  Read more...
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...
Newsday.com
The Tribute WTC Visitor Center will reach a milestone Friday by recognizing its millionth visitor.  Read more...
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...
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...
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...
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...
Associated Press
A new exhibit explores the impact of the Sept. 11 attacks on New York City's immigrant communities.   Read more...
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...
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...
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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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...
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...
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...
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...
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...
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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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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Downtown Express
The air Downtown isn’t just safe to breathe — it’s safer than it’s been in years  Read more...
NY Times
The Manhattan district attorney, Robert M. Morgenthau, announced manslaughter charges on Monday against three construction supervisors and a subcontractor, saying their gross negligence in dismantling the former Deutsche Bank building played a critical role in the deaths of two firefighters who responded to a smoky blaze there in 2007.   Read more...
NY Post
When the Port Authority and Larry Silverstein announced last week's arbitration decision involving World Trade Center construction, the big news was the $50 million in penalties the PA must pay Silverstein over delays in turning the sites over.   Read more...
Associated Press
The World Trade Center site's owner is paying developer Larry Silverstein another $26 million in late fees this year after an arbitrator ruled it hadn't turned over land on the site in buildable condition.   Read more...
Associated Press
The "survivors' staircase" that served as an escape route for people fleeing the World Trade Center on Sept. 11, 2001, found a permanent home at ground zero Thursday.  Read more...
Bloomberg
The Port Authority of New York and New Jersey must pay about $49.5 million in penalties to developer Larry Silverstein for failing to meet an Oct. 5 deadline on work at the World Trade Center site, an arbitration panel ruled.  Read more...
LowerManhattan.info
Speaking at the Center for Architecture on December 8th, planners from Silverstein Properties, Maki and Associates, and Peter Walker Partners explained that their work on the three east-side towers is a dual challenge: To create a respectful, non-commercial space along the restored Greenwich Street, which borders the National 9/11 Memorial, and a welcoming urban streetscape with a retail frontage along Church Street.
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NY Post
Mayor Bloomberg congratulated Larry Silverstein on the "continued success" of 7 World Trade Center last week - an overdue acknowledgment from Bloomberg, who once needled Silverstein for supposedly asking for too high a rent.  Read more...
New York Times.com
The National Sept. 11 Memorial and Museum at the World Trade Center is adorning its fund-raising effort with a seasonal theme. For $100, donors can sponsor a “cobblestone” on the memorial plaza. (They are not actually the rounded cobbles of traditional street paving.) A $500 donation buys a paving stone in an open ceremonial space on the plaza; $1,000 buys a granite paving stone on the walkways leading to the memorial itself. The stones will not be inscribed but the gifts will be acknowledged publicly.  Read more...
The Times of India
The runaway boy from a Purulia village who struck it big in photography after an NGO spotted his talent on the platforms of New Delhi railway station is now set to scale even greater heights. Vicky Roy has been chosen to document the on-going work to rebuild the World Trade Centre at Ground Zero, a project both prestigious and symbolic in the present times.   Read more...
NY Post
In a hard-earned triumph for Larry Silverstein, German bank WestLB has leased the top three floors of 7 World Trade Center. The firm will move from 1211 Sixth Ave. into 129,000 square feet at the 52-story downtown skyscraper.   Read more...
Downtown Express
Silverstein Properties maintains this wall, built by the Port Authority, is in the way of its construction of Tower 4 on the World Trade Center site, but the Port says the wall is outside the property line. The dispute is in arbitration. Silverstein's 7 W.T.C. is the tower in the background.  Read more...
Downtown Express
One stakeholder at the World Trade Center site is voicing strong support for the oft-forgotten performing arts center.   Read more...
NY Times
Among the many complications facing the architects and engineers of 1 World Trade Center, also known as Freedom Tower, is that it is being built directly over an operating railroad. Its site coincides with the north sweep of the track loop over which PATH trains return to the Hudson River tubes, destined for New Jersey.   Read more...
Downtown Express
Insurance companies recently paid $27.5 million toward the decontamination and demolition of the former Deutsche Bank building.   Read more...
Associated Press
The National September 11 Memorial & Museum is conducting its second annual holiday cobblestone campaign.  Read more...
NY Times
Since summer, daylight has bathed the galleria of the new World Trade Center, pouring through the five-and-a-half-foot intervals between its rounded steel arches and creating a modernist version of the ancient, roofless hypostyle halls of Egypt.  Read more...
Crain's New York Business
An arbitration panel on Monday will begin hearing a dispute between the developer and the owner of the World Trade Center site involving issues that could lead to the delay of completing at least one of the towers set to rise by 2012.  Read more...
Downtown Express
Along with 7 World Trade Center, the three office towers Silverstein Properties is building on Greenwich St. will be places of great architecture and green design (Image, page, 19). They will be part of an enlightened urban development that will also include a tribute to the innocent lives lost on 9/11, a grand gateway to Lower Manhattan, a center for performing arts, and the main street of a new Downtown.  Read more...
The Real Deal
Less than two months after HSBC backed out of a massive lease agreement at 7 World Trade Center, Silverstein Properties has reached a tentative agreement on a new lease with German lender WestLB, sources familiar with the discussions said.  Read more...
NY Times
Of all the right angles that have been built at ground zero in the last three years, of all the places where steel meets steel at 90 degrees, there is no more meaningful angle right now than the one poised high over the PATH tracks near Fulton Street.  Read more...
Crain's New York Business
Working for Larry Silverstein means enjoying daily access—and unlimited bragging rights—to a stunning 360-degree view of Manhattan and its surroundings. Lofty visions of the future are equally important inside the firm's headquarters at 7 World Trade Center, where the developer labors to carry out his conception of a rebuilt WTC site.  Read more...
Associated Press
The World Trade Center site is getting a new look, or at least its fence is.  Read more...
Downtown Express
Every office tower is aiming for the Leadership in Energy and Environmental Design Gold rating, but the site’s design guidelines go beyond simply meeting LEED standards.  Read more...
LowerManhattan.info
Plans, approvals, and the physical abatement of Fiterman Hall are all veritably complete, and now the final funding is in place to demolish the structure. Mayor Michael Bloomberg announced today that the city will commit $139 million to the deconstruction of Fiterman Hall. With a total cost of $325 million, the difference will come from the state, federal government, and insurance claims.
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LowerManhattan.info
Lower Manhattan Development Corporation (LMDC) officials shared a brief update about the 130 Liberty Street deconstruction project at the November 10th Community Board 1’s World Trade Center (WTC) Redevelopment Committee meeting.  Read more...
NY1.com
An independent panel will try to work out problems between the Port Authority of New York and New Jersey and developer Larry Silverstein at the World Trade Center site.  Read more...
Leaders Magazine
Once the World Trade Center is rebuilt, the quality of life in lower Manhattan will be irrevocably changed and very much for the better. It will be a 24/7 community, with magnificent new building in place, with 100, 000 people working in them and 100,000 more visiting them every day. Retail will come in to support the requirements of these people. We’ll have half a million square feet of first-class, destination-quality retail at the base of each of these buildings. That will add a superior texture and dimension to support the 24/7 community experience.   Read more...
Asbury Park Press
Students too young to remember the terrorist attacks on the World Trade Center seven years ago saw the past and the future from across the street from where history continues to be made.  Read more...
LowerManhattan.info
Rebuilding the World Trade Center (WTC) using sustainable materials, renewable resources, and energy-saving equipment is a top priority, according to Lower Manhattan Development Corporation (LMDC) officials.  Read more...
NY Times
On Wednesday night, the society will present one of its annual craftsmanship awards to Larry A. Silverstein, the developer of 7 World Trade Center and the leaseholder of three more office towers at ground zero. Mr. Drohan said Mr. Silverstein merited the award as the "guy leading the charge to show we're rebuilding."  Read more...
Bloomberg
Joe Woolhead, lead photographer for Silverstein Properties Inc., who has freelanced for the New York Times and Time magazine, serves as their on-site mentor, giving them pointers on what to shoot.   Read more...
Building
Over the past seven years, architects, engineers and contractors have been working together on the project to address challenges that most of them have never come up against before. The uniqueness of the project, and its sheer scale, have made for a bumpy ride - it is an immense 16-acre site containing 26 individual projects.   Read more...
AJPonline.co.uk
Based on recommendations from the National Institute of Standards and Technology (NIST), nearly two dozen building and fire code changes were approved by the International Code Council (ICC).  Read more...
NY Times
The colossal cast-iron rings embedded in the eastern slurry wall at ground zero were — if such a thing can be imagined — the birthmark of the World Trade Center.  Read more...
NY Times
After a wearying five-year search in which the Signature Theater Company was promised a new home at the former World Trade Center site and later in a community college auditorium on West Broadway, the organization now plans to move to a tower under construction on West 42nd Street, a few doors down from its current home.  Read more...
Downtown Express
The Port Authority’s 69-page update on the World Trade Center site was packed with information. Below are some little-reported details from the report and the public meetings that followed. The full report is available online at panynj.gov/wtcprogress/roadmap_forward.html.   Read more...
Daily News
An ugly $300,000-a-day feud erupted Tuesday between the Port Authority and developer Larry Silverstein over the rebuilding of Ground Zero, the Daily News has learned.  Read more...
Associated Press
The Sept. 11 memorial will open to the public on the 10th anniversary of the terrorist attacks, then will only allow limited visits for a year while construction continues, an official heading the rebuilding effort says.  Read more...
Associated Press
The owners of the World Trade Center site announced a delay in the completion of a multibillion-dollar transit hub Thursday but pledged to open a nearly finished Sept. 11 memorial by the 10th anniversary of the terrorist attacks.  Read more...
Downtown Express
The Port Authority is spending at least $75 million to get the 9/11 memorial open by the 10th anniversary of the attacks.   Read more...
NY Times
More than anything, the report on ground zero reconstruction issued by the Port Authority on Thursday was intended to restore confidence in a rebuilding effort that was far behind schedule, way over budget and mired in bureaucratic conflicts.  Read more...
Associated Press
Long-delayed plans to build office towers, transportation links and cultural spaces at the World Trade Center site is again getting new deadlines and price tags.  Read more...
NY Times
Instead of being delayed until 2013 or 2014, the World Trade Center memorial — or at least important elements of its plaza — can be opened on Sept. 11, 2011, the 10th anniversary of the terrorist attack, the executive director of the Port Authority of New York and New Jersey said on Thursday.  Read more...
NY Post
Larry Silverstein wants to keep building his three World Trade Center towers no matter what the current market conditions, one of his executives says - and the real-estate industry is right behind him.   Read more...
NY Times
Port Authority officials have developed a proposal to complete the Sept. 11 memorial at ground zero in time for the 10th anniversary of the terrorist attack and to simplify the nearby transit hub, which they say would resolve two of the most fractious and complex issues plaguing the rebuilding effort downtown.  Read more...
NY Sun
The Port Authority of New York and New Jersey is expected to miss the September deadline it set to turn over land for Tower 2, to be built by the developer Larry Silverstein at the World Trade Center site.  Read more...
Associated Press
The World Trade Center site's owner is proposing to redesign part of its over-budget transit hub to save money and ensure the nearby Sept. 11 memorial would open before the 10th anniversary of the terrorist attacks, The Associated Press learned Thursday.  Read more...
Daily News
The high-powered committee guiding the redevelopment of Ground Zero will decide Thursday whether to hold the Port Authority to its highest obligation: finishing the permanent 9/11 memorial by the 10th anniversary of the terror attack. And not a day later.   Read more...
Downtown Express
Wall St.’s financial tailspin will not jeopardize the World Trade Center rebuilding, Port Authority leaders promised Tuesday.   Read more...
The New York Times
Those who say the World Trade Center site is changing at a glacial pace have no idea how right they are. A fantastic landscape in Lower Manhattan — plummeting holes, steep cliffsides and soft billows of steel-gray bedrock, punctuated by thousands of beach-smooth cobblestones in a muted rainbow of reds and purples and greens — has basked in sunlight this summer for the first time in millennia.  Read more...
NYTimes.com
With two weeks to go before he must make more than a dozen recommendations on how to get ground zero rebuilding on schedule and on budget, the executive director of the Port Authority said Tuesday that he had not yet solved the linchpin problem: how to build the underground mezzanine of the World Trade Center Transportation Hub.  Read more...
NY1 News
The Port Authority voted Tuesday to authorize contracts for the long-stalled Freedom Tower.  Read more...
After seven years, the Manhattan skyline still seems empty, with the Twin Towers gone and with no new structure in place.   Read more...
Downtown Express
While Downtown’s success may defy expectation, it does not defy explanation. In a phrase made famous by our junior senator, it has taken a village, every member of the Downtown community, from elected representatives and their staff to business leaders and their employees, from developers to tenants, local activists to small merchants, Sanitation workers, police officers and firefighters, civic associations, the Downtown Alliance, Little League parents, the PTA’s and our growing school age population and their younger siblings.  Read more...
NY Sun
Promising to put aside divisive presidential politics, senators McCain and Obama will be in New York today for the seventh anniversary of the attacks of September 11, 2001, appearing together at Columbia University for a forum on public service.  Read more...
New York Times
In a forcefully worded critique of ground zero redevelopment, Mayor Michael R. Bloomberg demanded on Wednesday that the state complete the 9/11 memorial by September 2011, totally redesign a major transit hub nearby and disband the Lower Manhattan Development Corporation.   Read more...
Associated Press
As the nation pauses to mark the seventh anniversary of the Sept. 11 terrorist attacks, the spotlight from a presidential campaign and a new memorial at the Pentagon are joining the familiar rituals of remembrance on this solemn day.  Read more...
New York Sun
On the seven-year anniversary of the terrorist attacks of September 11, 2001, construction at the World Trade Center site is underway amidst a backdrop of anticipation and uncertainty. The executive director of the Port Authority of New York and New Jersey, Christopher Ward, will deliver an updated scheduling and budgeting assessment for the site at the end of the month. Mr. Ward has already signaled that the previous deadlines and budgets for projects at the site were "unrealistic" and there is speculation that his new assessment of the site could set its completion date back by several years.  Read more...
GlobeSt.com
Seven years after the 9/11 attacks, industry insiders have taken notice of the transformation of Lower Manhattan, a transformation that includes sustained growth in its business sector, residential population and tourism industry. Although some the progress of post-9/11 development is in question, the general consensus from sources is that Downtown is well-positioned to weather the storm.   Read more...
New York Times
The architect Craig Dykers has been working since 2004 on the design of a museum building for the World Trade Center site. In the end, he realized there could be no more powerful a centerpiece than something Minoru Yamasaki designed 45 years ago.  Read more...
Wall Street Journal
The eyes of the world will again turn to Lower Manhattan this week as we mark the seventh anniversary of September 11, and as we remember all those we lost on that tragic day. Aerial views of the World Trade Center site will show steel beams that are finally swinging into place as part of the construction of the Freedom Tower and 9/11 museum and memorial. 
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Associated Press
Relatives of people killed at the World Trade Center on 9/11 say the decision by Sens. Barack Obama and John McCain to appear together at ground zero on the seventh anniversary of the attacks is a welcome gesture of respect.  Read more...
As part of last year's National Tour, the National September 11 Memorial & Museum brought to 25 U.S. cities some of the steel beams which will be used in the construction of the Memorial, and invited visitors to sign them. Tens of thousands of ordinary Americans participated by leaving their mark on the Memorial.

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NY 1 News.com
A little more than a week before the seventh anniversary of the September 11th terrorist attacks, construction on the memorial and museum at the site took a very visible step forward Tuesday with the placement of the installation of the first steel beam.  Read more...
New York Times
Forty years ago this summer, construction workers began erecting the steel framework of the World Trade Center. On Tuesday, a new generation of them will begin erecting the steel to frame its memorial.  Read more...
New York Times
As one architectural ambition after another was given up at ground zero for economy, security and politics, it seemed that the architect Santiago Calatrava’s vision of a luminous, cavernous World Trade Center Transportation Hub would be immune from major change.  Read more...
NY1
New Yorkers are being given the chance to make their mark on the World Trade Center Memorial.   Read more...
New York Times
With all the talk about what has not been built around ground zero, little attention is paid to what has: a 43-story investment bank headquarters where 11,000 people will be working next year.  Read more...
NY Post
After three years of exhaustive research, a team of federal engineers yesterday debunked claims by conspiracy theorists who insisted that 7 World Trade Center was intentionally blown up on 9/11, finding instead that raging fires caused the tower to topple.   Read more...
New York Times
After two terrorist attacks — in 1993 and 2001 — nobody can dismiss concerns about security for whatever is finally built at the site of the former World Trade Center. Workers, residents, students and tourists have a right to feel safe in the towers, transit hub, memorial museum and public park that are being planned for the site.  Read more...
New York Post
An NYPD proposal to strictly control access to the World Trade Center once it's rebuilt has come under fire from Assembly Speak Sheldon Silver, who warned against what he called overzealous security plans that could create "another war zone."   Read more...
New York Times
Planners seeking to rebuild the World Trade Center have always envisioned that the 16-acre site would have a vibrant streetscape with distinctive buildings, shops and cultural institutions lining a newly restored street grid, a new neighborhood teeming with life.  Read more...
New York Times
Planners seeking to rebuild the World Trade Center have always envisioned that the 16-acre site would have a vibrant streetscape with distinctive buildings, shops and cultural institutions lining a newly restored street grid. From the destruction of Sept. 11, 2001, a new neighborhood teeming with life would be born.   Read more...
LowerManhattan.info
Now is the phase of construction that seems invisible -- at least from street level. More than a half-million tons of soil, rock, and debris has been excavated, with thousands more to go, though the World Trade Center (WTC) site’s “east bathtub” sometimes seems like a slow-changing void instead of the bustling construction site it is.  Read more...
Architectural Record
Santiago Calatrava’s design for a transit hub at the World Trade Center site in Manhattan has been scaled back. On July 1, shortly after revealing that virtually all of the construction projects at Ground Zero were behind schedule and over budget, the Port Authority of New York and New Jersey announced it was cutting out a signature element of Calatrava’s elliptical-shaped building: a hydraulic system that would allow its ribbed steel wings to open and close. The operable roof was intended to allow natural light and air into the building.   Read more...
Daily News
The MTA's new construction chief is committed to building a glass-walled Fulton Transit Center in lower Manhattan that maintains many "elegant" characteristics of earlier plans.  Read more...
greenbuildingsnyc.com
Last June, HSBC announced a five-year, $100 million partnership to address global climate change, agreeing to work with The Climate Group, Earthwatch Institute, Smithsonian Tropical Research Institute, and the World Wildlife Fund in order to quantify the impact of climate change on the world’s cities, forests, and rivers through extensive field research. Yesterday, sources told GlobeSt.com that the bank is close to continuing its sustainable efforts by leasing 300,000 square feet across seven of the final ten floors available at Larry Silverstein’s LEED Gold 7 World Trade Center. Should the deal close, HSBC would likely sell its 500,000-square-foot headquarters tower at 452 Fifth Avenue in Midtown. Asking rents for the final ten floors at 7 WTC are hovering between $75 and $85 per square foot, and HSBC’s deal is rumored to be “at term sheet at the moment.”  Read more...
Associated Press
The World Trade Center site's owner has offered $20 million to acquire the 1,200-square-foot lot of a church destroyed on Sept. 11, freeing one more piece of land needed to rebuild every inch of ground zero.  Read more...
Crain’s New York Business
The credit crisis doesn’t seem to be hurting QVT Financial LP, which is doubling its space at 1177 Sixth Ave., between West 45th and West 46th streets. QVT, which already occupies the ninth floor, signed an eight-year lease for the entire 10th floor, bringing the firm’s total in the office tower to 48,000 square feet.   Read more...
NY Post
How bold it is of Gov. Paterson and Mayor Bloomberg to join forces in pressing for the 9/11 memorial to be finished by the 10th anniversary of the terrorist attack.   Read more...
Associated Press
The survivors' staircase, an escape route for people fleeing the World Trade Center on Sept. 11, made another move across ground zero Saturday.   Read more...
Reuters
Merrill Lynch & Co has ended discussions to move its headquarters to a planned office tower at the World Trade Center site, The New York Times said on Thursday.  Read more...
Associated Press
Billy Crystal is going to help build the Sept. 11 memorial.  Read more...
LowerManhattan.info
Last week Port Authority crews began installing the first of approximately 60 steel arches that frame the World Trade Center (WTC) Transportation Hub’s “east-west connector.”   Read more...
NY Sun
The executive director of the Port Authority, Christopher Ward, told the local Community Board 1 last night that an agreement with the leaders of St. Nicholas Greek Orthodox Church for an exchange of land needed to provide the congregation with a new home near ground zero had been reached. The church was destroyed after the terrorist attacks of September 11, 2001, when the World Trade Center's South Tower collapsed and obliterated the building.  Read more...
Associated Press
A New York City concrete maker says its striking cement truck drivers will go back to work at the World Trade Center site.   Read more...
NewYorkTimes.com
The first of the Calatrava curves have started to soften the spartan landscape of ground zero.  Read more...
Bloomberg News
The office towers planned for New York's World Trade Center will be done ``in my lifetime,'' developer Larry Silverstein said in an interview with CNBC.   Read more...
NY Post
New office buildings are good for New York. Even empty new office buildings are good, because history proves they won't stay empty for long.   Read more...
NY Sun
Christopher Ward has been in the executive offices of the Port Authority of New York and New Jersey less than 50 days, but his honeymoon period — if it could be called that — was over before it started.  Read more...
Associated Press
The rebuilding of the World Trade Center site is over budget and years behind schedule — including the Sept. 11 memorial that was once expected to open on the 10th anniversary of the terrorist attacks.  Read more...
NY Sun
For all the recriminations over the failure to rebuild at ground zero, a visit there yesterday found activity that is encouraging for all who hope that the World Trade Center site will once again be a center of commerce.   Read more...
MetropolisMag.com
The only person speaking with any frequency these days about his “vision” for the site is its developer, Larry Silverstein. Lately, he’s been giving what amounts to a stump speech, promoting the vitality of Lower Manhattan and touting his revised schedule. “The buildings will reach street level approximately one year after the start of construction, and Towers 3 and 4 will top out in mid-2010, with Tower 2 following in 2011,” Sil­verstein told the Downtown Association in April. “Can you count on this schedule? You bet.”  Read more...
Trader Monthly
Soirées rarely come any more sizzling than the one thrown by Sports Illustrated February 12 in New York to celebrate the launch of the magazine's 2008 Swimsuit Edition. Heavy snow was falling outdoors, but inside was considerably warmer as numerous models -- including SI cover girl Marisa Miller -- paraded before the crowd.   Read more...
NY Post
The Freedom Tower is up for grabs. Although Port Authority of New York and New Jersey insiders deny wanting to sell it outright, the agency has approached major developers about taking the slow-moving Ground Zero project partially or completely off its hands, sources told The Post.   Read more...
NY 1 News.com
Construction work on the interior of the lower 13 floors of Goldman Sachs's new 43-story headquarters in Downtown Manhattan can continue this week.   Read more...
Associated Press
A Beijing real estate company has signed a tentative agreement to move into the Freedom Tower, which would make it the first corporate tenant in the signature skyscraper planned at the World Trade Center site, the site's owner said Monday.   Read more...
The Daily Commercial News.com (AP)
The owner of the World Trade Center site has given developer Larry Silverstein a six-month extension to build an office tower to allow him to adjust the design to accommodate investment banking giant Merrill Lynch & Co.   Read more...
Commercial Property News.com
The board of governors of the Port Authority of New York and New Jersey voted late last week to give Silverstein Properties Inc. additional time to complete World Trade Center Towers 3 and 4. The extension will allow SPI to continue to pursue Merrill Lynch as the sole tenant of Tower 3; Merrill Lynch’s specific needs (such as large trading floors) would require some redesign of Tower 3, including its foundation and that of Tower 4.  Read more...
NY Post
There are two ways to look at the news that the Port Authority is giving Larry Silverstein a few months longer to finish Ground Zero's Towers 3 and 4, so he can first try to woo Merrill Lynch to the site:   Read more...
The New York Times
Merrill Lynch is negotiating a deal to build a 70-story headquarters at ground zero, a plan that would make it the first financial firm to return to the 16-acre former World Trade Center site since the terrorist attack destroyed the complex in 2001.  Read more...
Wall Street Journal
Merrill Lynch & Co. is in renewed talks to move its headquarters to a planned skyscraper at the World Trade Center site, according to people familiar with the matter.  Read more...
The New York Times
The Port Authority board met privately this morning to consider a deal that would allow Larry A. Silverstein, the developer of three of the future World Trade Center towers, to negotiate with Merrill Lynch as the tenant of the central building at the site. As it stands, under his agreement with the authority, Mr. Silverstein must complete the central building, known as Tower 3, by Dec. 31, 2011.  Read more...
New York Times
Avi Schick, president of the state's economic development agency, which is in the midst of a political overhaul, will step down in September.  Read more...
Larry A. Silverstein, the New York developer, is used to being second-guessed. “There’s no shortage of people who are always trying to tell you what you should do when it’s not their money that’s at stake, and not their property,” he said last week.
  Read more...
New York Times
They have not clipped the wings of the birdlike structure that is to be the aesthetic centerpiece of the World Trade Center transportation hub and PATH terminal, but Port Authority officials now plan to shrink it as they search for ways to keep the project within a $2.5 billion budget.  Read more...
On April 10, Christopher Ward was sitting in his midtown office when he got an unexpected phone call late in the afternoon. On the line was a mutual friend of Governor David Paterson’s top aide, Charles O’Byrne, calling with an unusual question.

  Read more...
Associated Press
New York Gov. David Paterson has picked a former city environmental commissioner and ports executive to become the next director of the Port Authority of New York and New Jersey.   Read more...
Reuters
Even before they were built, New York's Twin Towers provided a dream for Philippe Petit, and he spent six years chasing that dream until he conquered them with a spectacular, illegal act.  Read more...
Associated Press
The city on Wednesday lifted a stop-work order at a condemned skyscraper across from ground zero that had been in effect since a fire there killed two firefighters eight months ago.  Read more...
New York Times
The National September 11 Memorial and Museum at the World Trade Center will not open for at least three years. But on his visit last week, Pope Benedict XVI was able to see — in situ — the largest single exhibit that the museum will offer.  Read more...
am-New York
Port Authority head Anthony Coscia acknowledged yesterday that the cost of the World Trade Center transit hub was ballooning, and said that the agency must adjust to new financial realities.  Read more...
Associated Press
The executive director of the agency that owns the New York City-area airports and the World Trade Center site told senior aides on Thursday that he has resigned.  Read more...
New York Times
Concerned that the permanent World Trade Center transportation hub cannot be built as designed within the budgeted amount, the Port Authority has begun preparing plans for a more modest alternative.  Read more...
Reuters
The New York-New Jersey Port Authority, which controls the site of downtown New York's destroyed World Trade Center, on Tuesday said JPMorgan Chase & Co has assured the agency that it will occupy a new office tower proposed to be built next to "ground zero."  Read more...
New York Times
New York State’s top economic-development official has proposed moving the performing arts center planned for the former World Trade Center site and building it atop a vast subway station planned for downtown at Fulton Street and Broadway.  Read more...
New York Observer.com
The Port Authority is looking for a firm to run the observation deck at the Freedom Tower, located on the 102nd floor of the building.   Read more...
Associated Press
The World Trade Center museum and memorial complex has reached its private fundraising goal of $350 million, its board of directors announced Wednesday.  Read more...
New York Observer.com
Governor Paterson indicated he would re-examine the rebuilding effort at the World Trade Center site, where the billions of dollars of projects faced years of delays before moving into the construction phase in the past year and a half.   Read more...
New York Post
JPMorgan Chase will move ahead with building a tower at the World Trade Center, even though its plan to relocate its investment-banking headquarters to Ground Zero was scuttled by the acquisition of Bear Stearns earlier this week, The Post has learned.   Read more...
GlobeSt.com
JPMorgan Chase & Co. said it is deserting plans to move its Downtown headquarters to the World Trade Center site in the wake of its deal to acquire the Bear Stearns Cos. Inc., according to numerous reports. Those reports note that spokesman Brian Marchiony confirmed that the company was scrapping plans to move the company's investment-banking and trading operations to a building planned for the WTC site.   Read more...
New York Sun
The Port Authority is considering developing a mixed-use building or a residential high-rise at the World Trade Center site of the former Deutsche Bank headquarters, now that JPMorgan Chase & Co. has backed out of plans to move its investment banking operation there, sources said.  Read more...
New York Post
The reborn World Trade Center will begin rising above street level this spring - when the Freedom Tower's steel frame emerges from its 80-foot-deep construction pit, officials say.   Read more...
Peter Kiefer
Construction is finally set to commence on towers 3 and 4 at the World Trade Center site after five years of delay. Developer Larry Silverstein described the start of construction later this month as "nothing short of historic" and added that he was confident that a 2012 completion date for the project can be met.  Read more...
Reuters
A portion of staircase from the World Trade Center that provided an escape route for some survivors of the September 11 attacks was moved from its original site on Sunday ahead of its installation in a memorial museum.  Read more...
New York Post
Downtown is the new uptown. Lower Manhattan is being reborn with a flood of top-end shops and tens of thousands of new full-time residents.
  Read more...
WTOC-TV.COM
The steel that will be used to build the World Trade Center memorial in New York City is being kept in a warehouse in Chatham County.   Read more...
Associated Press
The steel bound for the Freedom Tower at ground zero travels thousands of miles, from a plant in Luxembourg where columns are rolled through casting machines at temperatures approaching 2,340 degrees.  Read more...
New York Sun
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 to be partnering with the California State Teachers' Retirement System, has offered more than $3 billion for the property, according to sources with knowledge of the proposals. The news confirms what was first reported in The New York Sun in December 2006, that the building's value could reach more than $3 billion.  Read more...
Associated Press
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.  Read more...
New York Sun
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 the city's tallest apartment building. The two men who now share this title are a managing director at the Blackstone Group, Chinh Chu, and a real estate investor, Dominick D'Alleva. Each owns a half-floor penthouse on the 90th floor of Trump World Tower.  Read more...
Associated Press
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 other city construction sites.   Read more...
NY1
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 Amanda Farinacci got an exclusive tour of work at the site and filed the following report.   Read more...
Downtown Express
Luxury amenities Downtown are nothing new. From Tiffany to Hermes, high-end retailers are flocking to the rapidly developing district.   Read more...
NY Post
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 lower Manhattan's stock of hotel rooms by 2012.   Read more...
Newsday
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 its water network such as was found after two firefighters were killed there last August, a state official said yesterday.  Read more...
New York Times
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.   Read more...
Associated Press
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.  Read more...
New York Times
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 firefighters died fighting a blaze in the contaminated tower.  Read more...
Associated Press
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.   Read more...
GlobeSt.com
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 entirety of the excavation of Tower 4 by mid-January, and Tower 3 two to four weeks later.   Read more...
National Underwriter Online News Service
President Bush today signed the Terrorism Risk Insurance Act extending the federal backstop on terrorism risk insurance until the end of 2014.   Read more...
Associated Press
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.  Read more...
New York Post
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.   Read more...
New York Times
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 buildings and tunnels under construction on the 16-acre site.   Read more...
Associated Press
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.   Read more...
NU Online News Service
New York’s governor and mayor made a plea today that a provision providing an incentive for insurers to cover terrorism risk in prime target areas be included in legislation extending the federal backstop for terrorism insurance.   Read more...
GlobeSt.com
Work on World Trade Center Towers 3 and 4 has taken a step forward now Silverstein Properties has awarded Yonkers Contracting Co. of New York the contracts to build the foundation for the two buildings. World Trade Center 3 will rise at 175 Greenwich St. and World Trade Center 4 will rise at 150 Greenwich St.   Read more...
Associated Press
The Senate voted Friday to extend for seven years a post-Sept. 11 law guaranteeing federal help for the insurance industry in the event of a catastrophic terrorist attack.  Read more...
New York Times
Yes, those are orange zebra stripes on the traffic barriers along lower Broadway. Yes, the 14-foot-tall plywood lightning bolts on John Street take the place of common sidewalk scaffolding. And yes, that tartan pattern on the construction fence along Fulton Street is made of security netting.  Read more...
Downtown Express
It has been just over a year since the New York Academy of Sciences left its stately long-time headquarters, the former Woolworth mansion on the Upper East Side, for what has turned out to be an extraordinary adventure 40 stories above ground zero at 7 World Trade Center.  Read more...
LowerManhattan.info
The Lower Manhattan Development Corporation (LMDC) announced Thursday that it will award more than $37 million in grants toward the creation or expansion of community-enriching programs, services, and facilities throughout Lower Manhattan.  Read more...
The New York Times
The Fire Department announced yesterday that it was changing the way it inspects buildings under construction or being torn down, to avoid the confusion that contributed to the deaths of two firefighters in a blaze at the former Deutsche Bank building at ground zero last summer.  Read more...
Associated Press
Merrill Lynch & Co., the world's largest brokerage firm, is considering a move from lower Manhattan to a midtown site near Pennsylvania Station.   Read more...
New York Sun
In Lower Manhattan and nearby TriBeCa, every segment of the real estate market is hot as a pistol. Thousands of tourists from around the world, yuppies and eco-boomers, financial service executives, and construction crews are active in the revitalization of the nation's third-largest business district — the fastest growing residential market in New York City.  Read more...
Argus Leader
It was a somber mood in the Empire Mall parking lot Saturday as visitors to the traveling Sept. 11 disaster memorial looked at pictures of the day of the attacks on the World Trade Center.  Read more...
GlobeSt.com
Locally based Cushman & Wakefield has been named the exclusive leasing agent for 1 World Trade Center, the Freedom Tower, by the Port Authority of New York and New Jersey. The Freedom Tower, which is currently under construction at the site of the former World Trade Center, will total 2.6 million sf upon its completion in 2012.   Read more...
The New York Times
The NCR Corporation, the data processing giant and the largest maker of automated teller machines, announced yesterday that it is moving its executive office from Dayton, Ohio, to a new skyscraper in Lower Manhattan.  Read more...
The New York Sun
The main developer of ground zero, Larry Silverstein, is bringing a piece of the magic that broke records at the residential project 15 Central Park West to Lower Manhattan.  Read more...
The owners of a condemned ground zero skyscraper hope to resume dismantling work next month, and the weeks of delays after a deadly August fire shouldn't affect the rebuilding schedule at the World Trade Center site, a state development leader said Thursday.  Read more...
New York Post
The Big Apple is in the midst of a building boom that over the next 25 years will change the face of the city and create so many new office towers that the added space alone will be bigger than downtown San Francisco or Atlanta, a Post analysis shows.   Read more...
Washington, DC—Commercial property insurance policyholders are generally satisfied with proposed House legislation expanding the federal program to assist the insurance industry in the event of a major terrorist attack. In a vote late last month, the House approved the Terrorism Risk Insurance Revision and Extension Act of 2007, which extends the terrorism risk insurance program for 15 years. It also adds group life insurance, broadens the federal backstop to include domestic terrorism as well as support for damages caused by nuclear, biological, chemical or radiological attacks and adjusts the damage levels triggering coverage under the act.  Read more...
NEW YORK CITY-Another law firm moves Downtown. Kostelanetz & Fink LLP took 14,000 sf of space for an eight-year term on part of the 34th floor at 7 World Trade Center. The company is moving from 530 Fifth Ave., where it occupied approximately 7,000 sf.   Read more...
New York Times
The wealthy have been synonymous with Wall Street since before the New York Stock Exchange was founded in 1792. But a prosperous group of potential shoppers had to move to the financial district before luxury retailers like Hermès, Thomas Pink and BMW could be persuaded to open stores in the neighborhood.   Read more...
New York Sun
In a move that could lessen the state's ownership stake in the Freedom Tower, the Port Authority of New York and New Jersey is moving forward with a search for possible financial partners for the building.  Read more...

WASHINGTON (AP) — The House on Wednesday passed a 15-year extension of a program to aid the insurance industry in the event of a terrorist attack.

The measure, passed 312-110, is aimed at ensuring that developers can get insurance against losses from potential attacks. The insurance is a condition to obtaining financing for building projects such as the one to replace the World Trade Center, leveled in the attacks of Sept. 11, 2001.   Read more...

WASHINGTON/NEW YORK - The U.S. House of Representatives is expected to consider on Wednesday a bill to extend the government's terrorism risk insurance program amid controversy over its federal budget impact.

The House Rules Committee voted on Tuesday to send to the floor a bill to extend and expand 2002's Terrorism Risk Insurance Act (TRIA), which is being closely watched by insurance companies and real estate developers.   Read more...

Mayor Michael Bloomberg will travel to Pennsylvania this weekend along with a steel beam that is touring the country as part of the fundraising campaign he is leading for the World Trade Center memorial, his office said Tuesday.

The event on Sunday in Pittsburgh will be the fourth stop for the 4-ton steel beam, but the first that the mayor will attend. His plans for the multistate tour have been closely watched because of the unending speculation that he is eyeing a run for president next year and seeking to maximize his national exposure.   Read more...
Financial Times Magazine
Larry Silverstein darts out of the elevator as it touches the lobby of his Park Avenue apartment building, offers me a brisk yet friendly greeting, then races out of the glass door, making sure to offer a courteous "thank you" to the doorman. I am supposed to follow. Silverstein is 76, but he walks at an extraordinary clip, as if wearing stilts. It is a muggy Friday morning in July, and he has eschewed his usual double-breasted suit with striped Turnbull & Asser shirt for a blue plaid sportscoat, an open-collared shirt and boat shoes.  Read more...
Architectural Record
Larry Silverstein announced at a press conference yesterday that his development firm will put out to bid 70 construction packages for three office skyscrapers at the World Trade Center site by November, with foundation and steel work set to begin in January. Representatives from Foster & Partners, Rogers Stirk Harbour + Partners, and Maki and Associates were also on hand to present the latest schematic designs for these buildings—the most detailed views yet of what people visiting the site might see when construction finishes in 2012.  Read more...

John "Janno" Lieber may have the best view in Manhattan-and he's working hard to ruin it.

From his 38th-floor office at 7 World Trade Center, the gap-toothed, 45-year-old redhead gazes out a full wall of glass at tiny boats cruising along the Hudson under the Verrazano Narrows Bridge. In the distance is the Statue of Liberty. It's a stunning vista on a beautiful, summer day. But the youthful, Harvard-educated executive spends most of his time worrying about the muddy construction site directly below-and the buildings that will rise out of it.   Read more...

What a difference a year makes, even at Ground Zero.  Read more...

Two of the World Trade Center's tridents - a signature architectural element from the base of the Twin Towers - will be returned to the Memorial Plaza at Ground Zero, where they will stand sentry inside the museum pavilion, The Post has learned.  Read more...

The American Lawyer
Wachtell dedicated more lawyers to helping Larry Silverstein rebuild at Ground Zero than to any other project in its history.  Read more...

Repair work resumed this weekend to stabilize a Ground Zero skyscraper burned in a deadly fire, and several streets around the building were closed to traffic until further notice.  Read more...

The circuitous effort to build a permanent Sept. 11 memorial took another turn Tuesday when the group leading the effort changed its name.

In a bid to broaden its appeal, the World Trade Center Memorial Foundation announced the new name, outlined a 15-city goodwill tour beginning next month and unveiled a redesigned Web site, national911memorial.org.  Read more...
The Associated Press
SAVANNAH, Ga. (AP) - The steel beams shipped from overseas for use in construction of the Sept. 11 memorial in New York are so massive that a flatbed tractor-trailer can carry only one at a time.

Measuring 72 feet in length and weighing 21.5 tons apiece, the I-beams loaded onto trucks Wednesday at the Port of Savannah will form part of the support trusses needed to build an underground museum 70 feet beneath the street-level memorial plaza at ground zero.  Read more...
The Real Deal
For months, the glamorous parties atop Larry Silverstein's new 7 World Trade Center have attracted A-list celebrities like Lindsay Lohan, Drew Barrymore and Naomi Campbell.

Since no one has yet signed a lease for the top floor, Silverstein has been renting it out for A-list galas in recent months, charging a hefty $25,000 a day.  Read more...

The circuitous effort to build a permanent Sept. 11 memorial took another turn Tuesday when the group leading the effort changed its name.  Read more...

NEW YORK - The owner of the World Trade Center site is taking over construction of the Sept. 11 memorial, following recommendations that the government agency would help trim the memorial's spiraling costs by taking control.  Read more...

JPMorgan Chase & Co. agreed to build a skyscraper near Ground Zero for its investment-banking headquarters, becoming the second Wall Street firm to commit to moving into the area devastated by the terror attacks of Sept. 11.  Read more...

Although the insurance industry just agreed to pay $2 billion to help rebuild the World Trade Center site - bringing the total paid to $4.55 billion, the biggest insurance settlement ever - that doesn't mean that the private sector alone can handle terrorism insurance.  Read more...

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