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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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...

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