The Port Authority Board of Commissioners today authorized a series of agreements (collectively known as the “Development Plan”) that will ensure the full restoration of the entire World Trade Center site. The agreement builds on significant momentum at the WTC site, following construction progress site-wide and recent announcements of a transaction with the Durst Organization and a Letter of Intent with Condé Nast.   Read more...

Downtown has emerged as one of the world’s most exciting mixed-use neighborhoods, offering an unparalleled blend of high-tech office space, retail, residential living and cultural attractions. This agreement will ensure that we continue this momentum with a new generation of cutting-edge, green skyscrapers becoming available starting in 2013.   Read more...

Reflecting significant progress in the rebuilding of the World Trade Center site, Project Rebirth has produced “Rebirth Preview 2010” an update of the four minute piece that has been viewed by over 950,000 visitors at the 9/11 Memorial Preview Site in downtown Manhattan. Planned for public release in 2011, the Project Rebirth feature length documentary will chronicle the strength of the human spirit coping with disaster: the aftermath of September 11, 2001. “Rebirth Preview 2010” provides audiences an experience of the film, and a reflection of the spirit of the project, which honors 9/11 and the resilience of first responders and victims in the face of trauma and loss.
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The number of hotels in Lower Manhattan has tripled since September 11, 2001, and the number of rooms in the district has increased by more than 60 percent, the Alliance for Downtown New York announced today.  Read more...

The States of New York and New Jersey, the City of New York, the Port Authority and Silverstein Properties announced today the outline of a development plan for the east side of the World Trade Center site. The plan calls for the immediate restoration of the east side of the WTC site to at least street level, the completion of Tower 4 by 2013 and the phase-in of Towers 2 and 3 over time. All other projects, including the 9/11 Memorial, One World Trade Center, the WTC Transportation Hub and other public infrastructure, will continue moving forward.  Read more...

On April 20, 2010, The Building Green Expo and Workshops returns to New York City and will take place at 7 World Trade Center. Building Green has added two new elements to this year's event: A Green Contest which is open to the public, and a children's educational component geared towards elementary students explaining what sustainability means and providing steps to help keep the world green.  Read more...

The World Trade Center arbitration panel ruled yesterday that, due to construction delays at the site and other issues, the Port Authority and Silverstein Properties must work together to create a new collaborative plan and schedule for the project and report back to the Panel in 45 days.  Read more...

On September 10, 2009, to kick off the first annual 9/11 National Day of Service and, the Tribute WTC Visitor Center, USO and MyGoodDeed.org will host Remembrance an afternoon of volunteering. Volunteers will work together to stuff 5,000 USO care packages that will be sent to our military forces. The event will take place from 2pm to 4pm at 7 World Trade Center, 250 Greenwich Street.  Read more...

Silverstein Properties today presented the Port Authority of New York & New Jersey with a “Notice of Arbitration” letter. The notice is in direct response to the Port Authority’s inability to meet its rebuilding obligations at the World Trade Center and the major financial and physical impacts of these failures on the Silverstein organization’s ability to rebuild.  Read more...

Silverstein Properties today provided the Port Authority of New York & New Jersey with a “Notice of Dispute” letter. The notice reflects the Port Authority’s inability to meet its rebuilding obligations at the World Trade Center and the major financial and logistical consequences of these failures on the Silverstein organization’s ability to rebuild.   Read more...