The World Trade Center site is by a long way the most extraordinary construction site anywhere in the world. The film Rebuilding the World Trade Center is documenting and bearing witness to the reconstruction of this unique place and to the process of healing the huge scar in the bedrock of New York and the shaken psyche of resilient New Yorkers.  Read more...

The National September 11 Memorial & Museum and The Port Authority of New York & New Jersey today installed two historic Twin Tower ‚tridents? into their permanent location at the 9/11 Memorial Museum. The pair of towering tridents will be visible from the Memorial Plaza through the Museum’s glass atrium.  Read more...

The City’s observance will take place at Zuccotti Park, on Liberty Street between Broadway and Trinity Place, on the morning of Saturday, September 11th. The ceremony will officially begin at 8:40 A.M. Families of those who died on September 11th may start arriving at 7:00 A.M. Music will provide a backdrop throughout the program.   Read more...

9/11 Memorial President Joe Daniels and Port Authority of New York and New Jersey Deputy Executive Director Bill Baroni today announced the arrival and planting of the first trees on the Memorial Plaza at the World Trade Center site. At least 12 of the nearly 400 trees planned for the Memorial are expected to be planted throughout the day, furthering the commitment that the Memorial will open for the 10th anniversary next year.  Read more...

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...

“The arbitration panel ruled that work must continue on World Trade Center sites 2 and 4 in order to complete the Port Authority’s site turnover obligations, and as a result the panel reinstated liquated damages effective to October 5. In anticipation of this ruling, the Port Authority and Silverstein Properties had already begun working cooperatively to resolve the outstanding issues that remain."  Read more...

New York City Mayor Michael R. Bloomberg and Silverstein Properties President & CEO Larry A. Silverstein today announced that WestLB, a leading German financial institution, has signed a 15-year lease for approximately 129,000 square feet of office space on the top three floors of 7 World Trade Center.   Read more...

The Port Authority today delivered a detailed report outlining a comprehensive road map that will guide the ongoing rebuilding of the World Trade Center site, and bring a new level of certainty and control to the complex project.
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We are now going to study the Port Authority's report and back-up materials so that our construction professionals can evaluate the new dates they have identified. This will allow us to gauge the impact on our part of the World Trade Center rebuilding effort.  Read more...

Ulrich Schmid-Maybach, founder of the Wilhelm & Karl Maybach Foundation and Silverstein Properties President and CEO Larry Silverstein introduced today a new World Trade Center Documentary Arts Project and unveiled a visual update on construction activity at WTC site. As a result of the collaboration between the Wilhelm & Karl Maybach Foundation and Silverstein Properties Inc., gifted young photographers from adverse backgrounds have been granted unprecedented access to photograph construction activity at the WTC site. Compelling artwork from the project is being showcased for the first time as part of the Foundation’s Excellence in Mentoring Leadership program.   Read more...

At a press conference at 7 World Trade Center, the National September 11 Memorial & Museum today provided a design briefing for the Memorial Museum Pavilion. The Museum Pavilion, designed by the Norwegian architecture firm, Snøhetta, and located between the two Memorial pools on the northeast quadrant of the Memorial Plaza, will be a graceful glass and steel structure that will serve as the primary entry into the Memorial Museum.  Read more...

The Port Authority of New York and New Jersey has completed the excavation work for World Trade Center Tower 3.  Read more...

Silverstein Properties President and CEO Larry A. Silverstein today announced an agreement with Four Seasons Hotels and Resorts – the world leader in luxury hospitality and service – to operate a hotel and private residences within a new development at 99 Church Street in Lower Manhattan. The announcement was made at a breakfast sponsored by the Alliance for Downtown New York and the Downtown-Lower Manhattan Association.  Read more...

The Port Authority announced today that it has substantially completed the excavation of the basement area for Towers 3 and 4 at the World Trade Center site, and that it would complete the entirety of the excavation of Tower 4 by mid-January, and Tower 3 two to four weeks later.   Read more...

Silverstein Properties and its joint venture partner, the California State Teachers' Retirement System (CalSTRS), announced today that it has acquired 1177 Sixth Avenue in midtown Manhattan from Paramount Group, Inc. for more than $1 billion.   Read more...

CG/LA Infrastructure announced today the confirmation of several new projects for the Global Infrastructure Leadership Forum, including the Panama Canal Expansion. The Global Infrastructure Leadership Forum will be held from December 12-14 at Seven World Trade Center in New York City. New York City Deputy Mayor Dan Doctoroff will open the Leadership Forum on December 12, and Larry Silverstein, President & CEO of Silverstein Properties, owner of 7 World Trade Center, will deliver a keynote.   Read more...

World Trade Center developer Larry Silverstein today announced that Yonkers Contracting Company, Inc. of New York has been awarded contracts to build the foundations for World Trade Center Towers 3 (175 Greenwich Street) and 4 (150 Greenwich Street).   Read more...

Construction has begun on "Silver Towers at River Place," two 60-story residential towers connected by a six-story base at 600 West 42nd Street, the companion to I River Place, a 40-story, 921-unit tower which opened in 2000. An "80-20" rental project, like its sister building, the 1,359-unit development is the city's largest rental complex currently in development and includes a mix of market rate apartments, corporate housing and moderate and low income units.  Read more...

Silverstein Properties today announced that ALM, a leading media company that publishes 33 national and regional magazines and newspapers, including The American Lawyer, Corporate Counsel, The National Law Journal, and Real Estate Forum, has agreed to move its headquarters to 120 Broadway in Downtown Manhattan. ALM will occupy two floors totaling approximately 90,000 square feet. In addition, Dealogic, an investment banking technology company, has added another 12,000 square feet as part of a lease renewal that brings its total commitment in the landmark building to approximately 40,000 square feet. With these two lease agreements, the historic office tower is virtually at full occupancy.   Read more...

Governor Eliot Spitzer, Assembly Speaker Sheldon Silver and developer Larry Silverstein today announced that National Cash Register (NCR) Corporation, a global technology solutions provider, will lease the 35th floor at 7 World Trade Center where it will locate executive offices and an executive briefing center. The 40,000 square feet of new office space will serve as a base of operations for 200 employees.   Read more...

Silverstein Properties announced today that renowned architect Robert A.M. Stern has been selected to design a new residential and hotel tower at 99 Church Street in Lower Manhattan. The new building, on Church Street between Barclay Street and Park Place, will include a five-star hotel, restaurant, and luxury condominiums. The project, which will begin construction in 2008, is scheduled for completion and occupancy in early 2011.  Read more...

World Trade Center developer Larry A. Silverstein and representatives of world-renowned architects Lord Norman Foster, Fumihiko Maki and Lord Richard Rogers gathered at 7 World Trade Center today to provide an update on designs and construction plans for the three World Trade Center towers being developed by Silverstein Properties. The three buildings will rise along the site's eastern edge, forming what will be the heart of a revitalized Downtown Manhattan's retail, transportation and office corridor. Construction on the three towers will begin next year.  Read more...

World Trade Center developer Larry A. Silverstein today announced that Moody's Corporation has agreed to occupy two additional floors of the 52-story, 7 World Trade Center at 250 Greenwich Street in Downtown Manhattan. This expansion brings the number of floors leased by Moody's at 7 World Trade Center to 17.

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World Trade Center developer Larry A. Silverstein today announced that Guy Punzi and Fred Alvarez, two highly accomplished design architects, have joined his growing World Trade Center development team.  Read more...

World Trade Center developer Larry A. Silverstein today announced that ABN AMRO Inc., the Dutch banking giant, has signed a 15-year lease to occupy three and a half floors in 7 World Trade Center. At approximately 140,000 square feet on floors 30-33, the ABN AMRO deal represents the second largest tenant deal to be signed for 7 WTC, and yet another in a growing number of major corporate moves to Downtown Manhattan. The lease also brings 7 World Trade Center to over 60 percent occupancy in the six months since it opened - over 1 million square feet leased.  Read more...

Governor George E. Pataki today joined Mayor Michael R. Bloomberg, Port Authority officials, and other dignitaries to witness the placement of the first steel columns for the Freedom Tower as construction on the tower continues. The columns were produced in Luxembourg and fabricated in Lynchburg, Virginia. The Freedom Tower was designed by David Childs and is one of the signature elements of the Libeskind Master Plan, all of which are currently under construction on the World Trade Center site.  Read more...

Silverstein Properties and its joint venture partner, the California State Teachers' Retirement System (CalSTRS), announced today that it has entered into contract with Moody's Corporation to purchase Moody's corporate headquarters building at 99 Church Street in downtown Manhattan for $170 million. The companies expect to complete the transaction in mid-December.  Read more...

Jumbo steel columns, some as long as a five-story building and weighing a total of 806 tons, have arrived in the U.S. from a Luxembourg mill where they were produced, World Trade Center Developer Larry A. Silverstein, Port Authority of New York and New Jersey Executive Director Kenneth J. Ringler Jr., and Tishman Construction Corporation Chairman Daniel R. Tishman announced today.  Read more...

World Trade Center developer Larry A. Silverstein today announced that Moody's Corporation has signed a 20-year lease to occupy 15 floors of the 52-story 7 World Trade Center at 250 Greenwich Street in Downtown Manhattan.  Read more...

In an exceptional assemblage of international architectural talent, Governor George E. Pataki, New York State Assembly Speaker Sheldon Silver, World Trade Center Developer Larry A. Silverstein and architects Lord Norman Foster, Lord Richard Rogers and Fumihiko Maki gathered at 7 World Trade Center today to unveil designs for the three World Trade Center towers that will rise along the site's eastern edge, forming what will be the heart of a revitalized Downtown Manhattan's retail, transportation and office corridor.  Read more...

All construction vehicles and equipment used on World Trade Center projects developed by Silverstein Properties will be required to consume ultra-low sulfur diesel fuel, World Trade Center Developer Larry A. Silverstein, Assembly Speaker Sheldon Silver and Community Board 1 Chair Julie Menin announced today. The program, dubbed "Clean Air for Our Community," will reduce sulfur, hydrocarbons and nitrogen emissions from on-site equipment by as much as 90 percent.  Read more...