GroupM to Move to 3 World Trade Center
December 23, 2013
Silverstein Properties announced today that GroupM, the world’s leading media investment management group, has signed a 20-year lease at 3 World Trade Center. The firm will occupy approximately Read more...

Press Releases

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The heart of New York City’s historic Downtown was attacked and destroyed on 9/11. While the economy has created challenges, we have an obligation to our city and to our nation to rebuild. And the Port Authority took $2.75 billion out of the insurance fund for rebuilding based on its commitments to make it possible for us to rebuild at the WTC. I agree with Mayor Bloomberg and Speaker Silver that the cause is too important to give up – we owe it to the world, to our country, our city, and our Downtown community to keep our promises to rebuild after the worst terrorist attack on American soil in our nation’s history.  Read more...
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...
Good afternoon Chairman Gerson and Council Members. Thank you for this opportunity to address some important issues, as well as to dispel some misinformation, relating to the rebuilding of the World Trade Center site.  Read more...
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...

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