About Silverstein Properties

In July 2001, Silverstein Properties completed the largest real estate transaction in New York history when it signed a 99-year lease for the 10.6-million-square-foot WTC for $3.2 billion, only to see it destroyed in terrorist attacks six weeks later on September 11, 2001.

Silverstein Properties immediately committed to rebuilding the World Trade Center as the anchor to a brighter, more vibrant future for all of downtown New York. Once fully rebuilt, the World Trade Center will re-establish downtown Manhattan as the country’s leading financial center. Just as importantly, the neighborhood will be more dynamic than at any point in its history, with exciting new retail and cultural components, as well as extensive and inviting new public spaces – all surrounded by a burgeoning residential community that has grown by 30 percent since 2001.

In May 2006, Silverstein Properties invited the entire downtown community to help celebrate for the official opening of 7 WTC, the last building to fall on 9/11 and the first to be rebuilt. Recognized as the city’s first new “green” office building by the U.S. Green Building Council, the modern, glass and steel office tower is home to a wide-array of cutting edge tenants, who have leased most of the available office space in the building. Like 7 WTC, Silverstein Properties has made a commitment to New York to employ top-tier environmental, safety, and aesthetic standards as part of each tower it develops on the World Trade Center site.