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Hope for Ground Zero

It's taken nearly nine years, but large-scale commercial redevelopment of the World Trade Center site is tantalizingly close to taking off. But everything depends on the outcome of two ongoing, parallel negotiations involving the Port Authority -- neither of which is a sure thing. READ MORE  READ MORE

Construction of Ground Zero is Moving Along as Planned

In undertaking the daunting task of redeveloping Ground Zero, real estate man Larry Silverstein had a vision: to transform the site into a state-of-the-art office complex. He sought to create a center that's accessible, secure and eco-friendly all at once. READ MORE  READ MORE

Construction begins at WTC Tower 3

Construction is starting today at World Trade Center Tower 3, one of four planned skyscrapers in a spiral structure to be built by Silverstein Properties at the World Trade Center site, according to Janno Lieber, president of World Trade Center Properties, an affiliate of Silverstein Properties. READ MORE  READ MORE

Janney Montgomery expands midtown office

Janney Montgomery Scott is renewing its lease and expanding its footprint at 575 Lexington Ave., between East 51st and East 52nd streets. READ MORE  READ MORE

Silverstein Honored by Ernst & Young

Developer, Larry Silverstein, president and CEO Silverstein Properties, Inc., has been named Ernst & Young Real Estate Entrepreneur of the Year. READ MORE  READ MORE

National Bike-to-Work Day highlights increase in pedal power in NY

At a press conference outside 7 World Trade Center, which was built by Silverstein Properties with bicycle access as one of its original features, Quinn and other officials noted that some 75,000 New Yorkers are using bicycles for transportation on a typical day. READ MORE  READ MORE

'Building' momentum

A major milestone will be reached at Ground Zero next month when every project within the original World Trade Center site will be under construction -- a heartening leap forward for a venture that's been plagued by constant delays. READ MORE  READ MORE

It's Easy Being Green: BMI To Move NYC Headquarters To 7 WTC

Broadcast Music, Inc. (BMI) will be moving its New York offices to 7 World Trade Center on May 17. Its current offices will be closed on May 14 as they make the transition. READ MORE  READ MORE

Silverstein, Douglaston, Related Vie for Willets

World Trade Center developer Larry Silverstein, Queens developer Jeff Levine and Related Cos. chairman Stephen Ross are among those seeking to develop Willets Point, the polluted, 62-acre auto repair district next to Citi Field, according to city records. READ MORE  READ MORE

3 Questions for Scott Thompson, 4 WTC

The complexity of erecting a tower at the World Trade Center (WTC) site is unparalleled in New York City. The substructure alone for both 1 WTC and 4 WTC required more than two years’ time to plant the towers’ footings on bedrock, then construct reinforced-steel levels as deep down as 85 feet -- all while coordinating infrastructure for extensive utilities; the rebuilt Cortlandt, Fulton, and Greenwich Streets; and the Vehicular Security Center(VSC). READ MORE  READ MORE

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