12.13.2011
New York City developer Larry A. Silverstein today announced the appointment of Martin S. Burger as Co-Chief Executive Officer of Silverstein Properties, Inc. The appointment is an extension of the Silverstein organization’s ongoing expansion beyond its New York City base.
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12.06.2011
Four Seasons Hotels and Resorts kicked off construction of its luxury resort at Walt Disney World Resort today, in a groundbreaking ceremony with joint venture partners Silverstein Properties and Dune Real Estate Partners. The 444-room resort, being built in the enclave of Golden Oak at Walt Disney World Resort, will create about 2,000 construction jobs, and hundreds of resort positions when open.
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11.09.2011
The International Federation of Accountants (IFAC), the global organization for the accountancy profession, has signed a 24,962-square-foot lease at 529 Fifth Ave for its new headquarters.
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10.13.2011
The Catalog for Giving of New York City, a non-profit organization dedicated to transforming the lives of underprivileged children and teens of New York City, will host the 16th Annual Urban Heroes Awards Benefit on November 2, 2011.
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09.19.2011
Silverstein Properties announced today that MSCI Inc., a leading provider of investment decision support tools to over 5,000 clients worldwide, has signed a 20-year lease at 7 World Trade Center. The firm will occupy approximately 125,000 square feet on floors 47 through 49 of the 52-story tower. With this lease, 7 World Trade Center has achieved full occupancy.
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09.13.2011
Four Seasons Resort Orlando at Walt Disney World Resort Set to Open in 2014. Four Seasons Hotels and Resorts finalises USD 360 million development deal in Orlando, Florida with Silverstein Properties and Dune Real Estate Partners.
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09.13.2011 | Downtown Alliance
Art lovers can now "walk" to "work" in Lower Manhattan. Only a few blocks from the international installation Walking Men 99 TM is the newest outdoor public art installation, Men At Work, wrapping the base of Silverstein Properties' fast-rising 4 World Trade Center.
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09.07.2011
Good morning and welcome to 7 World Trade Center. It's an honor to be here today with two stalwart rebuilding leaders - Mayor Bloomberg and Speaker Silver; Chris Ward, our partner at the Port Authority; Joe Daniels, who has done a great job as the CEO of the Memorial Foundation; and Master Planner Daniel Libeskind. I also want to express my appreciation to Governor Cuomo, who couldn't be here today, but is a strong supporter of the rebuilding effort.
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06.15.2011
Silverstein Properties is pleased to announce a new partnership with Clay Health Club and Spa at Silver Towers, a residential complex on West 42nd Street. Clay will operate the luxury rental towers’ fitness and wellness facility, Club 7 by Clay, which includes a fitness center, salon, spa, indoor pool and roof deck. Industry veteran Steve Light will be the on-site manager for the new facility.
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04.05.2011
Mayor Michael R. Bloomberg today joined WilmerHale co-managing partner William J. Perlstein and World Trade Center developer Larry A. Silverstein at the signing of WilmerHale’s 7 World Trade Center lease, which is the first to incorporate groundbreaking language crafted by industry leaders working with the Mayor’s Office of Long-Term Planning and Sustainability to promote enhanced energy efficiency and sustainability. Under traditional leases, building owners are responsible for the upfront cost of energy efficiency improvements. Tenants, however, are the immediate beneficiaries of those upgrades, in the form of reduced energy costs. Because owners do not share in the benefit, they have little incentive to invest in energy upgrades. Building on the insights developed by the Natural Resources Defense Council (NRDC) Green Lease Forum, the Mayor’s Office of Long-Term Planning Sustainability brought together a group of real estate and energy efficiency experts and lawyer Mark Rauch to develop new commercial lease language that allows tenants, such as WilmerHale, and owners, such as Silverstein Properties, to share the costs, as well as the benefits, of energy efficiency improvements.
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