Anjali Athavaley | 04.15.2013 | Wall Street Journal
Larry Silverstein has long been known as the Energizer Bunny of New York real-estate developers.
But after 60 years in the business, the indefatigable developer is beginning to slow down. This year, he says he will drop his role of chief executive of Silverstein Properties, although he will stay on as chairman.
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Billy Gray | 04.12.2013 | Commercial Observer
The YMCA Retirement Fund signed a 15-year, 52,000-square-foot lease at Silverstein Properties‘ 120 Broadway.
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Billy Gray | 03.22.2013 | Commercial Observer
Two months after Silverstein Properties announced the launch of Silver Suites Offices, the collaborative work space occupying 30,000 prebuilt square feet on the 46th floor of the 52-story 7 World Trade Center is 50 percent leased.
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Al Barbarino | 03.20.2013 | Commercial Observer
Before Jeremy Moss, senior vice president of leasing at Silverstein Properties, joined the firm four and a half years ago, he spent eight years working at Forest City Ratner, a tenure that culminated in a role managing the leasing of the office space at the New York Times building. He called working alongside Bruce Ratner and MaryAnne Gilmartin on the Times building “a great learning experience that prepared me well for the World Trade Center.” Mr. Moss helped oversee leasing at Silverstein’s 7 World Trade Center and is now leading efforts at 2, 3 and 4 World Trade Center. “I feel fortunate to be able to work on such a historic project, particularly as a native New Yorker,” Mr. Moss said when he sat down with The Commercial Observer last week to discuss his leasing efforts at the World Trade Center, its impacts on lower Manhattan and the future of the market.
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Marta Mardosz | 03.18.2013 | Warsaw Business Journal
Kulczyk Silverstein Properties (KSP), a joint venture of Kulczyk Real Estate Holding and Silverstein Properties, has purchased the Holland Park office building from CBRE Global Investors. The scheme’s total office space amounts to 10,416 sqm, including 1,418 sqm of retail space and 108 underground and surface parking spaces.
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03.14.2013 | Real Estate Finance Intellegence
Real estate titan Larry Silverstein, president and ceo of Silverstein Properties, spoke to REFI editor Samantha Rowan about his charity, the Realty Foundation of New York, of which he is chairman emeritus. Founded in 1954, the charity is a source of funds to those real estate professionals who find themselves on hard times in tough market conditions or personal situations. It also assists employees and children of employees of board member firms with higher education scholarships.
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Steve Cuozzo | 02.05.2013 | New York Post
At risk of sounding like a broken record, here’s another big move from Midtown to downtown:
The American Arbitration Association is leaving behind Paramount-owned 1633 Broadway for two other locations, the bulk of it at Larry Silverstein’s 120 Broadway.
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Jane L. Levere | 01.30.2013 | New York Times
Silverstein Properties, the developer of the World Trade Center complex in Lower Manhattan, is shifting gears to expand its presence in the city’s corporate apartment market.
Silverstein Properties bought the Beekman Tower Hotel on Tuesday for $82 million with Fisher Brothers and Capstone Equities, and plans to convert the traditional transient hotel at 3 Mitchell Place — near 49th Street and First Avenue — into furnished, luxury corporate apartments that will require a minimum stay of 30 days.
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Matt Dunning | 01.13.2013 | Business Insurance
Like a lot of buildings in lower Manhattan, Silverstein Properties Inc.’s 600,000-square-foot tower at 120 Wall St. took on significant flooding during Superstorm Sandy on Oct. 29.
But unlike a lot of its financial district neighbors that remain closed to tenants, 120 Wall St. was reopened just two weeks after the storm, thanks in large part to the business continuity plan Silverstein’s risk management and information technology departments had spent most of this past summer developing.
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Rayna Katz | 01.09.2013 | Globe St.
NEW YORK-Enabling him to add yet more hardware to his desk, Larry Silverstein, President and CEO of Silverstein Properties, will be the honoree at the Realty Foundation of New York’s luncheon this year. Scheduled for Thurs., April 18th, the 59th annual fundraiser will be held at 12:00 p.m. in the Waldorf-Astoria’s grand ballroom.
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Amanda Fung | 12.03.2012 | Crain’s New York Business
At Silverstein Properties, employees don’t need to be Larry Silverstein’s relative to be treated like family. Mr. Silverstein, the chief executive and president, walks the halls to get to know everyone, even the names of workers’ kids. The company’s family sensibility also affords employees extended time to spend with their own families, with Fridays off before a three-day holiday weekend and half-day Fridays year-round.
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Al Barbarino | 11.14.2012 | Commercial Observer
Silverstein Properties reopened 120 Wall Street Wednesday morning for the first time since Hurricane Sandy flooded the 600,000-square-foot building’s basement and damaged electrical distribution equipment
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UBM's Future Cities | 11.13.2012 | UBM's Future Cities
From Tragedy to Sustainability
When tragedy strikes a city, it often presents an opportunity to rebuild in a better way. Janno Lieber, president of World Trade Center Properties, discusses New York City's efforts to rebuild the WTC site with sustainability in mind.
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Bloomberg Businesweek | 11.02.2012 | Bloomberg Television
Larry Silverstein, president and chief executive officer of Silverstein Properties Inc., talks about the impact of superstorm Sandy on the World Trade Center site in Lower Manhattan and climate change. Silverstein speaks with Deirdre Bolton on Bloomberg Television's "Money Moves."
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Aline Reynolds | 11.02.2012 | Downtown Express
Though the World Trade Center didn’t incur significant damage, the complex had sizeable water accumulation in its basements that workers were still pumping out at press time on Friday.
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DAVID W. DUNLAP | 10.25.2012 | New York Times
Cortlandt Street in Lower Manhattan was where demolition began in 1965 for what was to become the World Trade Center. Then the street itself was sacrificed, for three blocks, to help create an unbroken 16-acre site for the twin towers. In four months, however, workers will begin restoring one of the missing blocks of Cortlandt Street, between Church and Greenwich Streets, as Cortlandt Way.
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Green Buildings New York City | 10.25.2012 | Green Buildings New York City
After becoming the first tenant to implement New York City’s Energy Aligned Lease Clause, the law firm WilmerHale has announced another environmental milestone for its offices at 7 World Trade Center: LEED for Commercial Interiors Gold certification.
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David M. Levitt | 10.24.2012 | Bloomberg
Office rents in the new towers at lower Manhattan's World Trade Center will rise to levels "very close" to those for high-quality spaces in Midtown, said Larry Silverstein, who is building one of the skyscrapers.
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AFP | 10.23.2012 | AFP
NEW YORK — Poland is on course to open a long-delayed museum dedicated to its near vanished Jewish minority next year, Culture Minister Bogdan Zdrojewski said Tuesday, lauding the project's global impact.
"It will be an important institution not only in Europe, but in the world," Zdrojewski said at a presentation for the Museum of the History of Polish Jews in New York.
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tephen Kleege | 10.23.2012 | Commercial Observer
Silverstein Properties this month leased a 50,000-square-foot block of space at 120 Broadway to Beyer Blinder Belle Architects & Planners LLP, taking advantage of the incipient migration of a new breed of tenant into the Financial East area.
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Stephen Kleege | 10.23.2012 | Commercial Observer
The 1 World Trade Center tower, which seems to spring into view from every vantage point these days, symbolizes different things to different people. To commercial landlords and brokers, it represents both a flagship for the Downtown area and a potential surge in competition. For those with a direct stake, it means the recovery from the terrorist attack is finally reaching the finish line.
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Lois Weiss | 10.18.2012 | New York Post.com
The political battle royal over the World Trade Center site is meticulously captured in the new revealing documentary, “16 Acres.”
The flick covers the decade of twists and turns from the time Larry Silverstein hoisted the keys to the complex on July 25, 2001, through the opening of the Memorial fountains on Sept. 11, 2011.
The $750,000 film, by co-producers Mike Marcucci and Matt Kapp, was sharply pared down by director Richard Hankin from 3,000 hours of archival footage and interviews with the players.
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GlobeNewswire via COMTEX | 10.17.2012 | GlobeNewswire via COMTEX
NEW YORK, Oct 17, 2012 (GlobeNewswire via COMTEX) -- WilmerHale announced today that its New York office has been awarded LEED(R) Gold certification. The LEED rating system, developed by the U.S. Green Building Council (USGBC), is the foremost program for buildings, homes and communities that are designed, constructed, maintained and operated for improved environmental and human health performance. The law firm is one of only three in the city of New York known to have earned this recognition.
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Michael Stoler | 10.15.2012 | WNET-TV (PBS)
My name is Michael Stoler. There is an individual that everyone knows in New York City, his name is synonymous with lower Manhattan, New York City development. He's been around for years. he's a good friend. He's Larry Silverstein, who is the CEO and co-president of Silverstein Properties…
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10.10.2012 | Leaders Magazine
EDITORS’ NOTE
Marty Burger joined the company in February 2010 and leads the acquisitions and business development efforts in the U.S. and abroad. Prior to this, Burger was President and Chief Executive Officer of Artisan Real Estate Ventures, a company he founded in 2006. Burger spent 15 years at Related, serving as President of Related Las Vegas and Executive Vice President of Related Companies, L.P. He was also a Principal and Chief Investment Officer for Related Urban Development (mixed-use division), Related Lodging Group (hotel division), and Related Experiences (sponsorship division). From 1994 to 1997, Burger was a Vice President at The Blackstone Group. From 1993 to 1994, he worked for Goldman Sachs’ Whitehall Real Estate funds. He received a Bachelor of Science degree in Economics from the Wharton School of the University of Pennsylvania.
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NICK KURCZEWSKI | 10.03.2012 | New York Times
Stronger than any coffee from a curbside vendor, a V-8-powered jolt was recently provided to commuters in Lower Manhattan by a freely revving Ferrari racecar.
Aim Autosport Team FXDD idled its rosso Ferrari 458 Italia GT on Tuesday morning outside of 7 World Trade Center to celebrate earning the manufacturer’s title in the 2012 Rolex Grand-Am GT Sports Car Series championship. Dressed in their race suits, team drivers Jeff Segal and Emil Assentato greeted passers-by and debated the prudence of performing a tire-smoking burn-out for the crowd of curious onlookers.
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Michael Stoler | 09.24.2012 | The Stoler Report
Host Michael Stoler talks with guests Janno Lieber, World Trade Center Properties; Jeremiah Larkin, Brookfield; Michael Murray, HHM and Drew Nieporent, Myriad Restaurant Group about the continued development of a 24-hour community in lower Manhattan. All agreed that spurring this development was accessibility to public transportation making this area a highly desirable location for the creative community and an exciting place for tourism. Participants discussed the need for more retail and plans to meet this need.
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The Editors | 09.18.2012 | 2012 Owners Magazine
It all began with a simple premise: If you could ask the city’s biggest, most powerful commercial real estate owners 15 questions, what would they be, and what would that list look like?
Sure, it would include market predictions and boilerplate real estate stuff, like views on Midtown South’s dramatic uptick in popularity and its ongoing trendiness among tech upstarts. But it would also feature more intimate questions about politics and family, art and personal achievement. In short, it would be our platonic ideal of a night out with some of the most successful businessmen in New York.
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09.10.2012 | Reuters
Poland's richest man Jan Kulczyk and New York real estate mogul Larry Silverstein have launched a fund that plans to invest up to 1.5 billion euros ($1.9 billion) in Central and Eastern European commercial property.
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09.10.2012 | NY1
The World Trade Center continues to take shape and claim its spot along the city's skyline.
Silverstein Properties hosted a tour of 4 World Trade Center Friday morning.
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Daniel Geiger | 09.05.2012 | Commercial Observer
Silverstein Properties may not yet be pulling tenants to the World Trade Center site, but several leases are teeing up at 120 Broadway according to sources familiar with the building.
At least three deals are done or in process these people say, including a large lease that just got signed for the building’s entire 50,000-square-foot seventh floor with the Metropolitan Council on Jewish Poverty.
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08.19.2012 | Property Investor Europe
Kulczyk Silverstein Properties, the private Warsaw-based real estate investment company, has added two senior professionals from Heitman European Private Equity, Otis Spencer and Dennis Dart, to help expand in eastern Europe.
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08.17.2012 | The Real Deal
Having acquired the World Trade Center buildings just weeks before the Sept. 11 terror attacks, developer Larry Silverstein has attracted the attention of many during his redevelopment of the World Trade Center site. In this video, The Real Deal takes a look at the storied career of Silverstein, the man behind Silverstein Properties.
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07.31.2012 | Property Magazine International
Kulczyk Silverstein Properties (KSP), a joint venture of Kulczyk Real Estate Holding and Silverstein Properties (SPI), has been expanding its portfolio. In July 2012, the company acquired two high class office buildings from Hochtief Development Poland. This is the second transaction of KSP after the acquisition of the Stratos Office Center in August 2011.
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Daniel Edward Rosen | 07.31.2012 | Commercial Observer
Practising Law Institute, a non-profit legal education organization, has signed a 15-year lease for 68,000 square feet of office space at 1177 Avenue of the Americas, it was announced today.
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Melanie Grayce West | 07.22.2012 | Wall Street Journal
Even after 56 years of marriage, Larry A. Silverstein can still surprise his wife, Klara.
The latest surprise came about a month ago when Mr. Silverstein, the 81-year-old president and chief executive of Silverstein Properties, a real-estate development and investment firm, presented his wife with a gift of $5 million to Hunter College, part of the City University of New York.
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Daniel Geiger | 07.10.2012 | Commercial Observer
During a ski trip to Colorado several months ago, Michael May, an executive at Cantor Fitzgerald, remembers his eagerness to hit the slopes. He rose at the crack of dawn and found his friend Marty Burger, who had organized the trip, waiting in the lodge with the same idea in mind.
Traveling with a large group of executives, they skied all day. Mr. May remembers being exhausted, but Mr. Burger convinced him to join him and few others for some indoor tennis back at the hotel. A couple of games, at Mr. Burger’s urging, turned into a couple of sets.
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07.02.2012
Kulczyk Holding became a Notable Donor to the Museum of the History of Polish Jews. Dr. Jan Kulczyk’s investment house donated PLN 20 million to the world’s first and only museum devoted entirely to the history of Polish Jews.
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