Silverstein Properties currently has ten buildings in its portfolio of 9 million square feet. Throughout its 50-year history, the firm has developed, owned and managed some of the most successful and high-profile properties in New York City.
Downtown Manhattan
Silverstein Properties is a major contributor to the revitalization of Downtown New York with the opening of 7 World Trade Center, the city's first LEED-certified office building. The firm has $8 billion of development in the pipeline, including office towers at the World Trade Center site and the Four Seasons Hotel Downtown and Private Residences at 30 Park Place.
Since the 1980s, the firm has had a presence Downtown with the purchase of 120 and 140 Broadway. SPI implemented extensive renovation programs to re-position both buildings to Class-A status. In 1991, Silverstein Properties partnered with the New York City Economic Development Corporation to establish New York's first and only Association Center at 120 Wall Street to set aside tax-free headquarters for nonprofit groups that might otherwise leave the City.
Midtown Manhattan
Silverstein's current Midtown properties - 529 Fifth Avenue, 570 Seventh Avenue, 575 Lexington Avenue and 1177 Avenue of the Americas - are prominently situated in the heart of the Manhattan's vibrant commercial district. Each of the buildings is managed by Silverstein Properties, which maintains the highest standards in all aspects of building operations.
Silverstein Properties is nearing completion on Silver Towers, the city's largest new rental project and the companion building to River Place. Located on West 42nd Street, the entire complex is one of the largest affordable housing developments in the city. Along with 60,000 square feet of retail, including the city's only Lucky Strike, the entire project provides the area with a 25,000-square-foot public park.
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