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Cond Nast is to lease one million square feet in the lead tower at ground zero in a deal worth an estimated $2 billion over 25 years.
The Port Authority has struggled to create an elegant and secure skyscraper while also containing costs.
Larry A. Silverstein, the developer of 4 World Trade Center, is taking up New York City on its commitment to lease one-third of the building.
In 2010, so much progress was made at the World Trade Center that officials saw no need to cook up fabricated milestones, as they had in the past. But in December, the Port Authority of New York and New Jersey showed that old habits die hard. It announced in a press release (accompanied by this picture) that 1 World Trade Center - the building formerly known as Freedom Tower - had reached "halfway to the top." Meaning what? That the structural steel had reached the level of the 52nd floor in what will be a 104-story building.
Few people seem willing to question whether building 1 World Trade Center makes any sense.
The Timess David W. Dunlap describes how the new World Trade Center complex is taking shape.
Despite setbacks and public cynicism, the puzzle that is the new World Trade Center complex is being pieced together rapidly.
Photographs from the Timess Fred R. Conrad provide an intimate view of construction at the site of the World Trade Center.
The publishing giant has signed a tentative deal to anchor the skyscraper now under construction.
The Durst real estate family won a hotly contested bidding contest for a stake in 1 World Trade Center and is expected to invest at least $100 million in the tower.
A family that owns 10 Midtown Manhattan office towers is favored by some Port Authority officials, but a deal is not assured.
A Subway restaurant franchise is housed in cargo containers and raised by cranes that rise as the building goes up.
Having the publishing giant as a tenant would bring a particular cachet to 1 World Trade Center.
Mr. Libeskind is best known for his work as the master plan architect for the reconstruction of the World Trade Center.
Panoramic views of 1 World Trade Center show the progress of building.
The days when 1 World Trade Center was regarded as an unnecessary exercise in waste appear to be over.
The Port Authority, the city and Larry A. Silverstein have worked out a formula to finance the project.
The Port Authority hopes to raise money for 1 World Trade Center, still under construction, and hand off the job of marketing the space and negotiating leases.
Fresh bread will soon be baking high above ground zero.
The Port Authority says that 1 World Trade Center, the address of the fallen north tower, is the most practical way to market the building. It had been called the Freedom Tower.
Cond Nast is to lease one million square feet in the lead tower at ground zero in a deal worth an estimated $2 billion over 25 years.
The Port Authority has struggled to create an elegant and secure skyscraper while also containing costs.
Larry A. Silverstein, the developer of 4 World Trade Center, is taking up New York City on its commitment to lease one-third of the building.
In 2010, so much progress was made at the World Trade Center that officials saw no need to cook up fabricated milestones, as they had in the past. But in December, the Port Authority of New York and New Jersey showed that old habits die hard. It announced in a press release (accompanied by this picture) that 1 World Trade Center - the building formerly known as Freedom Tower - had reached "halfway to the top." Meaning what? That the structural steel had reached the level of the 52nd floor in what will be a 104-story building.
Few people seem willing to question whether building 1 World Trade Center makes any sense.
The Timess David W. Dunlap describes how the new World Trade Center complex is taking shape.
Despite setbacks and public cynicism, the puzzle that is the new World Trade Center complex is being pieced together rapidly.
Photographs from the Timess Fred R. Conrad provide an intimate view of construction at the site of the World Trade Center.
The publishing giant has signed a tentative deal to anchor the skyscraper now under construction.
The Durst real estate family won a hotly contested bidding contest for a stake in 1 World Trade Center and is expected to invest at least $100 million in the tower.
A family that owns 10 Midtown Manhattan office towers is favored by some Port Authority officials, but a deal is not assured.
A Subway restaurant franchise is housed in cargo containers and raised by cranes that rise as the building goes up.
Having the publishing giant as a tenant would bring a particular cachet to 1 World Trade Center.
Mr. Libeskind is best known for his work as the master plan architect for the reconstruction of the World Trade Center.
Panoramic views of 1 World Trade Center show the progress of building.
The days when 1 World Trade Center was regarded as an unnecessary exercise in waste appear to be over.
The Port Authority, the city and Larry A. Silverstein have worked out a formula to finance the project.
The Port Authority hopes to raise money for 1 World Trade Center, still under construction, and hand off the job of marketing the space and negotiating leases.
Fresh bread will soon be baking high above ground zero.
The Port Authority says that 1 World Trade Center, the address of the fallen north tower, is the most practical way to market the building. It had been called the Freedom Tower.
Read the original here:
Freedom Tower (1 World Trade Center) - The New York Times
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