Real estate developer Larry Silverstein can’t recoup any of the $1.2 billion recovered by World Trade Center insurers in settlements with airlines and airport security companies over the Sept. 11, 2001, terrorist attack that destroyed the office complex, a judge ruled.
Apollo Global Management LLC, the private-equity firm run by Leon Black, is telling prospective investors their commitments might get scaled back if they wait past October to invest in its next flagship fund, according to two people familiar with the matter.
Real estate developer Larry Silverstein can’t seek $3.5 billion from airlines whose planes were hijacked by terrorists and flown into the World Trade Center’s twin towers on Sept. 11, 2001, a judge ruled.
It was an epic “whodunit” in the publishing world. Who was the enigmatic tweeter who led to the disclosure that J.K. Rowling, the author of the Harry Potter series, had penned the pseudonymous mystery novel “The Cuckoo’s Calling”?
Larry Silverstein’s World Trade Center Properties LLC is set to find out today if it’s entitled to seek $3.5 billion from airlines whose jets were seized by terrorists and flown into the twin towers on Sept. 11, 2001.
Foster + Partners, the architectural firm run by Norman Foster, was chosen to design the first full- block office tower on Manhattan’s Park Avenue to be built in almost 50 years, the developers said today.
Larry Silverstein reached a preliminary agreement for advertising firm GroupM to lease offices at 3 World Trade Center, marking a key step for the developer to proceed with building the 80-story lower Manhattan skyscraper, two people with knowledge of the negotiations said.
Freeport-McMoRan Copper & Gold Inc., the world’s largest publicly traded copper producer, agreed to acquire Plains Exploration & Production Co. and McMoRan Exploration Co. for about $9 billion as the company returns to its roots in energy.