For New York University students, a retail property near the school in lower Manhattan is a place to buy a sandwich or milk. For developer Larry Silverstein, the location is part of a bond with billionaire Warren Buffett.
Silverstein Properties Inc. signed an agreement with advertising firm GroupM Inc. to be the anchor tenant at 3 World Trade Center, helping push forward development of the third skyscraper at the lower Manhattan site.
The first skyscraper at lower Manhattan’s World Trade Center is set to open with two days of ceremonies to mark the renewal of the area after its destruction by terrorists. When the fanfare subsides, the task will be filling the 40 percent of the tower that’s empty.
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.
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.
Larry Silverstein, developer of officer towers at Manhattan’s World Trade Center site, named Martin Burger co-chief executive officer of his real estate company as its investments expand beyond its New York base.
Larry Silverstein, redeveloper of towers at New York’s World Trade Center site, said he will expand investment in China and enter Israel for the first time to capture rising demand from wealth built on natural resources.
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.