Designed by Rogers Stirk Harbour + Partners, 3 WTC is instantly recognizable by its iconic “K” brace, the building’s external steel framing, while seamlessly integrating into the triumphant community of World Trade Center architecture.
Convenience on a Grand Scale
The soaring lobby provides direct in-building access to 12 subways and adjacent retail.
Open, Light-Filled Spaces
The column-free structure allows for infinitely customizable layouts and inspiring work spaces, while the floor-to-ceiling windows saturate every corner of the floor with natural light.
The expansive, 5,000-square-foot terrace on the 17th floor is one of the largest terraces in NYC. While enjoying the fresh air, tenants can take a quick break, catch up on some work, or connect over a latté at the wifi-enabled Terrace Café.
Views That Never Get Old
Floor-to-ceiling glass, high ceilings (13’6” slab-to-slab), and the elimination of interior columns and perimeter convectors presents uncompromised views of the city and beyond, with natural light saturating every corner of the floorplan.
WTC Tax and Energy Incentives
As-of-right incentives are available only to World Trade Center tenants.
xTenants are exempt from Commercial Rent Tax for the entire term of the lease. Commercial office tenants in NYC pay a Commercial Rent Tax equal to 3.9% of gross rent. The benefit has no term limits, and is expected to save tenants $3.00 to $3.50 per RSF per annum.
Commercial Rent Tax Abatement
xTenants are exempt from sales tax on materials purchased in connection with their initial fit-out, including any fixtures, furniture and equipment. The sales tax savings is estimated to be $10.00 to $15.00 per RSF, which corresponds to a rental savings of approximately $1.00 to $1.50 per RSF per annum.
Sales Tax Exemption
xThe building receives electricity from the New York Power Authority at discounted rates. This benefit has no term limit. Based on current utility rates, tenants at 3 WTC today would enjoy a savings of approximately 30% off of standard Con Edison rates (an annual benefit of $1.00 to $1.50 per RSF versus other buildings).
xThe efficiency of the floor plates at the World Trade Center buildings allows tenants to fit their office space program into 5% to 10% less space than would be required in other buildings. This reduction in square footage translates directly into a significant savings of 5% to 10% in both rent cost and fit-out cost.
RE Taxes / PILOT
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