News/Press - 3 World Trade Center

3 Men Indicted in Tower Blaze, but Not the City

Dec 23, 2008

The Manhattan district attorney, Robert M. Morgenthau, announced manslaughter charges on Monday against three construction supervisors and a subcontractor, saying their gross negligence in dismantling...

20-FT. Wall Holds up Tower 4

Dec 16, 2008

When the Port Authority and Larry Silverstein announced last week's arbitration decision involving World Trade Center construction, the big news was the $50 million in penalties the PA must pay Silver...

Arbitration Decision Regarding WTC Site 2 and 4

Dec 12, 2008

“The arbitration panel ruled that work must continue on World Trade Center sites 2 and 4 in order to complete the Port Authority’s site turnover obligations, and as a result the panel reinstated l...

Sustainable Design a Priority at WTC

Dec 12, 2008

Rebuilding the World Trade Center (WTC) using sustainable materials, renewable resources, and energy-saving equipment is a top priority, according to Lower Manhattan Development Corporation (LMDC) off...

Port Authority Loses Arbitration Regarding Trade Center Delays

Dec 12, 2008

The Port Authority of New York and New Jersey must pay about $49.5 million in penalties to developer Larry Silverstein for failing to meet an Oct. 5 deadline on work at the World Trade Center site, an...

WTC Survivor Staircase Moves Again at Ground Zero

Dec 12, 2008

The "survivors' staircase" that served as an escape route for people fleeing the World Trade Center on Sept. 11, 2001, found a permanent home at ground zero Thursday.

WTC Owner Loses $300K/day Dispute with Developer

Dec 12, 2008

The World Trade Center site's owner is paying developer Larry Silverstein another $26 million in late fees this year after an arbitrator ruled it hadn't turned over land on the site in buildable condi...

A Ground-Level Glimpse of the Future WTC

Dec 10, 2008

Speaking at the Center for Architecture on December 8th, planners from Silverstein Properties, Maki and Associates, and Peter Walker Partners explained that their work on the three east-side towers is...

Ground Zero, Gift-Wrapped for the Holidays

Dec 09, 2008

The National Sept. 11 Memorial and Museum at the World Trade Center is adorning its fund-raising effort with a seasonal theme. For $100, donors can sponsor a “cobblestone” on the memorial plaza. (...

7 WTC Bucks Dire Forecasts

Dec 09, 2008

Mayor Bloomberg congratulated Larry Silverstein on the "continued success" of 7 World Trade Center last week - an overdue acknowledgment from Bloomberg, who once needled Silverstein for supposedly ask...

City Lensman on WTC Mission

Dec 08, 2008

The runaway boy from a Purulia village who struck it big in photography after an NGO spotted his talent on the platforms of New Delhi railway station is now set to scale even greater heights. Vicky Ro...

Silverstein Signs Bank at 7 WTC

Dec 05, 2008

In a hard-earned triumph for Larry Silverstein, German bank WestLB has leased the top three floors of 7 World Trade Center. The firm will move from 1211 Sixth Ave. into 129,000 square feet at the 52-s...

WestLB Signs Major Lease at 7 World Trade Center

Dec 04, 2008

New York City Mayor Michael R. Bloomberg and Silverstein Properties President & CEO Larry A. Silverstein today announced that WestLB, a leading German financial institution, has signed a 15-year lease...

9/11 Museum Kicks off Holiday Cobblestone Campaign

Dec 02, 2008

The National September 11 Memorial & Museum is conducting its second annual holiday cobblestone campaign.

Insurers Kick in Money for Deutsche Demo

Dec 02, 2008

Insurance companies recently paid $27.5 million toward the decontamination and demolition of the former Deutsche Bank building.

Wishbone Takes Shape at Trade Center Site

Dec 02, 2008

Among the many complications facing the architects and engineers of 1 World Trade Center, also known as Freedom Tower, is that it is being built directly over an operating railroad. Its site coincides...

Charge of No Leadership on Arts Center

Dec 02, 2008

One stakeholder at the World Trade Center site is voicing strong support for the oft-forgotten performing arts center.

Silverstein Exec is Frustrated with Ports W.T.C. Progress

Dec 02, 2008

Silverstein Properties maintains this wall, built by the Port Authority, is in the way of its construction of Tower 4 on the World Trade Center site, but the Port says the wall is outside the property...

Seeing the Trade Center Galleria, in Natural Light

Nov 23, 2008

Since summer, daylight has bathed the galleria of the new World Trade Center, pouring through the five-and-a-half-foot intervals between its rounded steel arches and creating a modernist version of th...

Downtown Will Rise Again. It Always Does.

Nov 21, 2008

Along with 7 World Trade Center, the three office towers Silverstein Properties is building on Greenwich St. will be places of great architecture and green design (Image, page, 19). They will be part ...

Trade Center Dispute Goes to Arbitration

Nov 21, 2008

An arbitration panel on Monday will begin hearing a dispute between the developer and the owner of the World Trade Center site involving issues that could lead to the delay of completing at least one ...

German Lender Takes 7 WTC Space HSBC Abandoned

Nov 19, 2008

Less than two months after HSBC backed out of a massive lease agreement at 7 World Trade Center, Silverstein Properties has reached a tentative agreement on a new lease with German lender WestLB, sour...

Silverstein Properties: Developer Creates Tower of Strength

Nov 17, 2008

Working for Larry Silverstein means enjoying daily access—and unlimited bragging rights—to a stunning 360-degree view of Manhattan and its surroundings. Lofty visions of the future are equally imp...

Where Two Towers Once Stood, a Memorial Begins to Materialize

Nov 17, 2008

Of all the right angles that have been built at ground zero in the last three years, of all the places where steel meets steel at 90 degrees, there is no more meaningful angle right now than the one p...