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Old August 22nd, 2011, 10:17 PM   #2121
oilmanjr
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I thought 2, 3, and 4 made a line from N to S...
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Old August 22nd, 2011, 10:18 PM   #2122
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Are those renders off? I don't think WTC 4 would go that high up as compared to WTC 2. According to this render it is right up to where the slope begins on the WTC 2 roof.

Is that correct or a mistake in the render?
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Old August 22nd, 2011, 10:27 PM   #2123
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Quote:
Originally Posted by Hendycfc View Post
It will be four because you can see just out the window tower 3 and wee bit of one of it's spires
You can also tell because of the extremely wide span between columns. All WTC towers, except 4, have 30 foot column spacings. Tower 4 has unprecedented 80 foot wide spans which give you a remarkably uninterrupted view of the city.



Quote:
Originally Posted by 600West218 View Post
Are those renders off? I don't think WTC 4 would go that high up as compared to WTC 2. According to this render it is right up to where the slope begins on the WTC 2 roof.

Is that correct or a mistake in the render?
The renders are geometrically perfect. There is no error of that kind. There really can't be, unless I swap out models, which I am not. The same models used in the exterior renders are the ones used for interior shots as well.

Quote:
Originally Posted by oilmanjr View Post
I thought 2, 3, and 4 made a line from N to S...
Not really. They're offset so people on the N & S sides of Tower 3 have a view from their 70th floor.
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Old August 23rd, 2011, 07:44 PM   #2124
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A small blurb, but worth mentioning,

http://www.nypost.com/p/news/busines...C5prgYut9F3fSL

"Freedom Specialty Insurance Co., a subsidiary of Scottsdale Insurance, has expanded from 13,000 square feet to 32,000 square feet at Larry Silverstein’s 7 World Trade Center.

Of the 5-year-old tower’s 1.7 million square feet, 1.5 million are now leased. No word on terms, but other recent deals there have reached $70 a square foot.

Silverstein Properties honcho Jeremy I. Moss said, “With this building nearing full occupancy, potential tenants are now looking to 4 World Trade Center, which will open in just two years.”
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Old August 23rd, 2011, 11:34 PM   #2125
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That's really good news
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Old August 24th, 2011, 12:02 AM   #2126
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How? It doesn't affect the construction of any of the towers on the actual site.
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Old August 24th, 2011, 12:17 AM   #2127
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Actualy it does. With less free space being available at 7WTC companies will have to look more at 1WTC and 4WTC possibly at 2WTC and 3WTC too.
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Old August 24th, 2011, 01:04 AM   #2128
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It is good news. Is it fantastically wonderful news that will ensure the success of the entire site no question forever? Of course not. Doesn't mean it isn't good news.
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Old August 24th, 2011, 02:29 AM   #2129
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Any lease signing in the WTC is very good news. If we're going to see tower 3 and 2 built, then towers 1 and 4 need to fill up first. Both of those towers have over 2 million sq ft of space still available. And across the street, half of the WFC will be available once BoA/Merrill Lynch leaves in 2013.

I mentioned in the 2WTC thread there is a little known clause that would allow a portion of NYC's leased space in T4 to transfer T3. NYC may move up to 150,000 sq ft (out of its total 588,000 sq ft lease)to T3. Therefore Silverstein will only be required to secure a 250,000 square foot anchor tenant in order to kick in the public financing for T3. But that potion of NYC's lease isn't going to move to T3 without additional tenants first in T4.
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Old August 25th, 2011, 08:05 AM   #2130
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Guys, calm down whether this is good or great news, please.
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Old August 25th, 2011, 08:47 PM   #2131
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Does anyone have the percentages of Towers 4 and 1 that are already leased or have tenants lined up?

This is important as it drives the construction time tables for towers 2 and 3 which of course impact how the entire WTC site looks.

I hope they fill up fast so there are no delays but the softening economy is scaring me.

On another note, I bet they are spending today and tomorrow preparing for the possible hurricane rather than doing new work. Sadly, another couple of days lost. Oh well, lets just hope the site gets made safe and no damage is done and no one gets hurt.
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Old August 25th, 2011, 09:39 PM   #2132
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Quote:
Originally Posted by 600West218 View Post
Does anyone have the percentages of Towers 4 and 1 that are already leased or have tenants lined up?

This is important as it drives the construction time tables for towers 2 and 3 which of course impact how the entire WTC site looks.

I hope they fill up fast so there are no delays but the softening economy is scaring me.
1WTC:

Floors 64-69: China Center (Vantone Industrial) 190,810 sq ft
Floors 20-41: CondeNast 1,008,012 sq ft + 30,000 useable sq ft on first floor lobby and below grade space for storage, messenger service, etc.

The federal government GSA was reportedly going to lease as much as 645,000 sq ft, but it now looks like it will only lease about 300,000. NY State was also going to be a tenant, but that has been cancelled.

So right now about 1.5 million of 2.6m is leased, ~58%.

4WTC:
(new floor numbering)
Floors 16-30: Port Authority 600,766 sq ft
Floors 31-43: New York City 581,642 sq ft

So 4WTC has 1.181m out of 2.288m sq ft leased, ~52%.

7WTC has 1.5m out of 1.7m sq ft leased, ~88%.
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Old August 25th, 2011, 10:06 PM   #2133
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Thanks for the stats!!

They have some work to do before they are in a position to proceed with towers 2 and 3.
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Old August 25th, 2011, 10:42 PM   #2134
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So 1WTC has 2.6 m sqf and 4WTC has 2.288 m sqf of office space. Looks like some floors for public use and the concrete base really take up quite some space
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Old August 26th, 2011, 12:36 AM   #2135
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Quote:
Originally Posted by Kanto View Post
So 1WTC has 2.6 m sqf and 4WTC has 2.288 m sqf of office space. Looks like some floors for public use and the concrete base really take up quite some space
4WTC floor plates are larger. Its lower floors are 44,000 sq ft and the upper trapezoid floors are 33,000.

1WTC starts at 40,000 sq ft and slowly shrink to ~21,000 sq ft IIRC.
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Old August 26th, 2011, 02:14 AM   #2136
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^Your numbers are a bit off.
1WTC starts off at ~42,025 sqft (205x205)
4WTC has a floorplate of 37,200 (200x185) before the setback without taking into account the corner notches. The notches would remove something like 550 sqft per floor, give or take 25sqft. I'm not going to do the geometry to figure that out.

The problem with the figures on wtc.com, or the 1WTC stats from the PANY site is that individual floors are given as Gross Square Feet (GSF) which includes the actual occupied space (RSF, or rentable square feet) plus that floor's share of the mechanical spaces. What probably confused Kanto is the fact that 1WTC and 4WTC contain things other than offices. The RSF figures for 1WTC don't include the tourist spaces or broadcasting facilities, which take up 5 full floors combined. Likewise, 4WTC has a retail component that 1WTC doesn't. In terms of total (gross) square feet, 1WTC is roughly 3.2 million GSF, making it the 2nd largest office building in New York after the 3.5Msqft 55 Water St roughly a half mile away. Of which is the 2.6M RSF of space my fellow James Bond fan cited. 4WTC is ~2.6M GSF, with 2.3M RSF of office space and 140K RSF of above grade retail space.

By comparison, One Liberty Plaza across the street is 2.5M GSF with floor plates that are roughly 43,000sqft (251x171).
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Last edited by STR; August 26th, 2011 at 02:33 AM.
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Old August 26th, 2011, 05:52 AM   #2137
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Quote:
Originally Posted by spectre000 View Post
1WTC:

Floors 64-69: China Center (Vantone Industrial) 190,810 sq ft
Floors 20-41: CondeNast 1,008,012 sq ft + 30,000 useable sq ft on first floor lobby and below grade space for storage, messenger service, etc.

The federal government GSA was reportedly going to lease as much as 645,000 sq ft, but it now looks like it will only lease about 300,000. NY State was also going to be a tenant, but that has been cancelled.

So right now about 1.5 million of 2.6m is leased, ~58%.

4WTC:
(new floor numbering)
Floors 16-30: Port Authority 600,766 sq ft
Floors 31-43: New York City 581,642 sq ft

So 4WTC has 1.181m out of 2.288m sq ft leased, ~52%.

7WTC has 1.5m out of 1.7m sq ft leased, ~88%.
Thanks for your time spectre! Great to put these stats in perspective.
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Old August 26th, 2011, 07:07 AM   #2138
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Quote:
4WTC has a floorplate of 37,200 (200x185) before the setback without taking into account the corner notches. The notches would remove something like 550 sqft per floor, give or take 25sqft. I'm not going to do the geometry to figure that out.
So 37,200 is the rentable square footage of the floors? And the 44,000 figure is Gross?

Last edited by spectre000; August 26th, 2011 at 07:17 AM.
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Old August 26th, 2011, 07:31 AM   #2139
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Pretty much. There certainly isn't 44,000sqft in a 200x185 square. I mistated a bit earlier though. RSF is usually synonymous with GSF, but the Port Authority and Silverstein Properties seem to make a distinction. RSF/GSF includes the tenant space (which is also called NSF, net square feet, or USF, usable square feet) plus a proportional share of the office mechanical spaces. If you're leasing at 4WTC, you're paying for 1sqft of your own space, and roughly 0.18sqft of common areas like hallways, bathrooms elevator shafts (yes, the voids in the floor count) as well as mechanical floors and the main lobby. 0.18 is what's called the loss factor.

So the most correct answer is 37,200 is the USF, but it would be quite a bit less than that once you take out the space taken up by the core.

Interesting link: GSF listings for 1WTC. Note the listing of the 20th floor as 48,093sqft, which is equivalent to a square 219 feet per side. 1WTC is confirmed to be only 205 feet to the outside of the glass panes.
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Last edited by STR; August 26th, 2011 at 07:57 AM.
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Old August 26th, 2011, 12:16 PM   #2140
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I thank you folks for all the answers
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