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Old March 19th, 2013, 02:38 PM   #2381
Vertical_Gotham
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Downtown Rising: Once Down, Leasing Up Again in Lower Manhattan Offices :

http://commercialobserver.com/2013/0...attan-offices/

-- Mr. Silverstein said that 4 World Trade Center, scheduled to open this year, is about 50 percent leased and that he is negotiating deals that will be sufficient to trigger financing for the completion of towers 2 and 3 under an agreement with the Port Authority of New York and New Jersey.

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Old March 20th, 2013, 11:48 PM   #2382
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Great news! I hope both towers get build immediately.
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Old March 21st, 2013, 12:08 AM   #2383
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SO do I, but only in case there are enough tenants. Nobody is helped with 2 empty towers.
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Old March 21st, 2013, 06:10 PM   #2384
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From above:


Downtown Rising: Once Down, Leasing Up Again in Lower Manhattan Offices

Quote:
After Hurricane Sandy wreaked havoc on lower Manhattan, owners doubled down with multimillion-dollar infrastructure investments. In the first three months of 2013, 10 major tenants have responded with renewed confidence and—even better—signed leasing agreements. The story so far.


By Stephen Kleege 3/19 7:00am

After the storm, things are looking brighter for the lower Manhattan real estate market.

Even with construction scaffolds clogging the district’s narrow streets in a reminder of Hurricane Sandy’s devastation, Downtown office leasing activity jumped 73 percent in the first two months of the year, according to Cushman & Wakefield.

The firm’s data shows a spike in larger transactions, with leases on spaces 50,000 square feet or larger increasing to seven, from two a year earlier. That’s a sign that the market has “momentum,” just when as much as five million square feet of World Trade Center space is about to added to the inventory, said Jonathan Mazur, C&W’s director of research.

Technology-oriented companies such as GFK Market Research and WeWork are moving into the area south of Canal Street as rents rise and vacancies dwindle in Midtown South, the city’s burgeoning tech center. Brokers say the newcomers, led by bigger creative companies like Condé Nast and HarperCollins, are attracted not only by cheaper rents but also by the convenience and excitement that will come with the opening of the transportation hub, restaurants and retail outlets at the new World Trade Center. Developer Larry Silverstein, president and chief executive officer of Silverstein Properties, predicted that the project will have a “far greater” impact than Rockefeller Center had on Midtown in the 1930s.

The Durst Organization, which oversees the construction, leasing and management of 1 World Trade Center, and Silverstein, which controls four other towers in the complex, report strong interest from prospective tenants touring their properties, as does Brookfield Office Properties, currently the biggest Downtown landlord. Mr. Silverstein said that 4 World Trade Center, scheduled to open this year, is about 50 percent leased and that he is negotiating deals that will be sufficient to trigger financing for the completion of towers 2 and 3 under an agreement with the Port Authority of New York and New Jersey.

“As the economy has gotten stronger, we’ve had a steady stream since [the] first of the year,” Robert Becker, Durst’s senior leasing manager, said of the groups checking out 1 World Trade Center, which is 55 percent leased and scheduled to open next year. “We’re very happy,” he said. “We’re expecting to have a busy 2013.”

[...]
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Old March 21st, 2013, 06:19 PM   #2385
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Steelwork at 3WTC March 11


http://www.modernsteel.com/SteelInTheNews/?p=2147
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Old March 21st, 2013, 07:45 PM   #2386
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image hosted on flickr

http://www.flickr.com/photos/isriya/...7633032993995/
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Old March 21st, 2013, 08:26 PM   #2387
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^ is that the level its going to be topped off as of now?
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Old March 21st, 2013, 08:28 PM   #2388
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Quote:
Originally Posted by Vertical_Gotham View Post
^ is that the level its going to topped off as of now?
Yes, but Silverstein has till late next year before the building has to be capped.
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Old March 21st, 2013, 08:35 PM   #2389
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Thanks. There is plenty of time to secure a anchor tenent before they put a cap on top of it then. Hopefully we hear some good news for this tower soon.
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Old March 24th, 2013, 02:58 PM   #2390
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Great!!! go up this tower!!!
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Old March 29th, 2013, 03:00 AM   #2391
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someone on ssp said
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Originally Posted by kpdrummer82 View Post
GREAT NEWS. I heard from an official at the WTC site today that tower 3 has the green light and is Under Construction, the anchor tenant was leased and construction has already began. I'll have a couple of pictures in a few minutes from my trip today.
i wont believe it until an official source says it but just putting this out there cause you never know
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Old March 29th, 2013, 10:52 AM   #2392
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Ditto. I won't get my hopes up until an offical statement from the PA/Silverstein is released.
Please be true!!!!!
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Old March 29th, 2013, 01:37 PM   #2393
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Quote:
Originally Posted by Vertical_Gotham View Post
Thanks. There is plenty of time to secure a anchor tenent before they put a cap on top of it then. Hopefully we hear some good news for this tower soon.
Larry is desperate to get his first tenant and will give WPP and/or W&C a massive deal. In my opinion, Silverstein should lease all of the WTC towers at cost given their symbolism.
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Old March 29th, 2013, 02:52 PM   #2394
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Wouldn't be surprising. We've heard for months Silverstein was "closer than anyone realized" to signing an anchor tenant for this tower. Let's hope its finally true.
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Old March 29th, 2013, 03:23 PM   #2395
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Come on Larry, give us some good news!
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Old March 29th, 2013, 06:24 PM   #2396
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I've been away from the forum, so I'd like to ask if there are any news? How close are we to see some signed deals?
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Old March 29th, 2013, 06:32 PM   #2397
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By the latest rumors, closer than Donald Trump to his toupee. Let's hope it's true.
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Old March 29th, 2013, 11:31 PM   #2398
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i told myself i wasnt gonna get excited but i already have butterflies in my stomach just thinking of seeing this one in the skyline.
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Old March 29th, 2013, 11:36 PM   #2399
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is there only one rendering of the new design? ive only ever seen 1
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Old March 29th, 2013, 11:46 PM   #2400
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Quote:
Originally Posted by 1Filipe1 View Post
is there only one rendering of the new design? ive only ever seen 1
here's a few by dbox



[IMG]http://oi47.************/eg3k8.jpg[/IMG]
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