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Old March 6th, 2010, 12:16 AM   #201
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The whole Freedom Tower/ new WTC project has been a big mess from the start.
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Old March 6th, 2010, 03:29 AM   #202
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Instead of insisting that Larry Silverstein stump up $625 million of his own money to help finace WTC2 and 3, they are now asking only $300 million. Far more than Silverstein's initial $50 million personal investment but close enough that Silverstein says he will study the proposal and see if he can meet it. Assuming he can, the Port Authority might be able to swing a note and get the last two towers underway.
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Old March 6th, 2010, 11:10 PM   #203
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Quote:
Originally Posted by Bonngo View Post
http://online.wsj.com/article/SB1000...NewsCollection

Come on Bloomberg, stop teasing us!
Perhaps he's reading this topic too.
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Old March 7th, 2010, 04:12 AM   #204
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It should be similar design as 1 WTC that is currently under construction but without a spire
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Old March 7th, 2010, 08:22 PM   #205
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2WTC will be built in 10 years at this pace !
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Old March 13th, 2010, 07:38 PM   #206
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God, I hope they won't end up getting rid of 2WTC...to me Foster's tower is way prettier than 3WTC, I love its design & I don't want it to get modified or worse, cancelled...NO WAY!!!

I'm not into 3WTC as far as I'm concerned, they should dump it and ask for a new project instead.

The whole WTC development CANNOT do without 2WTC, it's been entirely part of it from day 1 and MUST be built!
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Old March 26th, 2010, 12:48 AM   #207
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DEAL NEAR!

http://gothamist.com/2010/03/25/port...n_agree_to.php

Last edited by desertpunk; March 26th, 2010 at 03:51 AM.
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Old March 26th, 2010, 01:19 AM   #208
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Well, sort of... but good to see a resolution. This means the Calatrava hub shouldn't require any redesign either.

From wtcprogress.com, JOINT STATEMENT ON WORLD TRADE CENTER DEVELOPMENT PLAN
Date: Mar 25, 2010


"Tower 2: The Tower 2 site would be built to at least street level under a plan to be jointly developed by the Port Authority and Silverstein Properties. This plan would preserve flexibility for the future development of the office tower driven by market demand."
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Old March 26th, 2010, 03:54 AM   #209
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Quote:
Originally Posted by spectre000 View Post
Well, sort of... but good to see a resolution. This means the Calatrava hub shouldn't require any redesign either.

From wtcprogress.com, JOINT STATEMENT ON WORLD TRADE CENTER DEVELOPMENT PLAN
Date: Mar 25, 2010


"Tower 2: The Tower 2 site would be built to at least street level under a plan to be jointly developed by the Port Authority and Silverstein Properties. This plan would preserve flexibility for the future development of the office tower driven by market demand."
Yeah, I changed my post. It looks like Silverstein may indeed shelve Tower 2 while going forward on WTC3. They might even fill the hole in while they wait for conditions to change. Either way, getting a deal finished with the Port Authority will pave the way for work to proceed as the economy improves instead of being on that calendar of endless bickering.
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Old March 26th, 2010, 05:44 AM   #210
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I don't understand why people keep saying Silverstein will scrap Tower 2. The infrastructure will be built up to street level, and a few years down the line when loans and tenants return, they can finish it.
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Old March 26th, 2010, 06:52 AM   #211
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It's a good sign that the PA and Silverstein Prop have agreed to build the below grade works to the original specs. That lessens the chance of a redesign or abandoning it altogether.

But I'm skeptical of them actually finishing it this decade. Unless the economy really takes off and vacancies tighten up. There is a lot of space available in the other WTC towers to fill before 2WTC is warranted.
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Old March 26th, 2010, 06:53 PM   #212
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so be it. our only hope is that the US- economy will recover sooner than later (yes, a chinese wants that , for the sake of skyscrapers!). 2TWC is still my favourite tower, it would be a huge loss for NYC if they don't build it.
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Old March 27th, 2010, 03:46 PM   #213
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Here is an important quote from THE ARCHITECTS NEWSPAPER originally posted by HK999.

Janno Lieber, President of World Trade Center Properties for Silverstein, said he expects the private sector will respond favorably to this support, and the building will be completed by 2015, two years after Fumihiko Maki’s Tower 4 and SOM's Tower 1 (aka the Freedom Tower). “We’re going to let the marketplace decide that, but I think there is demand,” he said.

Should the project not find funding, Silverstein will still be required to complete the tower up through the first few floors, which will house much of the utilities for the PATH station. The timeline for Tower 2 has been pushed back indefinitely, though the developer is now required to at least complete it up through the ground level.

One area that was not on the table during the cost-cutting phases was the architecture. Asked whether Silverstein had considered pairing back the designs to save money, as has happened on projects like the Atlantic Yards arena, Leiber said no. “The Richard Rogers tower for Tower 3 is the building we’re going to execute,” Lieber said. “And when we get to Tower 2, it is are expectation that that will still be the work of Norman Foster.”


Here is the Link:

http://www.archpaper.com/e-board_rev.asp?News_ID=4371

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Old March 28th, 2010, 09:49 AM   #214
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Quote:
Originally Posted by anarchojoseph View Post
Everything in NYC is a big mess. Remember when they were building the stadiums? I'd say this will get done in over a decade's time.
since I live here I can tell you it is not and what studiums are you referring to? Don't speak for NYC the progress over the pass 6 years speaks for itself
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Old April 1st, 2010, 12:21 PM   #215
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Quote:
Originally Posted by anarchojoseph View Post
Everything in NYC is a big mess. Remember when they were building the stadiums? I'd say this will get done in over a decade's time.
You have obviously never been to NYC
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Old April 1st, 2010, 01:51 PM   #216
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Quote:
Originally Posted by HK999 View Post
so be it. our only hope is that the US- economy will recover sooner than later (yes, a chinese wants that , for the sake of skyscrapers!). 2TWC is still my favourite tower, it would be a huge loss for NYC if they don't build it.
Yes I agree it would. Though lower Manhatten is great, there are too many stumpy, fat skyscrapers there. It really needs some tall skinny ones like WTC 2 with some 'soar' factor to balance things out.
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Old April 2nd, 2010, 04:59 PM   #217
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Quote:
Originally Posted by The seventh shape View Post
Yes I agree it would. Though lower Manhatten is great, there are too many stumpy, fat skyscrapers there. It really needs some tall skinny ones like WTC 2 with some 'soar' factor to balance things out.
Agree, the skyline would look better with a few "spikes" up
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Old April 8th, 2010, 03:38 PM   #218
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Here are some encouraging words:

Silverstein's president of World Trade Center properties Janno Lieber adds that there are a number of other reasons why developers are bullish on Downtown. For one, he points out that despite a soured economy, Downtown has the lowest vacancy of any commercial business district in the nation. The national average is 16.3 percent. The vacancy rate in Midtown is currently 10.5 percent.

The neighborhood also benefits from a wide variety of stock. Over 65 percent of Manhattan뭩 office stock is 50 years old or more. And, since downtown was the principal business district in Manhattan until the years of the Great Depression, its stock of older buildings is disproportionately higher.

And as a result of 9/11, the area lost 14 million square feet of class A office space. The new office space that is being built and the vintage buildings in the area serve different markets. As Leiber says, 밅ompanies that are willing to relocate into a 60- or 70-year-old building are not the same firms that will sign a lease at the new World Trade Center site.


From:http://www.portfolio.com/business-ne...hits-the-skids

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Old April 9th, 2010, 06:25 AM   #219
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Eventually all four towers will be built. Here's a nice video of the site:

http://www.wtc.com/media/videos/Comp...on%20Animation
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Old April 9th, 2010, 04:25 PM   #220
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Well WTC 1 and 4 will be finished long before 2 and 3, sadly, but hey, look at the bright side, WTC1 and 4 will be kind of "Twins" as long as the other towers aren't rising
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