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Old January 19th, 2016, 09:31 PM   #5541
Brooklyn Rising
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Originally Posted by cyril sneer View Post
This is good news in my opinion. If even Foster's design does not come back surely no new design can be as bad as the BIG design. It raises the prospects of a new tower taking 20 years after 9/11 to be built though. They may aswell get the design right in my opinion. This new tower will make or break WTC development for me. So far apart from WTC1 the development has been fair/poor in my opinion. London is building better towers than what we have seen at WTC.
I didn't find BIG's to be bad. I was just happy that it looked like something was going to be built and now we have to wait again for possibly years.
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Old January 20th, 2016, 12:02 AM   #5542
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Old January 20th, 2016, 08:53 AM   #5543
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I guess the decision of News Corp and 21st Century Fox not to move to 2 World Trade Center must have put the Bjarke Ingels design for the tower in danger of being scrapped. I guess they must have gave in to the negative criticism toward the tower's new design.

The height alone makes a tower like this a prominent part of the Lower Manhattan skyline, and if the Norman Foster design were brought back, I can say that they didn't want to risk ruining the Lower Manhattan skyline forever with the Bjarke Ingels Group design. Plus, if the WTC site had been "solidified as a nexus for media and creative businesses", then that would have meant turning the new WTC into a second Times Square, IMO. And besides, I would hate for any other tenant to occupy 2WTC if the BIG design were constructed anyway.
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Old January 20th, 2016, 12:06 PM   #5544
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I don't think their decision was based on the backlash. I don't even think that they value the opinion of others...because you know...bureaucracy.
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Old January 20th, 2016, 06:45 PM   #5545
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I guess the decision of News Corp and 21st Century Fox not to move to 2 World Trade Center must have put the Bjarke Ingels design for the tower in danger of being scrapped. I guess they must have gave in to the negative criticism toward the tower's new design.

The height alone makes a tower like this a prominent part of the Lower Manhattan skyline, and if the Norman Foster design were brought back, I can say that they didn't want to risk ruining the Lower Manhattan skyline forever with the Bjarke Ingels Group design. Plus, if the WTC site had been "solidified as a nexus for media and creative businesses", then that would have meant turning the new WTC into a second Times Square, IMO. And besides, I would hate for any other tenant to occupy 2WTC if the BIG design were constructed anyway.
I don't Fox cared one bit about that. It all comes down to money: their current landlord gave them a big discount on the extension to remain in their current location - which they happily took as it also saved the cost (and disruption) of moving.

Moving to WTC#2 may even have been a bluff on their part to get better leverage in the negotiations for an extension with their current landlord. At any rate they were clever enough to sign only a non-binding letter of intent with Silverstein and leave that door open...
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Old January 20th, 2016, 10:45 PM   #5546
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Wait, so this Bjarf design might be scrapped?
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Old January 20th, 2016, 11:17 PM   #5547
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Wait, so this Bjarf design might be scrapped?
That seems to be the most plausible scenario at this time. Considering the fact that BIG only redesigned 2 WTC for News Corp/Fox and now they backed out, Silverstein will likely revive plans for Foster's tower instead since the foundation for that design is already in place, thus construction could proceed almost immediately if they could find a bank or major financial firm to anchor it.

Obviously, I'm merely speculating as is anyone else regarding the murky future of 2 WTC but I can honestly see them taking that route as it would be more cost efficient and much less time consuming.
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Old January 21st, 2016, 12:18 AM   #5548
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Wait, so this Bjarf design might be scrapped?
Consider it gone
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Old January 21st, 2016, 04:30 AM   #5549
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Wait, so this Bjarf design might be scrapped?
I've looked everywhere and literally no where does it say that they scrapped the design. If they released a statement saying were no longer considering BIG's design then I'll say ok.
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Old January 21st, 2016, 04:41 AM   #5550
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Foster come back pls
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Old January 21st, 2016, 05:07 AM   #5551
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Good. Now build a twin.
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Old January 21st, 2016, 09:06 AM   #5552
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Get real people, Silverstein's not gonna shell out the big bucks and waste even more time by ripping up the current foundation for a design that isn't even relevant anymore. He won't necessarily revert to Foster's design, but he certainly won't be keeping BIG's current one.
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Old January 21st, 2016, 03:52 PM   #5553
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...What a mess!!..Sounds like a Mickey Mouse story!
Seems just incredible that,with such an experience,Silverstein was fooled by Murdoch;he looks really ridiculous and i guess will never revert to the original design.
I would be delighted to hear some comment from Douglas Durst....
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Old January 21st, 2016, 11:33 PM   #5554
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I know it will never happen,but it looks sooo beautiful.
[IMG][/IMG]
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Old January 22nd, 2016, 12:37 AM   #5555
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Murdoch snub exposes Silverstein’s 2 WTC dilemma

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Planned skyscraper in uphill battle to land anchor tenant
January 21, 2016 04:15PM

Right about now, Larry Silverstein must be feeling the anxiety of a debutante at cotillion.

One by one, potential leasing suitors for his planned 2 World Trade Center have stepped forward, only to pick someone else. Skadden Arps? Though the law firm issued a request for proposals to Silverstein Properties, it ended up signing at Brookfield’s Manhattan West. Time Inc.? Moved in 2 WTC’s direction only to pick nearby Brookfield Place. But the snub that hurt the most was News Corp. and 21st Century Fox.

Rupert Murdoch’s media conglomerate signed a non-binding letter of intent for a 1.3 million square-foot lease to anchor 2 WTC, only to back out last week and instead stay at its existing homes, 1185 and 1211 Sixth Avenue. The setback exposes some of the challenges Silverstein Properties faces in its search for an anchor tenant – which it likely needs to secure construction financing and start work at the 2.8 million-square-foot tower.

The cost conundrum

In a memo sent to employees last week, News Corp.’s management wrote that it concluded “given the scale of investment in a relocation of this size, that our resources would be better directed elsewhere.”

This gets to the heart of Silverstein’s problem. For a prospective tenant, moving to 2 WTC requires a major capital expenditure to uproot an entire company and build out the new space. But many public companies are now less willing to spend that kind of money than they were just half a year ago, according to Greg Kraut, a principal at Avison Young. The reason: increased pressure from shareholders to keep down costs amid an unstable economic environment.

“The stock markets are really unstable,” Kraut said. “We’re a real global economy now, so you know a lot of people watch the stock market and people don’t want to hear companies putting up a lot of money for capital expenditures.”


Since 21st Century Fox signed the letter of intent last summer, its stock has taken a beating amid broader fears over the health of the cable television industry.

Kraut cautioned that this reluctance to spend big on new digs could be short-lived, as it often has been in the past. But for now, he said, Silverstein’s best bet may be landing a large private company such as a law firm or to become “creative” in helping a tenant finance its move.

Silverstein appears to have tried the latter in its move to land Murdoch as a tenant. In December, the Port Authority of New York and New Jersey, which owns the land under 2 WTC, approved $9 million in subsidies to finance News Corp. and Fox’s move. This cash gift reportedly came on top of $19 million in subsidies from Silverstein and a $15 million tax credit from Empire State Development, but evidently still wasn’t enough to offset the cost of moving.

The company declined to comment for this article beyond a statement issued by Larry Silverstein last week after news of the Murdoch snub broke: “Make no mistake: It won’t be long before we find a great company to anchor 2 World Trade Center. Downtown’s momentum is palpable and unstoppable.”

[...]
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Old January 22nd, 2016, 01:17 AM   #5556
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A law firm like Skadden Arps would definitely be a good fit for Foster's WTC. Hell, 3 WTC was also designed for financial and law firms but managed to get a media company to anchor it so I can see media and creative firms with much fewer design requirements eyeing the Foster design as well.
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Old January 22nd, 2016, 04:31 PM   #5557
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My render if they bring back the Foster + Partners plan back

This is not your rendering. You pasted a blurry version of the performing arts center into the official rendering of the complex, stop crediting yourself for something you didn't do.
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Old January 22nd, 2016, 04:33 PM   #5558
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I know it will never happen,but it looks sooo beautiful.
[IMG][/IMG]

Looks like crap. One WTC doesn't work as twins.
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Old January 22nd, 2016, 07:02 PM   #5559
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The design of this tower is going to be based on the tenant's needs/wants. Let's pray they go with the Foster design.
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Old January 22nd, 2016, 09:17 PM   #5560
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Originally Posted by generalscarr View Post
This is not your rendering. You pasted a blurry version of the performing arts center into the official rendering of the complex, stop crediting yourself for something you didn't do.
It's my edit
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200 greenwich st., 2wtc, foster and partners, lower manhattan, new york, nyc, silverstein, supertall, world trade center

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