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Old August 18th, 2011, 09:45 PM   #1281
Kanto
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From what I know in december it'll only reach ground level
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Old August 18th, 2011, 10:33 PM   #1282
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I think we'll see the ground/street level formed before December. The plan at this moment is to build some temporary above grade mechanical structures (for the WTC Hub), entrances to the lower Hub and retail areas, and likely some sort of protective/architectural wall.

The PA capped 2WTC's below grade structure's budget at $200 million. Anything above grade beyond the current plan is Silverstein's responsibility. He's focusing all his money on 3WTC and 4WTC right now.
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Old August 18th, 2011, 11:53 PM   #1283
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From what I know in december it'll only reach ground level
i think they reach only 100feet but not street level, its not so diffcult to build like wtc1
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Old August 18th, 2011, 11:56 PM   #1284
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Well, I dunno, from what I heared building underground levels is far tougher than building aboveground levels
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Old August 18th, 2011, 11:59 PM   #1285
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^Obviously. The underground work is what supports most of the tower. Also consider that there will be retail space underground in and near the tower, so they will have to make it work with the rest of the area around it for the mall space.
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Old August 19th, 2011, 12:02 AM   #1286
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is that right that they are working now about one year on this tower?

i think they made the fundament in this year and those floors now are over the fundament but under the street level
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Old August 20th, 2011, 08:48 PM   #1287
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World Trade Center Site as of Aug 2011 by msnyc111, on Flickr

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World Trade Center Site as of Aug 2011 by msnyc111, on Flickr
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Old August 21st, 2011, 01:52 AM   #1288
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Finally a different angle, thanks!
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Old August 21st, 2011, 02:36 AM   #1289
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Finally a different angle, thanks!
So different in fact that I didn't know what it was for a second XD
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Old August 21st, 2011, 03:26 PM   #1290
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August 20th, Potapsco, Skyscraperpage..

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Old August 21st, 2011, 06:44 PM   #1291
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Awesome to see a formwork up now for the B1 level. This is moving quickly.
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Old August 22nd, 2011, 02:02 AM   #1292
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One thing that keeps coming back to me. What will happen once this tower will reach the grade? This is very soon as far as I can see it. According to the agreement unless there is a tenant for these towers they will not be built higher than the grade. Any news about that?
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Old August 22nd, 2011, 02:18 AM   #1293
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WTC 2 goes to grade.. Three goes to the 6th floor.
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Old August 22nd, 2011, 03:36 AM   #1294
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One thing that keeps coming back to me. What will happen once this tower will reach the grade? This is very soon as far as I can see it. According to the agreement unless there is a tenant for these towers they will not be built higher than the grade. Any news about that?
The street level floor will come soon enough. But keep in mind they're only building walls and floors right now. In essence the shell. There is a lot to build out in those levels. Above ground, there will be temporary mechanical structures built that'll be used by the transportation hub in the meantime.

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WTC 2 goes to grade.. Three goes to the 6th floor.
The PA has said seven floors. Though it depends a little how you count floors. The ceiling/roof of the sixth floor is the "seventh" floor. If no tenant is lined up the podium will be capped off. But a decision on that won't be made NET (no earlier than) November '13 (or twelve months before the anticipated opening of the transportation hub. The 4th and 5th floors of T3's podium contains mechanical equipment for the Hub and VSC roadway network. The 3rd floor contains the SWOCC (Site Wide Operations Control Center), whatever the heck that is. Read it in the PA's meeting minutes.
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Old August 22nd, 2011, 04:02 AM   #1295
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Quote:
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The street level floor will come soon enough. But keep in mind they're only building walls and floors right now. In essence the shell. There is a lot to build out in those levels. Above ground, there will be temporary mechanical structures built that'll be used by the transportation hub in the meantime.



The PA has said seven floors. Though it depends a little how you count floors. The ceiling/roof of the sixth floor is the "seventh" floor. If no tenant is lined up the podium will be capped off. But a decision on that won't be made NET (no earlier than) November '13 (or twelve months before the anticipated opening of the transportation hub. The 4th and 5th floors of T3's podium contains mechanical equipment for the Hub and VSC roadway network. The 3rd floor contains the SWOCC (Site Wide Operations Control Center), whatever the heck that is. Read it in the PA's meeting minutes.
well so all in all we are looking at another long lull in any construction unless Larry Silverstein will find tenants and 300 million $. Because tower 2 will reach the street level within a month. tower 3 will get to 7th floor I'd say 3 months. Even with a lot of internal work that is going to be done there these 2 towers will be virtually on hold until better times.


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On March 25, 2010, the Port Authority released plans to build Two and Three World Trade Center to street level. The transit and retail podium at the 175 Greenwich Street site would be constructed immediately, the construction of the tower will start while Silverstein Properties raises $300 million of private equity, leases out at least 400,000 square feet (37,000 m2) of the tower, and obtains financing for the remaining cost of the tower

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2WTC foundation work began on June 1, 2010 and should last until late 2011.[9]. As of August 2011, the sub-grade structural steel erection has begun along with two active cranes active on site. 2WTC is expected to be complete to street level by the end of 2011. [10] As of 17th August 2011, Two World Trade Center has reached street level with the first of the tower's steel beams have now finished being installed into the tower's foundations. Preparations are being made to install the second of the tower's steel beams into the foundations this should be happening in the September - October 2011 to early 2012.
http://en.wikipedia.org/wiki/Two_World_Trade_Center

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As of 9th August, 2011, Three World Trade Center work is continuing with installing the first of the tower's foundations. This should be completed by the last quarter of 2011. Concrete is being poured below grade for the foundation. The building should be street level by late 2011 or early 2012 depending on progress. As of 17th August 2011, Three World Trade Center has reached floor ground level with the first of the tower's foundations being installed this should be completed by the last quarter of 2011.
http://en.wikipedia.org/wiki/Three_World_Trade_Center
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Old August 22nd, 2011, 04:03 AM   #1296
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Read it in the PA's meeting minutes.
WOW! I've been researching and have read almost all aviable (as of June 2011) documents released by the PA but I've ignored those meeting board minutes... they're a bunch! Worth starting to read...
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Old August 22nd, 2011, 04:12 AM   #1297
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well so all in all we are looking at another long lull in any construction unless Larry Silverstein will find tenants and 300 million $. Because tower 2 will reach the street level within a month. tower 3 will get to 7th floor I'd say 3 months. Even with a lot of internal work that is going to be done there these 2 towers will be virtually on hold until better times.
Another interesting tidbit is there is a clause that would allow some of NYC's lease in 4WTC to transfer to 3WTC. Up to 150,000 sq ft of NYC 588k lease can move to Tower 3. That means Silverstein could secure the public funding for T3 with an anchor tenant of 250,000 sq ft instead of 400,000. But the fine print on that is a bit murky. NYC's lease is below market rents. I want to say somewhere around mid $50's a sq ft. The lease in T3 must be $60 or higher. So I imagine the anchor tenant would have to pay more than $60 to make up for NYC's lower rent. Plus T4 would probably have to secure some small leases as well to make up for NYC's lease to move to T3.... and so on and so on...

The $300 million isn't a big problem. ~$250 million will be coming from his Liberty Bonds.

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WOW! I've been researching and have read almost all aviable (as of June 2011) documents released by the PA but I've ignored those meeting board minutes... they're a bunch! Worth starting to read...
Hell yes!! They're far more informative too than the quarterly reports the PA releases.
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Old August 22nd, 2011, 05:12 AM   #1298
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Another interesting tidbit is there is a clause that would allow some of NYC's lease in 4WTC to transfer to 3WTC. Up to 150,000 sq ft of NYC 588k lease can move to Tower 3. That means Silverstein could secure the public funding for T3 with an anchor tenant of 250,000 sq ft instead of 400,000. But the fine print on that is a bit murky. NYC's lease is below market rents. I want to say somewhere around mid $50's a sq ft. The lease in T3 must be $60 or higher. So I imagine the anchor tenant would have to pay more than $60 to make up for NYC's lower rent. Plus T4 would probably have to secure some small leases as well to make up for NYC's lease to move to T3.... and so on and so on...

The $300 million isn't a big problem. ~$250 million will be coming from his Liberty Bonds.



Hell yes!! They're far more informative too than the quarterly reports the PA releases.
LOL I am glad that he at least has some options, but me and you we both know that this is really stretching all this way to thin. Unless we see some really big tenant nothing will be secure.

Also don't forget that he is 80 (!!!) years old and not in a perfect health. Any variations with him in terms of possible ownership can sink all this deal pretty deep. We are in uncharted waters right now and my worries unfortunately have a lot of fuel.
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Old August 22nd, 2011, 12:47 PM   #1299
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Has Larry already got any tenants secured for his towers?
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Old August 22nd, 2011, 01:58 PM   #1300
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