NEW YORK | 200 Greenwich - 2 WTC | 1,270 FT | 80 FLOORS | ON HOLD

[NYguy]

https://www.businessinsider.nl/what-...g-to-build-it/

What office meltdown? Developers see a shortage of high-end space and are rushing to build it.
-Much of the office market may be mired in a downturn, but demand has been strong for high-end space.
-New office construction has dropped off sharply, leading to a potential upcoming shortage.
-Major developers and tenants have taken notice, and projects are revving up to break ground.


Daniel Geiger
10 03 2024

In Lower Manhattan, Larry Silverstein hinted that he is close to moving ahead with plans to erect the final office skyscraper at the World Trade Center, a 2.8 million-square-foot tower designed by architect Norman Foster.

Rumors abound that Silverstein is close to signing a large lease with American Express that would allow the project to proceed.

"Just stay tuned" was all Silverstein would say about the possible deal at the tower, 2 World Trade Center.

Silverstein said he was certain other tenants would fill up the remainder of the building's available space once construction is underway.

"When you put everything this buildings has all together, it's superior," Silverstein said. "It never left my mind that someday we would succeed in accomplishing Tower 2 – and that's where we are today."

Manhattan is particularly conducive to new construction in that it has both a large captive audience of corporate office users and a deep inventory of old, outdated office properties that have fallen out of favor.

[The_Dutchman]

Hope we're getting some updates about the negiotiations soon.

Even if the market is in favor of developments like 2WTC so to speak, I still think this is a now or never for 2WTC.

[ChiND]

Could you imagine if work is progressing on 2 WTC, 175 Park, and 350 Park simultaneously?

[mrnyc]

yes, this is happening everywhere now that the rates have dropped -- of course 2wtc is quite a big ask, but maybe!

[Magnitudes]

I'm sharing the latest video I uploaded to YouTube, and I wanted to ask you something. I feel like doing a more or less in-depth analysis of one of these three buildings: Aqua Tower (Chicago), Singer Building, or Via 57 West. If you had to choose one, which would you like the most?

• Video Link

[TK2001]

From the new book
2 World Trade Center by Philly SkyGuy, on Flickr

[NYguy]

^ I like the lighting on that crown.

[ChiND]

Not to sound like ,

but I’m dubious that Larry will close the deal with AMEX.

[Zapatan]

Originally Posted by ChiND

I’m dubious that Larry will close the deal with AMEX.

Same, although he's doing everything in his power to make this happen because if he doesn't he probably never sees this tower.

We'll hopefully know more very soon.