NEW YORK | One World Trade Center | 1,776' Pinnacle / 1,373' Roof | 108 FLOORS - Page 231

Nei!l · #**4601** Posted **Mar 21, 2009, 5:41 PM**

Found the interactive but the article is worrying.

A fraction of the full article from the Wall Street Journal

Quote:

NEW YORK -- The rebuilding of the World Trade Center site, already hobbled by years of delays and infighting, is facing fresh problems as private developer Larry Silverstein asks the government for crucial financial assistance, according to people familiar with the matter.

The result would be that the Port Authority of New York and New Jersey, the government entity that owns the site, would take on more of the risk of the project at a time when the agency already faces budget restraints to pursue its core transportation and infrastructure missions.

The Port Authority, eager to prevent the project from stalling, is considering helping to finance at least one of Mr. Silverstein's planned three office towers, according to people familiar with the matter. Mr. Silverstein is requesting financing help on at least two of the three towers. The Port Authority would require concessions from Mr. Silverstein, including possibly giving up some of upside profits should the towers succeed in the long term.

http://online.wsj.com/article/SB123758929303200145.html

37TimPPG · #**4602** Posted **Mar 21, 2009, 5:54 PM**

Quote:

Originally Posted by Nei!l

Found the interactive but the article is worrying.

A fraction of the full article from the Wall Street Journal

http://online.wsj.com/article/SB123758929303200145.html

Is it me or does it seem like anytime the project takes two steps forward it takes a step back?

It is great to see all the progress being made. I just hope everything gets completed on time??? When the economy turns around there is going to be quite the demand for all this office space being built at Ground Zero

pablosan · #**4603** Posted **Mar 21, 2009, 6:03 PM**

Great updates.

CHAPINM1 · #**4604** Posted **Mar 21, 2009, 10:44 PM**

What is the next to happen, since the north core was the last to jump would this mean that the south core will jump next even though it is considerably ahead of the north core or will their be another lengthy wait followed by another jump on the north core before anything else happens?

NYguy · #**4605** Posted **Mar 21, 2009, 11:34 PM**

Quote:

Originally Posted by J.M.

Now this is what I like to see, its like crane city now

The contruction process seems to have everyones attention but what about after, ex: How Iconic will it be. Id like to hear some thoughts on that.

There's a thread for that...
http://forum.skyscraperpage.com/showthread.php?t=166333

NYguy · #**4606** Posted **Mar 21, 2009, 11:36 PM**

Quote:

Originally Posted by 37TimPPG

Is it me or does it seem like anytime the project takes two steps forward it takes a step back?

That article isn't talking about a step backwards, it's talking about moving forward, which the PA helping Silverstein with financing will do. It's not affecting the Freedom Tower.

NYguy · #**4607** Posted **Mar 21, 2009, 11:51 PM**

A few more from yesterday...

DaltonSR · #**4608** Posted **Mar 22, 2009, 1:06 AM**

Quote:

Originally Posted by 37TimPPG

Is it me or does it seem like anytime the project takes two steps forward it takes a step back?

It is great to see all the progress being made. I just hope everything gets completed on time??? When the economy turns around there is going to be quite the demand for all this office space being built at Ground Zero

Yessir. It's going to be prime real estate.

37TimPPG · #**4609** Posted **Mar 22, 2009, 1:56 AM**

Quote:

Originally Posted by NYguy

That article isn't talking about a step backwards, it's talking about moving forward, which the PA helping Silverstein with financing will do. It's not affecting the Freedom Tower.

Thanks for clarifying that for me. Good to hear it is full steam ahead

Downtown Bolivar · #**4610** Posted **Mar 22, 2009, 3:39 AM**

I'm sure this comment has been made before, the the economic climate that the new WTC finds itself itself in is not too much different than the circumstances at the time of construction of the first WTC. It turned out fine in the end and this will too. This is NY--the city is no stranger to adversity.

mac78130 · #**4611** Posted **Mar 22, 2009, 4:02 AM**

Quote:

Originally Posted by NYguy

Is that the crane for tower 4?

CHAPINM1 · #**4612** Posted **Mar 22, 2009, 4:04 AM**

Quote:

Originally Posted by mac78130

Is that the crane for tower 4?

Yes it sure is!!!

NYguy · #**4613** Posted **Mar 22, 2009, 12:07 PM**

Quote:

Originally Posted by Downtown Bolivar

This is NY--the city is no stranger to adversity.

Everyone seems to forget that, as if there are no more tomorrows.

NYguy · #**4614** Posted **Mar 22, 2009, 1:07 PM**

mattnchi

Puzzlecraft · #**4615** Posted **Mar 22, 2009, 4:51 PM**

I found some pictures I took in the ground zero area on September 29, 2002, the last time I've visited NYC! I was there for a puzzle cutter's parley and managed to get to ground zero for some pictures. Thanks to this forum I can figure out where most of the pictures were taken from.

Apathanoia · #**4616** Posted **Mar 24, 2009, 12:13 AM**

Quote:

Originally Posted by 37TimPPG

Is it me or does it seem like anytime the project takes two steps forward it takes a step back?

It is great to see all the progress being made. I just hope everything gets completed on time??? When the economy turns around there is going to be quite the demand for all this office space being built at Ground Zero

Somehow, I don't know if this huge demand will exist.
Nor do I know if the ecomomy will recover anytime soon...

Anyway, why would there be a huge demand during the recovery if there was virtually no demand prior to the "Great Recession"? Besides, won't there be more vacant space to deal with due to companies going under and laying off employees?

Second, is there any idea of what the final security plan is like? I remember the old Fort WTC article that regards the plan as outdated. If that is outdated, then what is the plan today? How can a plan be created that allows decent access through and around the new WTC without making it vulnerable to car bombs? The end result just might have to be a superblock even bigger than the original WTC's...or the other option would be to shorten buildings 2, 3, and 4.
In addition, would such a security plan scare away tenants? They might think it's just not worth the hassles. And like my sig says, how much would the security plan cost annually?

NYguy · #**4617** Posted **Mar 24, 2009, 12:18 AM**

Quote:

Originally Posted by Apathanoia

Somehow, I don't know if this huge demand will exist.
Nor do I know if the ecomomy will recover anytime soon...

I guess it's a good thing none of this office WTC space will become available for another 4-6 years. The Freedom Tower itself has about half of its space to rent until then.

NYguy · #**4618** Posted **Mar 24, 2009, 12:21 AM**

mrichman

uaarkson · #**4619** Posted **Mar 24, 2009, 1:19 AM**

nvm

Duffstuff129 · #**4620** Posted **Mar 24, 2009, 1:55 AM**

Quote:

Originally Posted by Apathanoia

Anyway, why would there be a huge demand during the recovery if there was virtually no demand prior to the "Great Recession"? Besides, won't there be more vacant space to deal with due to companies going under and laying off employees?

There will be plenty of vacant, old space, but the new towers will have glass curtain walls and tons of natural light. That is the kind of environment people want to work in.

There will probably be plenty of old space, but take into account this:
This is 40 Wall Street:

This is 7WTC:

http://www.wtc.com/media/images/d/6_01_7WTCEventSpace.JPG

Click that.

Where do you want to work? The oppressive, white walled, tiny-windowed, ancient relic, or the new, airy, light, and high celinged building?

Also, the WTC is offering a discount for tenants of something like $5 per square foot.

Needless to say, this is very attractive office space.

Quote:

They might think it's just not worth the hassles. And like my sig says, how much would the security plan cost annually?

Despite what many people think, tons of people are dying to get into the WTC towers specifically to show the terrorist "HAHA, nice try." In fact some study by the guys who proposed the Twin Towers II found that there are enough people willing to work on the top few floors of the WTC to fill up 20-30 whole buildings.

Many people have accepted the fact that these towers will get attacked, just as the workers in the OWTC did after 1992.

People are willing to take that risk to prove a point.

Hell, I still dream about having the top office of 1, 2, or 3 WTC.