Posted Feb 9, 2011, 3:00 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 57,021
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http://www.globest.com/news/1847_1847/asia/306859-1.html
Durst To Pitch Trade Center to China Execs
By Robert Carr
February 9, 2011
Quote:
A partner in the One World Trade Center office tower project in New York City plans to pitch space availability at a business conference here. Douglas Durst, president of the Durst Organization, will speak to Chinese executives at the Yabuli International Convention Center on Feb. 13.
The building is to include three million square feet, and will be the Western Hemisphere’s tallest building at 1,776 feet high. Now under construction, the building is expected to be complete by 2013. The Port Authority of New York and New Jersey is developing the tower, and Durst is finishing a deal to be an equity partner.
A Chinese firm, Vantone Industrial, was the first company to sign a lease at the tower, taking 190,810 square feet in 2009. The company was also responsible for setting up Durst’s presentation, of which Durst said in a statement, “I am fully confident that this incomparable property will capture the imagination of the Chinese business elite.”
A Durst spokesman tells GlobeSt.com that like the former World Trade Center buildings, this new tower will be a global attraction for business. “We expect a high percentage of international users,” the spokesman said.
Cushman and Wakefield is the leasing agent for the building, Tara Stacom with the company said in a statement that leasing is off to a fast pace, with letters of intent for more than one million square feet. The Durst spokesman says negotiations include bringing in Conde Nast for one million square feet, and talks with the General Services Administration for another 500,000 square feet.
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Wish we could see the presentation...
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