The Freedom Tower

SEVEN WORLD TRADE CENTER

What goes around, comes around. Last summer a rather big deal lease prloposal with a Chinese company to occupy space at the Freedom Tower soured, then fell through. Well, it seems the deals back on the table. If the new deal takes rooot, Beijing Vantone Real Estate would be the first private tenant to sign a long term lease to move into the Freedom Tower. Six months ago, the company lost a bid to obtain space in the recently completed 7 World Trade Center, according to the New York Post. Woed downtown is that the company is looking to lease one million square feet of space in the Freedom Tower.
The company is reportedly talking to the Port Authority now but the PA isn’ty talking. Vantone had tried to lease the top five floors of 7 World Trade Center but World Trade Center developer Larry Silverstein pulled out of the deal because financing fell apart.,” the post said.
This is good news for the PA if the firm comes through with the money and enough financing because the only other tenants so far are state and federal agencies.