by Lionel Bascom — February 21st, 2007 — 1 comment
Talk about selling off development rights to the plots of land at the World Trade Center has touched off a great deal of speculation about who might best do the job.
Today, the New York Sun speculates that filling up the six million square feet of office building space might best be done by JP Morgan Chase.
“That could pit Mr. (Larry) Silverstein, who is developing three of the buildings at ground zero, against the Port Authority, which owns the trade center site, in a race to sign leases for office space with big-ticket firms such as Merrill Lynch, Lehman Brothers, Morgan Stanley, and others,” the Sun says.
But Silverstein says he doesn’t see a problem with any such deal … others quoted by the Sun believe there are more than enough anchor deals and Big Dog tenants to make any developer of these properties, including JP Morgan and Silverstein, players in one of the highest stake real estate markets in the world.
11:32 PM in Uncategorized, World Trade Center, Ground Zero, Related Stories, Freedom Tower News, Politics
So, all this talk of no interest in the new World Trade Center was just that: talk?
This growing interest is quite exciting, attracting the eminent corporations, “anchoring deals” that bring New York City a lovely revitalization, along with a little, healthy competition.
On the horizon, a brilliant hope dawns.
Jeanne · February 22nd, 2007 at 6:36 am