The Freedom Tower

Any past controversy or speculation over the significance of the Freedom Tower or whether it would attract tenants may have to take a back seat to reality.
Lower Manhattan is the fastest, revitalized neighborhood in New York City. Rents are up and vacancies are down. This boosts any prospects that the four office towers at ground zero, including the Freedom Tower will be fully occupied when it is completed.
The Port Authority of New York and New Jersey told USAToday it has talked to investors who want to buy into the (Freedom Tower) building.
“A building that only a year ago people were describing as everything from a high risk to a white elephant is now being viewed as a valuable property,” says Anthony Shorris, Port Authority executive director. No deals have been struck, he says.
“Office rents in lower Manhattan returned to pre-9/11 levels for the first time during the first quarter of 2007, according to a report from real estate agency Cushman & Wakefield. The newspaper says the vacancy rate for prime office space in the neighborhood fell to 6.3% for the first three months of the year from 12.5% in the first quarter of 2006.
This means space is rapidly disappearing so any vacancies will be seen as prime real estate, the view most people have of any real estate in New York that is vacant. Some things never change.