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The Port Authority, Silverstein Properties, and the Lower Manhattan Development Corporation (LMDC) have overseen the reconstruction of the site as part of the new World Trade Center, following a master plan by Studio Daniel Libeskind. [3] Developer Larry Silverstein holds the lease to retail and office space in four of the site's buildings. [4]
Larry A. Silverstein (born May 30, 1931) is an American billionaire businessman. [1] Among his real estate projects, he is the developer of the rebuilt World Trade Center complex in Lower Manhattan , New York City , as well as one of New York's tallest residential towers at 30 Park Place , where he owns a home. [ 2 ]
After the September 11 attacks in 2001, several ideas about building new twin towers were discussed online and in the media. [10] After the Lower Manhattan Development Corporation (LMDC) launched the World Trade Center Site Memorial Competition in 2002, seven architectural groups were commissioned by the organization to create a proposal to restore the Manhattan skyline.
Twenty-two years after 9/11 — and after battles with Pataki, Bloomberg and Port Authority — Larry Silverstein is closing in on the prize that long eluded him: Two World Trade Center.
Libeskind's original proposal, titled Memory Foundations, underwent extensive revisions during collaboration with Larry Silverstein as well as from Skidmore, Owings & Merrill, whom Silverstein hired. [55] [56] The plan was anchored by the 1,776-foot (541 m) One World Trade Center and featured a memorial and a number of other office towers.
Larry Silverstein had leased the original World Trade Center from the PANYNJ on July 24, 2001. [12] His company Silverstein Properties continued to pay rent on the site even after the September 11 attacks. [13] In the months following the attacks, architects and urban planning experts held meetings and forums to discuss ideas for rebuilding the ...
In February 2010, Silverstein proposed constructing 3 WTC and delaying plans for 2 WTC, a move that was expected to save $262 million in the short term. [82] The next month, the PANYNJ and the city and state governments of New York agreed to fund $600 million for 3 WTC's construction after Silverstein had found tenants for at least 40,000 ...
Thompson Academy, the facility for boys, was one of YSI’s most troubled institutions until it closed last year as part of what the state called its “Long Range Program Plan” to phase out larger juvenile facilities. It was also one of the most profitable. With 154 beds, the contract was worth $13 million.