The unfinished business of 2 World Trade Center

Silverstein Properties' redevelopment of the World Trade Center site has been by and large a success story. Yes, the Lower Manhattan office market is struggling in the wake of the pandemic, but in the past two decades the developer has still managed to transform a desolate location of almost unfathomable heartbreak into a campus of well-regarded skyscrapers hosting many blue-chip tenants.The glaring missing piece in this is 2 World Trade Center, the final office tower in the complex that Silverstein Properties has yet to begin construction on after multiple false starts. The developer will not begin work on the project until it secures an anchor tenant, and although it has gotten close to doing so several times, it has yet to close a deal.Sources familiar with the site pointed to multiple reasons why erecting this particular tower has been such a challenge, including the current state of the city's office market, the relative lack of subsidies for its construction and the massive size of the project. Company Chairman Larry Silverstein also detailed a few of the setbacks in his recent book on the topic. The sheer amount of hurdles can sometimes make the project seem cursed, but Lynne Sagalyn, a Columbia Business School professor and author of the book Power at Ground Zero, said it has merely been the victim of a tough market."I don't think it's a jinxed site," she said. "Silverstein as a company is well established and knows how to run these kinds of buildings, knows how... Continue reading at 'Crains New York'

[ Crains New York | 2024-10-17 09:48:11 UTC ]
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Other news stories related to: "The unfinished business of 2 World Trade Center"


The unfinished business of 2 World Trade Center

Silverstein Properties' redevelopment of the World Trade Center site has been by and large a success story. Yes, the Lower Manhattan office market is struggling in the wake of the pandemic, but in the past two decades the developer has still managed to transform a desolate location of almost... Continue reading at Crains New York

[ Crains New York | 2024-10-17 09:48:11 UTC ]
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Newly Published, From the World Trade Center to a Cheeto-Loving Crow

A selection of books published this week; plus, a peek at what our colleagues around the newsroom are reading. Continue reading at The New York Times

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Conde Nast’s New Address Will Be 1 World Trade Center

A decade after New York City sustained one of the largest terrorist attacks in recent American history on September 11, 2001, Conde Nast has decided to move its head quarters, 18 magazine titles and 5,000 employees to 1 World Trade Center. Continue reading at Folio Magazine

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Winter Institute 2024: Keynote Speakers Share Business World Wisdom

Private equity investor James Rhee, author of 'Red Helicopter,' suggested ways to amplify a bookstore or brand’s intangible qualities, and conflict resolution specialist William Ury, author of 'Possible,' advised booksellers on how to deal with people's differences "constructively." Continue reading at Publishers Weekly

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Rights Edition: Discussion, Meetings in Nairobi’s New Trading Center

The inaugural rights center at Nairobi International Book Fair featured B2B meetings and an issue-driven panel discussion. The post Rights Edition: Discussion, Meetings in Nairobi’s New Trading Center appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-11-17 19:53:37 UTC ]
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Putting the Asian Experience of World War II at Center Stage: A Reading List of Essential Books

Almost eight decades after the end of World War II, that conflict continues to define political discourse throughout the Western world. Still, for American, British, French, and Canadian readers, the war overwhelmingly means the European theater, with the Asia-Pacific campaigns against Imperial... Continue reading at Literrary Hub

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Rights Edition: Bologna Opens Its Agents’ Center to Adult Trade

Bologna Children's Book Fair at 60 makes a major rights-trading change, opening its Agents' Center to adult as well as children's content. The post Rights Edition: Bologna Opens Its Agents’ Center to Adult Trade appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

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Unfinished business in Belarus

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Panel Mania: Blade Runner 2019: Off World Vol. 2 by Michael Green, Mike Johnson, and Andres Guinaldo

In this 10-page excerpt from 'Blade Runner 2019: Off World Vol. 2' by Michael Green, Mike Johnson, and Andres Guinaldo, the graphic novel sequel to Ridley Scott’s acclaimed 1982 dystopian sci-fi film, Blade Runner Ash Ashina has been tracked down by another ruthless Blade Runner looking for a... Continue reading at Publishers Weekly

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Collins' Beyond Entrepreneurship 2 goes to Random House Business

American writer and consultant Jim Collins, author of Good to Great, is releasing an "ambitious upgrade" of his first book, Beyond Entrepreneurship: Turning Your Business into an Enduring Great Company, previously unpublished in the UK. Continue reading at The Bookseller

[ The Bookseller | 2020-08-19 15:02:55 UTC ]
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Trade shows try adapting to a world of virtual meetings

The New York Comic Con has become a certifiable blockbuster show, with more than 200,000 tickets sold. The event is centered in the Javits Center but also includes Madison Square Garden and the... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2020-04-21 18:29:44 UTC ]
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UNESCO Goes Over Sharjah World Book Capital Plans; 2021 Applications Deadline is May 2

In a working session in Paris, final programming plans have been introduced for the coming UNESCO World Book Capital events, after Sharjah's Sheikh Al Qasimi launches English translations in London. The post UNESCO Goes Over Sharjah World Book Capital Plans; 2021 Applications Deadline is May 2... Continue reading at Publishing Perspectives

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The Bookseller calls on trade to back business rates petition

The Bookseller is calling on readers, authors, agents, publishers and the general public to sign a petition urging the government to give bookshops the same business rate discount as pubs. Continue reading at The Bookseller

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Trade asked for evidence so UK can retain 'world-leading' publishing sector

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Frankfurt Book Fair: Booming Business for Trade Visitors, Reflections of German Politics Play Out

Publishers and agents report positive meetings and rights sales, and Frankfurt responds to political disputes by reaffirming its commitment to freedom of expression. The post Frankfurt Book Fair: Booming Business for Trade Visitors, Reflections of German Politics Play Out appeared first on... Continue reading at Publishing Perspectives

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Rights Watch: Rio’s Biennial Book Fair Prepares Its Agents & Business Center

The year so far shows 'modest growth' in Brazil's beleaguered market, says Marcos da Veiga Pereira ahead of Rio's book biennial and rights trading program. The post Rights Watch: Rio’s Biennial Book Fair Prepares Its Agents & Business Center appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-08-24 00:00:00 UTC ]
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Chart hat-trick for The World's Worst Children 2

David Walliams’ second short story collection The World’s Worst Children 2 (HarperCollins Children's) has held on to the UK Official Top 50 number one spot for a third week running. Continue reading at The Bookseller

[ The Bookseller | 2017-06-14 00:00:00 UTC ]
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The World's Worst Children 2 does the double

David Walliams has held off a challenge by Joe Wicks for the UK Official Top 50 number one spot, with The World’s Worst Children 2 (HarperCollins Children's) rocketing by 19% in volume to claim the top spot for a second week. Continue reading at The Bookseller

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Weekend at the Trade Show: BookCon Busies Up the BookExpo Floor in New York City

Amid cheers for YouTube stars and TV producers, BookCon 2017 pulls a big crowd and gets free books into eager hands, the follow to ReedPOP's BookExpo. The post Weekend at the Trade Show: BookCon Busies Up the BookExpo Floor in New York City appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

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The World's Worst Children 2 straight in at number one

David Walliams' The World's Worst Children 2 (HarperCollins Children's) has rocketed into the UK Official Top 50 number one spot, shifting 58,481 copies for £423,282. Continue reading at The Bookseller

[ The Bookseller | 2017-06-01 00:00:00 UTC ]
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