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Study: World Trade Center Finished, Occupied In 2037
By
Jen Chung
Published Apr 16, 2009
Modified Apr 16, 2009
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By
Jen Chung
Published Apr 16, 2009
Modified Apr 16, 2009
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Patience is a necessary virtue when it comes to the World Trade Center site: According to the Daily News, a new study says "the World Trade Center won't be fully rebuilt and occupied until 2037 - a full 36 years after terrorists reduced it to rubble." The Port Authority commissioned the study from Cushman & Wakefield, which also predicts: 1) "Freedom Tower, won't be filled with tenants until 2019"; 2) it may take "12 years to fully lease [Larry] Silverstein's Tower 2" which might be "finished in 2014, but it won't be filled until 2026"; and 3) that Tower 3 construction won't start until 2026 with completion in 2030 and "full leasing in 2037." The Port Authority has control of Freedom Tower, while the three other towers at the site are being developed by Silverstein; Silverstein's company told the News, "The Port Authority's position seems to be based on a totally pessimistic attitude about New York's economic future. Our view is that New York will bounce back strongly over the next five years while we are building these buildings." Well, we can't wait until the Port Authority next timeline—see this one from last October for fun.
Tagged
larry silverstein
port authority
world trade center
World Trade Center Forever
Jen Chung
Jen Chung is a former WNYC and Gothamist editor.
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Gothamist is funded by sponsors and member donations
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