The Real Deal New York

WTC awaits Merrill’s next move

May 27, 2008 08:44AM

The deadline for building towers 3 and 4 at the World Trade
Center
has been pushed
back a few months so that developer Larry Silverstein can try to land Merrill
Lynch. But the firm has been battered by the subprime crisis and might not be
able to afford buying or leasing the 2.5-million-square-foot Tower 3. Merrill
is also working with Brookfield Properties on extending its lease at the World Financial
Center
form 2013 to 2018.

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