The Real Deal New York

Durst, PA plan broadcast antenna for 1 WTC

March 06, 2012 08:30AM

Thomas Bow, senior vice president at Durst Organization, and 1 WTC

There’s a new plan for the 480-foot 1 World Trade Center spire that could lure more tenants at the expense of the architect’s vision for the final structure. The Wall Street Journal reported the Durst Organization has gotten the Port Authority of New York & New Jersey on board to install a radio and television broadcast antenna inside the building’s spire.

“Our expectations would be to become the premiere broadcast facility in New York City,” said Thomas Bow, senior vice president at the Durst Organization. Durst hopes the tower will lure some broadcast tenants away from the Empire State Building, which generated some $16.1 million in rent and usage fees for its antenna in 2010. Durst expects 1 WTC to generate $10 million and will offer the antenna at 4 Times Square as a backup to tenants.

The antenna would be located inside a slimmer, less conical spire than initially planned that would save $20 million but drew criticism from the project’s architects, Skidmore Owings & Merrill. Durst would fund $27 million in infrastructure and buildout costs to help land the tenants. [WSJ]

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