The Real Deal New York

Posts Tagged ‘world trade center’

  • Port Authority commissioner resigns

    April 15, 2014 11:41AM
    A revamped World Trade Center and Anthony Sartor (inset)

    A revamped World Trade Center and Anthony Sartor (inset)

    Anthony Sartor, commissioner of the Port Authority of New York and New Jersey, resigned Monday amid investigations following the George Washington Bridge closure scandal. [more]

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  • From left: Larry Silverstein and Ground Zero

    From left: Larry Silverstein and Ground Zero

    The head of a citizen watchdog group filed suit to uncover documents spelling out how much World Trade Center developer Silverstein Properties has invested in the site’s rebuilding. [more]

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  • From left: Chris Ward, Patricl Foye and Chris Christie

    From left: Chris Ward, Patricl Foye and Chris Christie

    Current and former leaders of the Port Authority of New York and New Jersey didn’t show much enthusiasm this week for Governor of New Jersey Chris Christie’s suggestion that the agency be split between states. [more]

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  • Model of the proposed WTC Arts Center

    Model of the proposed WTC Arts Center

    The planned performing-arts center at the World Trade Center in Lower Manhattan faces stiff competition for funds.

    A pet project of Mayor Bloomberg, who appointed the first members of the managing non-profit’s board in 2011, the $469 million project now sits in limbo while Mayor Bill de Blasio comes to a decision about the future of the planned center. [more]

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  • From left: Rendering of new PATH station and interior of the station

    From left: Rendering of new PATH station and interior of the station

    A section of the new PATH train station beneath the World Trade Center, open to the public for less than a week, is already under fire for its design. [more]

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  • From left: NYPD Commissioner Bill Bratton

    From left: NYPD Commissioner Bill Bratton

    Dialogue about the direction of security plans for the World Trade Center area appears to be opening up, as the New York City Police Department’s new commissioner Bill Bratton takes a different tack than his predecessor. [more]

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  • Judge tosses suit over WTC security

    February 07, 2014 10:45AM
    One World Trade Center

    One World Trade Center

    The city’s plans to implement a series of restrictions around the World Trade Center complex were upheld by a Manhattan judge Thursday, despite Downtown residents’ complaints that the move would create an environment of “fortresslike isolation.”

    The New York Police Department plans to close the streets in and around the building complex to normal through traffic. Vehicles would only be allowed access to the complex after a screening, the NYPD has said. [more]

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  • WTC fence to come down after 13 years

    January 27, 2014 08:38AM
    The fence at the World Trade Center site

    The fence at the World Trade Center site

    A fence that has cordoned off the World Trade Center site from the rest of Downtown for the past 13 years is set to come down – at least partially – in 2014. The move will allow visitors to the 9/11 Memorial to move freely between the memorial and the neighborhood, according to Joe Daniels, president of the National September 11 Memorial & Museum. [more]

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  • wtc-security

    One World Trade Center rendering and security outside 9/11 Memorial

    A group of Lower Manhattan residents have alleged they are prisoners among the extensive security implemented around the World Trade Center site.

    A lawsuit filed today in the Manhattan state Supreme Court accuses the property’s operator, the Port Authority of New York and New Jersey, as well as the city and the New York Police Department of going too far with its $40 million security operation. The NYPD’s post-construction plan for the 16-acre site — which houses multiple office towers and the 9/11 memorial — calls for guard booths, fencing, checkpoints and gates that has made it challenging for residents and tourists to navigate the neighborhood, the suit said. [more]

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  • Bedford-Union Armory

    Bedford-Union Armory

    From the December issue: In this month’s roundup of government-related real estate news, TRD zooms over to the Bedford-Union Armory in Crown Heights, which the city Economic Development Corporation is soliciting proposals to turn the empty space into a community center. Over in Manhattan, we check in on the newly opened West Concourse at the World Trade Center Transportation Hub, which cost $225 million to build. Click here to see these items and more.

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  • A rendering of the World Trade Center retail space

    A rendering of the World Trade Center retail space

    Australian mall giant the Westfield Group will pay the Port Authority of New York and New Jersey $800 million for the remaining 50 percent interest in the forthcoming World Trade Center retail complex, the Port Authority said yesterday.

    Westfield had paid $600 million for a 50 percent stake in the 365,000-square-foot space two years ago, and the new deal values the total space at north of $4,000 per square foot, a record for Lower Manhattan. [more]

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  • World Trade Center site

    World Trade Center site

    The Port Authority and New York City Police Department are locked in a game of one-upmanship at Ground Zero, duking it out for jurisdiction over security at the site. [more]

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  • From left: Santiago

    From left: Santiago Calatrava, former Church of St. Nicholas at 155 Cedar Street and Andrew Cuomo

    The Greek Archdiocese of New York wants to rebuild a new and larger Church of St. Nicholas at 130 Liberty Street, but has encountered difficulties with the land lease for the Financial District property and may be delayed until 2016. [more]

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  • From left: Guy Tozzoli, Eric Schneiderman and the Twin Towers

    From left: Guy Tozzoli, Eric Schneiderman and the Twin Towers

    A 1986 deal in which late Port Authority of New York and New Jersey executive Guy Tozzoli and his group, the World Trade Center Association, purchased the World Trade Center’s naming rights for just $10 is the subject of a new probe by State Attorney General Eric Schneiderman. [more]

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