The Real Deal New York

This month in real estate history: Large WTC lease booked

A look back at some of New York City’s biggest real estate stories
By Adam Pincus | July 16, 2014 04:30PM

From the July issue: The U.S. Bureau of Customs said it would take 763,500 square feet within the 16-acre World Trade Center development site 49 years ago this month, the largest lease announced to that point.

The pledge was a boost for the controversial office development project in Lower Manhattan led by the Port of New York Authority, as it was then known. Some of Manhattan’s leading landlords, such as Lawrence Wien and Seymour Durst, opposed the project. [more]