Silverstein Properties
250 Greenwich Street
New York, NY 10007
212.490.0666
Website
Larry Silverstein is the president and CEO of Silverstein Properties and one of New Yorks most prominent developers and landlords.
Though his firm owns and manages more than 35 million square feet of office, residential and retail spaceand has as much as $10 billion worth of development activity in the pipelineits name has become almost synonymous with the redevelopment of the World Trade Center site.
Silversteins association with the site began in July 2001, when he completed what was then the largest real estate deal in New York historya 99-year lease on the 10.6 million-square-foot Twin Towers for $3.25 billion. The towers were destroyed six weeks later in the September 11 terrorist attacks.
His firm rebuilt 7 World Trade Center across from the site of the Twin Towers by 2006. The 1.7 million-square-foot office tower is almost fully leased at some of downtowns highest asking rents. Silverstein is also built another three new World Trade Center towers, along with the Port Authoritys 1 World Trade Center. These three towers are the culmination of lawsuits over insurance tied to the Twin Towers as well as negotiations with the Port Authority over financing. 1 World Trade Center opened in 2014.
Aside from the World Trade Center site, Silverstein has been involved in numerous other high-profile New York projects and properties. These include the Four Seasons hotel and condo planned for 99 Church Street, which at 912 feet would be the citys tallest residential tower; the office buildings 120 Broadway, 120 Wall Street, 529 Fifth Avenue and 570 Seventh Avenue; and the office buildings 575 Lexington Avenue and 1177 Avenue of the Americas, which, together at more than $1 billion, was the last big Manhattan building trade before the Great Recession.
Silverstein is a former chairman of REBNY. He was born in Bedford-Stuyvesant, and attended N.Y.U . and Brooklyn Law, going into real estate with his father Harry and then-brother-in-law Bernard Mendik in the late 1950s. By the 1980s, Silverstein Properties was one of the fastest-growing private landlords in New York.
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250 Greenwich Street, New York, NY, 212.490.0666
250 Greenwich Street, 38th Floor, New York, NY, (212) 490-0666
250 Greenwich Street, 38th Floor, New York, NY, (212) 490-0666
250 Greenwich Street, 38th Floor, New York, NY, (212) 490-0666
250 Greenwich Street, 38th Floor, New York, NY, (212) 490-0666
- Event Office Leasing
- Address 120 Broadway
- Neighborhood Financial District
- Borough Manhattan
- Square feet 79,688
- Publication Date 03/01/2013
- Event Date 01/20/2013
- Party 1 Larry Silverstein
- Party 1 Brokerage In-house
- Party 2 American Arbitration Association
- Party 2 Brokerage JLL
- Party 2 Broker Christopher Kraus, Brian Higgins
- Event Financing
- Building Name River Place II
- Address West 42nd Street and 11th Avenue
- Neighborhood Hell's Kitchen
- Borough Manhattan
- Publication Date 09/01/2007
- Event Date 07/23/2007
- Party 1 Larry Silverstein
- Party 1 Brokerage Cushman & Wakefield
- Party 2 Bank of New York Mellon, Allied Irish Bank
- Event Sales
- Building Name 450 West Broadway and 151, 153, 155, 157 Prince Street
- Address 157 Prince Street
- Neighborhood Soho
- Borough Manhattan
- Price $ 18,000,000
- Publication Date 02/01/2006
- Event Date 12/23/2005
- Party 1 ATJ Properties
- Party 1 Brokerage Itzhaki Properties
- Party 1 Broker Ivan Hakimian
- Party 2 Company controlled by Lloyd Goldman
- Event Sales
- Address 530 Fifth Avenue
- Neighborhood Grand Central
- Borough Manhattan
- Price $ 220,000,000
- Publication Date 03/01/2004
- Event Date 01/21/2004
- Party 1 Larry Silverstein and GE Asset Management
- Party 1 Brokerage Eastdil Secured
- Party 1 Broker Douglas Harmon
- Party 2 Group led by Joseph Moinian

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