Larry Silverstein | The Real Deal New York

The Real Deal New York

trd topics
X


NAME


EMAIL


SUGGESTED
UPDATE


captcha

Please type the words that appear above
Than click SUBMIT
By using this form you agree with the storage and handling of your data by this website.

Larry Silverstein

President and CEO
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.

-TA


05/16/18
...From left: McKinsey CEO Dominic Barton, Larry Silverstein and 3 World Trade Center “Big Three” consulting firm McKinsey & Co. sealed a deal...

05/11/18
...bond issuers like to see." Catsimatidis closely followed Larry Silverstein’s recent path to Tel Aviv. Earlier this month, the developer raised $200 million at...

05/02/18
...Credit: Silverstein Properties) Larry Silverstein...

04/26/18
...because it had leased the buildings to developer Larry Silverstein two months before they were destroyed. Cohen and Jones did not immediately respond to...

04/18/18
...Credit: Silverstein Properties) Larry Silverstein is the latest New York developer to head to the land of milk, honey...

04/17/18
...like 4 WTC? Creating column-free buildings was one of Larry Silverstein’s original directives to the architects, because column-free floor plates allow companies to build...

04/09/18
...of the bid at the eleventh hour, and Larry Silverstein moved in. In 2007, Blackstone Group had a deal in place to purchase Zell’s...

04/09/18
...From left: Charles Kushner, Larry Silverstein, Joseph Chetrit and Steve Roth  (Credit: Getty Images) Passover is when New York real...

04/06/18
...West 66th Street and Larry Silverstein (Credit: Getty Images) Silverstein Properties is in contract to pay more than $1 billion to...

04/04/18
...Ross, Dan Doctoroff, Trump, Bill Rudin, Andrew Heiberger, Larry Silverstein and a slew of other high rollers. Those first issues also laid the groundwork...

04/03/18
...They needed more and ended up at Tower 4," Larry Silverstein told the Post. “The next thing we knew, they were in need of significantly...

...like 4 WTC? Creating column-free buildings was one of Larry Silverstein’s original directives to the architects, because column-free floor plates allow companies to build...

...Ross, Dan Doctoroff, Trump, Bill Rudin, Andrew Heiberger, Larry Silverstein and a slew of other high rollers. Those first issues also laid the groundwork...

03/28/18
...see four states, at least three bridges and Larry Silverstein...

02/27/18
...From top, clockwise: Developer Larry Silverstein, Mort Zuckerman, Jeff Greene, Harry Macklowe and wife Linda, Sheldon Solow, Gwen Stefani, Stephen...

02/14/18
...for the second-annual fundraiser; last year it was Larry Silverstein of Silverstein Properties. Harry and Alex Adjmi, Robert Wolf of Read Property Group, Greystone...

01/30/18
...Deutsche Bank, which last year expressed interest in Larry Silverstein’s 2 World Trade Center, is one, as is Morgan Stanley. But sources said the...

01/29/18
...From left: Larry Silverstein, Adam Neumann,Gary Barnett, Azi Mandel and Tel Aviv (Credit: Getty Images) In 2014, Adam...

01/17/18
From the January issue: The 86-year-old developer on his 12-year-old grandson’s promise to teach him to skateboard from his digs at 30 Park Place to his...

01/17/18
...Larry Silverstein and 1 West End Avenue UPDATED, Jan. 22, 2:51 p.m.: Silverstein Properties and Elad Group scored...

01/17/18
...Real Estate Board of New York gave $25,000, including Larry Silverstein and Daniel Brodsky. Bruce Mosler and Tyler Morse gave $10,000. Members of the Rudin, Resnick...

01/02/18
...to fend off hostile takeovers. His firm represented Larry Silverstein in legal battle with his insurers over claims at the World Trade Center following...

...Deutsche Bank, which last year expressed interest in Larry Silverstein’s 2 World Trade Center, is one, as is Morgan Stanley. But sources said the...

12/29/17
...Estate Weekly, 796 of those units will be affordable. Larry Silverstein and a previous rendering of 520 West 41st Street 5) 520 West 41st Street, Manhattan In August...

12/27/17
...the low $90s per square foot. From left: Larry Silverstein, 4 World Trade Center and Spotify's Daniel Ek 9) Spotify 4 World Trade Center $371.23 million In a...
Silverstein Properties, CEO
250 Greenwich Street, New York, NY, 212.490.0666
Marty Burger became the sole chief executive officer of Silverstein Properties, one of...
Silverstein Properties, Real Estate Salesperson
250 Greenwich Street, 38th Floor, New York, NY, (212) 490-0666
...
Silverstein Properties, Real Estate Salesperson
250 Greenwich Street, 38th Floor, New York, NY, (212) 490-0666
...
Silverstein Properties, Real Estate Salesperson
250 Greenwich Street, 38th Floor, New York, NY, (212) 490-0666
...
Silverstein Properties, Real Estate Salesperson
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
notes
The arbitration enterprise leased space in the building in three separate transactions: two direct leases with the landlord and a sublease from Banco Popular.
  • Event Financing
  • Building Name River Place II
  • Address West 42nd Street and 11th Avenue
  • Neighborhood Hell's Kitchen
  • Borough Manhattan
notes
A $700 million construction loan was arranged for the luxury rental development, which will also include 21,000 square feet of retail and 194 parking spaces. Approximately 20 percent of the units will be affordable. The major portion of the project will be financed with New York State housing bonds. Two 58-story rental buildings, 1,359 units total.
  • Event Sales
  • Address 530 Fifth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Price $ 220,000,000
Sections