NYU eyes Ground Zero for expansion

The Deutsche Bank building site at Ground Zero

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The latest target in New York University’s 20-year, 6 million-square-foot expansion plan is Lower Manhattan — specifically, Tower 5 at the rebuilt World Trade Center, according to the Post. The 1.3 million-square-foot building is planned for the site of the former Deutsche Bank building, which is still in the process of being demolished. The Port Authority hasn’t yet found a developer for the project; it’s seeking someone to build either an office tower or a hotel and housing high-rise. Last week, NYU Vice President Lynne Brown wrote to the Port Authority and the Lower Manhattan Development Corp. asking for a meeting to discuss which sites might be available, citing Tower 5 as a space community officials have suggested as a potential university outpost. NYU officials are already targeting Downtown Brooklyn, a First Avenue corridor near the university’s medical center and Governors Island as possible areas for the expansion. [Post]

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