As the nation pauses today to remember Sept. 11, 2001, the neighborhood surrounding a new World Trade Center is undergoing a whirlwind of change on the real estate front. Big deals, a residential boom and new office tenants streaming (or, in some cases, trickling) into gleaming new towers atop the original World Trade Center site are but the tip of the iceberg for the area’s most recent happenings.
Here is a roundup of The Real Deal’s latest on the World Trade Center development and the surrounding Financial District’s real estate scene:
1. Port Authority votes to free up $159M for Silverstein’s 3 WTC
2. World Trade Center’s retail line-up revealed
3. Durst, Port Authority to cut office rents at 1 WTC
4. Financial District residential boom in full swing, data show
5. Kushner, CIM received $200M offer for 2 Rector Street
6. Normandy in talks to buy former AMEX HQ
7. Another win for Brookfield Place as Bank of NY Mellon signs on
8. Time Inc. to get three-year pass on rent at Brookfield Place
9. MediaMath inks 15-year lease as 4 WTC’s first private sector tenant
10. Dispute keeps WTC Tower 5 development in limbo
— Julie Strickland