Wednesday, January 25, 2012

3 WTC may not rise that high

From the Daily News:

A soaring skyscraper planned for the World Trade Center site may shrink to a measley seven stories.

Developer Larry Silverstein’s 3 World Trade Center office tower was supposed to rise to 80 stories — but he’s planning to turn the tower into a teeny low-rise if he can’t find a big-time tenant, Crain’s New York reported.

The building is under construction and was supposed to be done by 2015, but Silverstein has had no luck landing a major company to fill the office space — and tweaks have already been made to allow the tower to be capped by the end of the year at less than a tenth of its intended size.

The stunted tower would be filled up with retail stores, according to Crain’s.

New Yorkers around the site Sunday said it would be an embarrassment if the site couldn’t support a building of suitable stature.


Anonymous said...

A big shame. Biggest profile construction project in the nation and it will sit 'unfinished' for years/decades to come.

Anonymous said...

He wants to build the shortest building that meets his contractual obligation to build. The financial industry jobs that have left the city are never, ever coming back and there's no private sector industry to replace them.