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Quote:

Originally Posted by Zapatan (Post 8314701)

Ah okay, I didn't know that about BIG's design. It does perhaps seem more tenant friendly especially towards the top of the building since it has larger floor plates as opposed to Foster's which gets narrow at that point.

If BIG's is built I hope it's at least tweaked a bit. It's utter garbage as is, and I'm not even that critical and like most buildings.

Larry Silverstein has probably forgotten more about real estate and development than any here will ever know. He's repeatedly said before that Foster's design was "dated" (Of course, that could happen with something that was designed a decade ago. Even 15 Penn was reportedly redesigned). But he's trying to get this tower built, and has also said options were open for the site in regards to Foster's design - as they should be. But I wouldn't count on a particular tenant saying "Hey Larry, whatever happened to that old Foster design?". You can visit any building website, be it office or residential, and they aren't trotting out designs that they don't intend to build. The smart thing to do is go with what you see before you, and everything I see points to BIG's design.

Here's a crazy idea. What about BIG's blocks with the top block having Foster's diamond finish? I know it'd never happen, but it'd be an interesting compromise as those are really the two central elements of both designs.

Could possibly work with the lower portioned block or two kept absolutely square with the subtlest of ascending transitions to the hexagonal dimensions of LNF's baby.
It'd actually turn out rather disjointed precisely because LNF's proposal isn't a box. You'll see what I mean when you look at it and notice that the diamonds aren't flush with one another.

Sunday Morning on CBS aired this great segment yesterday, including an interview with Larry Silverstein, but they didn't mention the tower by name. Interesting piece though.

https://www.cbsnews.com/news/decorat...th-street-art/

It would’ve been nice if Alphabet anchored 2 WTC, but we’re lucky that they’re taking so much space in NYC.

https://nypost.com/2018/10/29/alphab...oot-workplace/

Quote:

It would’ve been nice if Alphabet anchored 2 WTC, but we’re lucky that they’re taking so much space in NYC.

Seriously... but someone please just anchor this building. It's amazing how towers this size can pop up around Manhattan because they all have tenants but one of the biggest landmark sites on the planet can't. Are people still scared after 9/11?

I think further ammunition on the likely hood of the Foster design being a probability. The interview with yimby and silverstien was posted on the 2 wtc site under "news".

Unless I'm reading too much into it, for the question to be posed that foster may happen, and a "yes" answer as a possibility per Larry, depending on the tenant needs, always good.

So have faith is what I say! :cheers:

:fingerscrossed:

Quote:

Originally Posted by chris08876 (Post 8362487)

I think it's a win win, Foster's design is pretty cool looking and I wouldn't mind it at all. But BIG's has grown on me a lot and is massive all the way to the top like the original WTC.

But yea, tenant needed in either case

Quote:

Originally Posted by Zapatan (Post 8362018)

Relax. It's no different than it's always been. I don't know how many times I have to keep repeating this, but Downtown always has and always will take time to absorb as much space as the WTC is putting there. As far as Manhattan goes, you can't simply replace one building with another, one location with another. It's more complicated than that.

Quote:

Originally Posted by NYguy (Post 8362583)

Yes. Downtown will always play second fiddle to Midtown as long as the transportation to midtown remains superior. Downtown has no Amtrak, LIRR, Metro North or any speedy connection to the regions largest international airport (JFK). Midtown has all of it. At best, Downtown has a beautiful PATH/Subway station. Even at that though, the NYC Subway is still better accessed in Midtown Manhattan, and even downtown Brooklyn has better access to transit. This is all about access, land value and tenants value Location Location Location.

From and interview with Larry Silverstein...

https://commercialobserver.com/2018/...y-silverstein/

https://nyocommercialobserver.files....2874.jpg?w=761

BY CATHY CUNNINGHAM
NOVEMBER 28, 2018

Quote:

Larry Silverstein’s name has become synonymous with the rebuilding of the World Trade Center, but the Silverstein Properties chairman has many other projects in the works.

On a particularly rainy day in New York City, Commercial Observer caught up with Silverstein over hot chocolate and freshly-baked cookies (the best this reporter has ever tasted) at his office at 7 World Trade Center.

Quote:

...You recently received the Urban Land Institute’s Visionary Leadership in Land Use award. What does this mean to you, in the context of your work at the World Trade Center?

Is it visionary? I suppose so. Is it an achievement? Sure, I suppose so. Where the hell the time has gone? I don’t quite know. But we’ve spent 17 years since 9/11 rebuilding the Trade Center. I acquired the Twin Towers six weeks before 9/11, and so the circumstance was obliterating from the standpoint of eliminating the buildings we had acquired for $3.2 billion. It changed my life and the direction of my life, because the next 17 years required a hugely intensive focus on anything and everything to do with respect to rebuilding the Trade Center.

Where did you begin?

One of the first things we had to do was to try to recover the multiple billions of dollars that would be needed to rebuild as it turned out that we had to litigate with 22 insurance companies. That ultimately produced court verdicts in our favor and enabled us to collect $4.5 billion, although that turned out to be totally inadequate in terms of rebuilding—but that’s besides the point.

.....now, we’re deeply involved in negotiations for Tower 2 [at 200 Greenwich Street], which will be 2.8 million square feet. End of day, it’s been a labor of love, a major personal commitment to rebuild it and it’s been a fascinating study in human nature.

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Has your World Trade Center vision been realized, so far?

It has been totally realized. We just have to finish Tower 2. And once that’s done then I’ll say, “Ok, I quit. I’m gonna find something else to do with my time.”

Quote:

I understand that you’re a fan of street art and that some of it is finding its way into World Trade Center. How did that come about?

When we finished the original 7 World Trade Center, I realized that I had put too much of the same marble in the lobby of the building and it looked like a mausoleum. I remember saying to myself , “How could I do such a dumb thing?” I called my wife and said, “Sweetheart, come down here and take a look with me.” She came down and said: “Larry, it’s a mausoleum. Maybe you should try finding some contemporary art to change it.” So we starting looking. We found a piece by [abstract expressionist] Al Held, a major artist of that time [the late 1980s], a very graphic and hard-edged piece with lots of color and activity. Then we went out to find another, a piece by Lichtenstein. We proceeded to buy different pieces of art and developed a terrific collection in that lobby. Of course all that was destroyed on 9/11. The good thing is that we weren’t destroyed, but the art was gone.

Quote:

You also allowed artists to paint a floor in Tower 4, too?

We had an empty floor and we let a group of artists go up there and told them: “Paint to your heart’s delight.” And we let them paint the floors, the ceilings, the windows. One day the CEO of Spotify came in and we took him up to that floor and he fell in love with it. He ended up leasing 400,000 square feet of space there. Now we’re thinking about what we’ll do in Towers 3 and 2. We have street art on the containment wall around Tower 2, we gave the artists the opportunity to have exposure there, which is enormously important.

Well good to know he's out there trying everyday, he's not getting any younger.

Are there even any potential tenants in line?

Wouldn't it also technically be finished when Tower 5 is done?

Good to hear some news though...

Quote:

Originally Posted by Zapatan (Post 8394765)

Are there even any potential tenants in line?

I sure hope so. Otherwise, he's beginning to show signs of age...

Quote:

now, we’re deeply involved in negotiations for Tower 2

https://www.instagram.com/p/BqynFG9gJJh/

https://scontent-lhr3-1.cdninstagram...MDQ3MA%3D%3D.2

I can envision Amazon leasing at least 1m sf in this tower.

Quote:

Originally Posted by JMKeynes (Post 8395132)

I can envision Amazon leasing at least 1m sf in this tower.

I thought they're strictly looking at Queens, tho. Is there a possibility they'd consider establishing part of their HQ2NY office in Lower Manhattan?

Quote:

Originally Posted by Jonboy1983 (Post 8395384)

I thought they're strictly looking at Queens, tho. Is there a possibility they'd consider establishing part of their HQ2NY office in Lower Manhattan?

Amazon is flush with cash. Although they're building in Queens, I could see them buying a 1m sf condo in this tower.

Quote:

Originally Posted by JMKeynes (Post 8395447)

Amazon is flush with cash. Although they're building in Queens, I could see them buying a 1m sf condo in this tower.

Granted.

I wonder what New York submitted to Amazon as far as their RFQ package is concerned. I know what Pittsburgh and Philadelphia sent with their respective packages, but not New York...

In any event, I don't think it matters who does what with that building. I would like to see it built. I must say I do favor the Foster design over BIG. Quite frankly, I'd rather see some kind of a twin of One World Trade built there, but I know it's not likely. The Foster design will have to do...

Quote:

Originally Posted by Jonboy1983 (Post 8395384)

I thought they're strictly looking at Queens, tho. Is there a possibility they'd consider establishing part of their HQ2NY office in Lower Manhattan?

No. Their deal with the state is strictly Long Island City.

Hopefully the recent leases at 3 WTC spell some confidence for this tower. Its been in smaller chunks, less than 120k sq-ft per tenant, but I think that might be the strategy at play if 3 WTC is a case study. To not shoot for the big players, but smaller ones until the commitment threshold is made for 2 WTC.

60k, 80k, 70k... start to add up when you talking about commitment. A series of smaller tenants, and the threshold could be made with greater likelihood.

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