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  #101  
Old Posted Sep 11, 2007, 5:13 AM
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The very slight decrease in height willnot hurt the status of this tower. I think it will overall help the look of the entire WTC complex. There was too much of a diiference in the height between WTC#3 and WTC#4.
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  #102  
Old Posted Sep 11, 2007, 10:51 AM
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I like this tower the best of the bunch. It shows that modern architecture can also have detail. And this is one of the few modern towers in the World that shows so much detail architecture. It will make people appreciate modern architecture more, instead of embracing art deco architecture even to this day.
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  #103  
Old Posted Sep 11, 2007, 11:22 AM
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^^ With 8 feet height reduction in WTC3 but 16
and 28 feet feet height increase in WTC2 and 4, it ain't that bad....
But not very good either, they're basically the same height, just a few
feet/inches up or down.
(I'm talking about roof heights) And they made this one officially shorter
than ESB.........

Yeah, this one would be officially shorter than the ESB. But the height
difference isn't really much. And it could change again before this thing is
actually completed. Either way, it's definitely one of the best new towers
rising anywhere...

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  #104  
Old Posted Sep 11, 2007, 12:08 PM
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http://www.nypost.com/seven/09112007...eing_wooed.htm

MERRILL BEING WOOED
CALLING IT A TOSSUP BETWEEN SILVERSTEIN AND BROOKFIELD




September 11, 2007 -- WITH the future of downtown still at a crossroads, the high-stakes decision over where Merrill Lynch will ply its trades for the next 50 years is finally coming to a resolution.

Assembly Speaker Sheldon Silver told us he would be meeting with Merrill execs as early as today to try to act as a facilitator in making a downtown pact.

While he would like to see Merrill in the new World Trade Center site, he would be just as happy if they renewed at the World Financial Center.

Merrill's investment bankers have settled on three possibilities, sources said. They include World Trade Center Tower 3, also known as 175 Greenwich St., being developed by Silverstein Properties; a new tower by Vornado Realty Trust to replace the current Hotel Pennsylvania; or renewing with Brookfield Properties in Merrill's current WFC location in Battery Park City coupled with a new trading pod.

Peter Riguardi, president of Jones Lang LaSalle, who is shepherding their search, said, "We are evaluating all their choices so that they can be in a position to make an educated decision."

Merrill takes up 3 million feet in the WFC including all of WFC4 and part of WFC2 through leases that expire at the end of 2013.

But a renewal is not a simple check mark. That's because Merrill needs better trading floors. A new lease would certainly involve less disruption of its work force.

"What they are talking about now is extending [World Financial Center] Tower 2 so as to construct a new trading floor for Merrill," said James Cavanaugh of the Battery Park City Authority.

The approximately 500,000-foot pod would require BPCA and city approvals, architectural renderings, construction documents and, of course, construction.


Along with trading floors it would likely include more shopping and some elbow room for expansion of Merrill's office space.

Brookfield declined comment, but a downtown source advised that its chairman, John Zuccotti, "can be very persuasive" when it comes to convincing Merrill to stay in its current location.

Brookfield would bend over backwards to keep its giant tenant happy and could do it at a far better number than the other contenders.

At the same time, Merrill would keep its important traders in place with new facilities.

Another critical factor is the continued escalation of construction costs and equipment demands due to worldwide development of towers in places as far flung as Dubai, India, Seoul, Shanghai and Singapore.

For instance, early on Tishman Construction had to pressure the supplier of two giant climbing tower cranes to commit to working on the Freedom Tower rather than sending them elsewhere.

The Port Authority is scheduled to turn over the excavated sites for Towers 3 and 4 to developer Larry Silverstein in January after which it is estimated to take four years to build.

The more complicated Tower 2 site gets turned over in July, and isn't due to open until 2012.

The schedule puts the towers ahead both in cost and construction of Vornado's Hotel Pennsylvania redevelopment plan - especially considering the 21-story hotel across from Madison Square Garden and Penn Station is still open.

What's more, officials like Avi Schick, head of the state-run Lower Manhattan Development Corp., are focused on continued job growth. "We are going to work like heck to make sure Merrill Lynch stays downtown where they belong," he said.

According to Cushman & Wakefield, downtown's asking rents are now $45.66 per foot, the highest ever recorded while Class-A vacancy is 5.7 percent, the lowest since the third quarter of 2001.

WFC rents are averaging $71.34, but only a handful of spaces are available. Silverstein will be asking $100-plus rents for the next generation of towers.

Despite the recent Hermes and Tiffany deals, retailers have been skittish to commit to downtown because they have wanted to see the plans for the WTC site. These, too, are now completed.

Working backwards, Merrill needs at least a year to a year and a half to build its space and move into any new tower.

Vornado would be cutting it close to finish in mid-2011, but if Chairman Steve Roth gets his price quickly, he could pull it off.

Merrill has wanted more control over its space and Silverstein is not as willing as Vornado to work out a deal.


Throw in the tenacity of downtown officials to make them stay and we're handicapping the deal as a tossup between Silverstein and Brookfield.
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  #105  
Old Posted Sep 12, 2007, 11:42 AM
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http://www.observer.com/2007/ground-...tribeca-patina

Ground Zero Is Rebranded With Tribeca Patina
Silverstein Project Gets Greenwich Street Address, As Trade Centers Rise



Larry Silverstein, right, with state Assembly Speaker Sheldon Silver.


by Matthew Schuerman
September 11, 2007

Of all the ideas to come out of the many public-planning meetings held after Sept. 11, none caught on so successfully than the proposal to drive Greenwich Street through the 16 acres of the World Trade Center site. People said the once and future street would restore New York’s famed street grid and make the area friendlier by making it more manageable.

And so, in the next couple of years, after the deep pit known as ground zero gets filled up to ground level with sewers and utilities and subway tunnels, Greenwich Street will run along those four blocks, between Liberty Street and Vesey Street, once again. Its western side will harbor the landscaped waterfalls of the World Trade Center memorial; its eastern flank will house three modern office towers, each designed by a different boldfaced architect.

In fact, it is a mark of just how popular the future street has become that the developer Larry Silverstein, who is building those towers, has given those three buildings Greenwich Street addresses. In his preferred nomenclature, what were heretofore known as Towers 2, 3 and 4 are 200 Greenwich Street, 175 Greenwich Street and 150 Greenwich Street, respectively. According to sources, he has even approached the Manhattan borough president, Scott M. Stringer, to see if it is O.K. to put even-numbered addresses on the eastern side of the street, which is usually where odd numbers go. (Mr. Stringer’s spokesman, Eric Pugatch, said that a formal application will not be made nor reviewed until the buildings are complete.)

This rebranding is not total, nor is it irreversible, and there is some question whether it will catch on. But its advantages are obvious: It distances the new towers from the Sept. 11 attacks and connects them instead to Tribeca and the spiffy neighborhood to the south that is itself being rebranded as “Greenwich South.” Even without the tragic overtones, naming a building after the World Trade Center would conjure up concrete columns rising dizzyingly into the sky. Naming it after Greenwich Street evokes Robert De Niro emerging from the fog on a cobblestone alley, surrounded by red-brick warehouses containing design firms and expensive sushi restaurants.

“What’s happening is that Greenwich Street is emerging as an identifiable corridor for lower Manhattan,” said Janno Lieber, the World Trade Center project manager for Silverstein Properties. “What we’ve got south of the World Trade Center on Greenwich Street has become an interesting residential community with all those conversions going on, and north of us we’ve got Tribeca. It’s happening organically. It’s not a rebranding.”

It is true that Mr. Silverstein is by no means running from the name “World Trade Center.” The promotional Web site for the three buildings is www.wtc.com. Besides, the towers may end up being called something different, especially if a company rents one in its entirety and wants its name on the front stoop. Mr. Silverstein marketed the first tower he rebuilt, just to the north of the World Trade Center footprint, as “7 World Trade Center,” and it is often referred to in the trade simply as “Seven.”

But he has embarked on some double-branding. Midway through the lease-up, Mr. Silverstein started to use the name “250 Greenwich” as an alternative address, and recruited the Zagat Survey company to produce a special guidebook to restaurants, bars and shopping south of Canal Street, which he handed out to prospective tenants.

“From day one, Larry has believed that the World Trade Center name had real value and that some day non-World Trade Center buildings would try to link their identities to the World Trade Center name in the same way that buildings on Sixth Avenue were linked to Rockefeller Center,” said Simon Wasserberger, senior vice president at CB Richard Ellis and the leasing agent for 7 World Trade Center. As for the 250 Greenwich address, Mr. Wasserberger added, “When it came to the marketing of Seven, we wanted people to understand that four out of the five top restaurants in Tribeca are within four blocks of it.”

The full name of the building is “7 World Trade Center at 250 Greenwich,” Mr. Lieber, the project manager, said. The 52-story building, which actually saw its footprint trimmed to make way for the reborn Greenwich Street, opened last May. It is 72 percent leased.

Still, starting last year, Mr. Silverstein and his company began to refer to the three towers on the eastern edge of the site by their Greenwich Street addresses. While unveiling updated designs at a news conference on Sept. 6, Mr. Lieber took pains to introduce speakers in the order of the street address of the building they were working on, starting with 150 Greenwich Street (Tower 4) and working his way up, as opposed to going in order of the tower number, which would have put Tower 2 (200 Greenwich Street) first.

“‘Greenwich Street’ does not have nearly the amount of weight that ‘World Trade Center’ does,” said Petra Todorovich, a senior planner at the Regional Plan Association, which played a big role in getting part of the street grid reinstated. “Silverstein is clearly trying to establish a new identity for the buildings and not associate them with a tragic past.”

Michael Sorkin, an architect who early during the planning process advocated keeping the entire site as a memorial and public space, was neither surprised nor overly dismayed to learn of Mr. Silverstein’s rebranding attempts.

“Obviously he is going to be rebranding this to make as much money as possible. Why should we be surprised that he is maximizing his business opportunities at this site?” said Mr. Sorkin, the director of the Graduate Urban Design Program at the City College of New York. “Certainly nobody is going to fail to recognize where they are. To me, the battle was lost when they decided to replace the 10 million square feet of office space.”

But what will we be talking about when we talk about the World Trade Center in five years, when towers 1 through 4 are supposed to be finished? The office towers? The whole site west of Church Street? The memorial plaza? Or a historical idea?

In some ways, the disappearance of that name would represent a victory for the planners and neighbors who saw the destruction of the towers as a singular opportunity to undo an urban planning mistake, a giant, 16-acre plaza that was elevated and separated from the rest of the city like a castle surrounded by a moat.

Rather than two nearly identical towers designed by one architect, the new World Trade Center is all about diversity and mixed use. Five different architects are building six variously styled buildings. The Church Street sides of the lower floors of Mr. Silverstein’s office towers will be occupied by retail stores, melting into the shopping strip that now hosts Century 21 and Brooks Brothers. A performing arts center, if it ever gets built, will bring a little bit of culture into the site. And then there’s Greenwich Street, which will carry people north and south into more residential areas.

Even the eight-acre memorial quadrant, which will re-create the footprints of the twin towers, World Trade Center 1 and 2, with waterfalls, has been renamed. It is now “The National September 11 Memorial and Museum at the World Trade Center.” The change, according to Joe Daniels, president of the nonprofit organization of the same name that is raising money for it, makes it more relevant to the rest of the country. In doing so, however, the memorial’s geography is now secondary to its place in history.

Oddly enough, there is one place where the renaming seems to be going in the other direction. In July, a high-ranking administrator in the Port Authority, which still owns the 16 acres (Mr. Silverstein is just leasing), sent out an e-mail to all concerned.

The e-mail proclaimed, according to a copy obtained by The Observer, “Effective immediately references to the skyscraper being built by 1 World Trade Center LLC at the WTC site should be as follows: 1 World Trade Center, ‘the Freedom Tower.’” It seems that, no matter what value the World Trade Center brand may be losing, “Freedom Tower” is losing it faster.
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  #106  
Old Posted Sep 12, 2007, 9:12 PM
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Odd that Mr. "It will ALWAYS be 7 World Trade Center!" suddenly wants to turn his back on numbers 2, 3, and 4.

Whatever the reason, he's whistling in the wind: no one will ever call a part of the World Trade Center "250 Greenwich." Just ridiculous he'd even suggest it.
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  #107  
Old Posted Sep 13, 2007, 12:15 AM
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Odd that Mr. "It will ALWAYS be 7 World Trade Center!" suddenly wants to turn his back on numbers 2, 3, and 4.

Whatever the reason, he's whistling in the wind: no one will ever call a part of the World Trade Center "250 Greenwich." Just ridiculous he'd even suggest it.
More than likely, they'll probably be referred to by whatever major tenant takes the space, (rember 1 Bryant Park/Bank of America tower). Regardless, its all still the World Trade Center.
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  #108  
Old Posted Sep 24, 2007, 9:54 PM
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http://www.nypost.com/seven/09192007...ize_counts.htm

FOR MERRILL, SIZE COUNTS
HUNT FOR N.Y. HEADQUARTERS




September 19, 2007 -- MERRILL Lynch executives say the three possible locations in the city for a new headquarters remain candidates, though none of them is ideal.

That's because with the city popping at the seams, and no ideal location available to accommodate the type of floor plan envisioned by the bulge-bracket firm, none is a sure bet.

What Merrill execs did tell us was that size matters and that the lower Manhattan options at the new World Trade Center and World Financial Center are simply too small and would force the bank to develop a second building in Jersey City.

But the financial giant also worries that Vornado Realty Trust's Hotel Pennsylvania site, across from Madison Garden, is not attractive enough to employees.

It is also described as too "iffy," as it needs prolonged civic and city variances and approvals to be as large enough to fill the bank's needs - at least 3 million square feet with one large 80,000-foot trading floor.


"Hudson Yards [on the West Side near the Javits Center] is just not ready yet and we're not pioneers," said one top Merrill executive, who spoke on the condition of anonymity, adding the development plans for an area now made up of railroad tracks is still on the city's drawing boards.

Competing Brookfield Properties' and Silverstein Properties' proposals call for several smaller trading floors, but Merrill traders say they need eye contact with multiple co-workers to make proper bids and therefore feel they must be on one floor.

Brookfield's proposal for a 500,000-foot expansion of 2 World Financial Center would still leave Merrill 20 percent short on its trading floor needs.

Meanwhile, Silverstein Properties' upcoming new Tower 3 at the World Trade Center site comes up 15 percent short, and faces another hurdle for Merrill - the rents he's seeking.

Said the Merrill source of Larry Silverstein: "He's insane in terms of the numbers he's throwing around."

Both the Brookfield and Silverstein sites would require the expense of building and operating a second tower to accommodate a move by 3,000 to 5,000 people who won't fit into either of the two downtown options.

"We need flexibility going forward. It is a critical [need]," added our source. "[No one wants] to be the bonehead who built us the wrong trading floor 10 years from now."

Of course, they could put up with any of it anywhere if given some underlying support, i.e., some help with variances and review timelines, some tax relief off this and some energy pumped in from that - stuff that puts competitiveness back into their mix.

That's because Merrill executives glower as rival Goldman Sachs, after receiving massive subsidies, builds its own 2.1 million foot headquarters smack in the middle of Merrill's World Financial Center territory.

"They put $600 million into our competitor's pocket," complained one Merrill Lynch official. "At a bare minimum, we know that . . . first and foremost, we are at a competitive disadvantage to the guys going up across the street - and they will have rocket speed execution.

"We're not threatening to move our headquarters to New Jersey - we are being honest and saying we want to remain here, but the city seems indifferent to our needs," the official continued.

"If they really want New York City to remain the financial capital they need to figure out what they have to do to make the companies competitive and not penalize them."

A Merrill spokesman declined comment on our findings and a call for a response from Deputy Mayor Dan Doctoroff was not returned by press time.

Jones Lang LaSalle is working with Merrill, which is expected to make a decision in the next few weeks.
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  #109  
Old Posted Sep 26, 2007, 12:33 PM
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http://www.nypost.com/seven/09112007...eing_wooed.htm

MERRILL BEING WOOED
CALLING IT A TOSSUP BETWEEN SILVERSTEIN AND BROOKFIELD




Merrill's investment bankers have settled on three possibilities, sources said. They include World Trade Center Tower 3, also known as 175 Greenwich St., being developed by Silverstein Properties; a new tower by Vornado Realty Trust to replace the current Hotel Pennsylvania; or renewing with Brookfield Properties in Merrill's current WFC location in Battery Park City coupled with a new trading pod.
Just read from a WSJ article that one option from Silverstein was for a tower 3 with "several more floors" and about 14 % more space. For that to happen, they would have to throw the site plan right out the window. But the city/state seems intent on keeping Merrill Downtown, so anything is possible.
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  #110  
Old Posted Sep 26, 2007, 12:38 PM
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For that to happen, they would have to throw the site plan right out the window.
Fine by me.
What's so great about the current plan, anyway ?
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  #111  
Old Posted Sep 26, 2007, 12:44 PM
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Fine by me.
What's so great about the current plan, anyway ?
What I mean is the "spiral" of the heights of the towers would be changed, not that I have a problem with it...
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  #112  
Old Posted Sep 26, 2007, 1:03 PM
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What I mean is the "spiral" of the heights of the towers would be changed, not that I have a problem with it...

If the spires were taken out, and replaced with floors, the spiral notion might not be as lost as you think.
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  #113  
Old Posted Sep 26, 2007, 1:30 PM
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If the spires were taken out, and replaced with floors, the spiral notion might not be as lost as you think.
You could do that, adding about 100 ft in (roof) height. But it would be far too close in height to consider it a spiral from Tower 2. It's close enough as it is.

I say they should go for it. Forget about height limits and spirals, and build something that's actually needed for a change. They would still need a way to come up with that massive trading floor. Maybe they would have to build over the plaza between 3 and 4.
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  #114  
Old Posted Sep 26, 2007, 4:06 PM
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Well this could bump the heights of Towers 2 and 4 up (obviously 3) and possibly even 5 to keep proportions.
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  #115  
Old Posted Sep 26, 2007, 8:03 PM
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Well this could bump the heights of Towers 2 and 4 up (obviously 3) and possibly even 5 to keep proportions.
Merrill would have to take the bait first. If only we could combine towers 4 and 5 on the Deustche Bank site, that would leave room for a Tower 3 expansion that could accommodate larger trading floors. We'd get better spacing, and 4 supertalls for the site. Or maybe they should just stop messing around and give towers 1-3 equal roof heights.
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  #116  
Old Posted Sep 26, 2007, 9:10 PM
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Well this could bump the heights of Towers 2 and 4 up (obviously 3) and possibly even 5 to keep proportions.


If they're gonna do that, then they might just as well bump up the Freedom Tower too!
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  #117  
Old Posted Sep 26, 2007, 11:11 PM
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If they're gonna do that, then they might just as well bump up the Freedom Tower too!
Yea, thats the tower that needs some real bumping.
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  #118  
Old Posted Sep 26, 2007, 11:14 PM
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If they're gonna do that, then they might just as well bump up the Freedom Tower too!
They'll never get rid of that 1776ft.
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  #119  
Old Posted Sep 26, 2007, 11:30 PM
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^^ If America got independence later, you could've got a taller building !
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  #120  
Old Posted Sep 26, 2007, 11:39 PM
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^^ If America got independence later, you could've got a taller building !
Really....your kidding?.....................
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