Fulton Street Transit Center

New Fulton Street Transit Center Provides a Glimpse of the Future

If you want to know the difference between a subway stop and a transit center (hint: Subway stops don’t cost $1.4 billion to renovate), look no further than Fulton Street in the Financial District. Straphangers have endured years of construction there, but new renderings of what’s to come make it look like the headaches will be well worth it.

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World Financial Center Hits Roadblock

The world of Manhattan real estate has known for months that the law firm Milbank Tweed, Hadley & McCoy LLP has been in talks with Brookfield Office Properties about leasing 300,000 square feet of space inside the World Financial Center after its current contract runs out. The law firm currently rents office space from JP Morgan Chase at 1 Chase Manhattan Plaza, and its lease agreement is about to expire.

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Planned Construction on Track to Make WTC Manhattan’s Biggest Mall

While construction of the civic buildings near the World Trade Center is at perpetual standstill, the World Trade Center retail construction project is on track to become part of the biggest indoor shopping mall in New York City. The Mass Transit Authority announced late last month that it would lease 70,000 square feet of the storied Fulton Street Transit Center to a retail operator that would populate it with stores.

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