Elegran Edge
The Real Estate Blog

What is Elegran Edge? It’s the blog where we bring together the biggest and best stories from our neighborhood blogs and agent blogs. If it’s happening in Manhattan real estate, you can find it here.

Articles about "One World Trade Center"

  • NYC Government Agencies In Ownership Dispute Over WTC Museum By Andrea Garcia-Vargas | June 11, 2012

    Over the past 11 years, many apartment residents of Lower Manhattan have grown up with the memorial of the World Trade Center and seen it host dozens of events to commemorate the 2,830 deaths on September 11. But for a place that New Yorkers almost unanimously consider hallowed ground, Ground Zero has become Ground Dispute. Over the last eight months, building plans for a museum at the memorial have been halted due to concerns over the costs of the building’s construction and maintenance. The most recent development in the conflict was last Friday when officials got into a disagreement over the ownership and administration of the overall memorial.

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  • Tourists Are Flocking to Lower Manhattan By Daniel Muhlenberg | March 05, 2012

    If you're one of those New Yorkers who doesn't like tourists, you may want make note of the fact that Lower Manhattan is starting to resemble Times Square. According to the Downtown Alliance, a record 9.8 million tourists visited this Manhattan neighborhood in 2011, exceeding 2010’s total by 800,000 people. What’s more, the area’s popularity has increased 40% since 2008. This definitely has a lot to do with the completion of the 9/11 Memorial - 1 million visitors between it’s opening on September 11th 2011 and the end of the year - and as the WTC site reaches completion in 2013, the number of tourists will likely continue to increase.

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  • Safety Concerns From WTC Construction Accident Still Unresolved By Daniel Muhlenberg | February 28, 2012

    When three 62-foot steel beams weighing nearly 20 tons fell over 40-stories at the World Trade Center construction site last week, it was a minor miracle that no one was injured. While it was something of a freak accident – the TG 1900 crane lifting the beams had a lifting capacity of 150 tons and it’s unclear why the cable snapped – the incident has raised some troublesome questions about the tangle of government agencies monitoring the site.

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  • Cost of One WTC Rises to $3.8 Billion By Daniel Muhlenberg | February 02, 2012

    From the beginning, One World Trade Center was never about money. It was about rebuilding in the face of tragedy and establishing a symbol of hope and resurgence for the city and the country. Now, after a decade of political snares, construction delays, and financing issues, One World Trade Center is finally nearing completion; 90 of its 104-stories are built, and it is set to finish construction in 2013 and open to tenants in 2015. When it is finally completed, not only will Lower Manhattan and the Financial District finally be whole again, but for many the ordeal of September 11th will, at least in some way, come to a close.

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  • World Trade Center Steel Contractor in Big Financial Trouble By Daniel Muhlenberg | January 19, 2012

    One World Trade Center, the symbol of America's recovery from the terrorist attacks of September 11th, has taken much longer than expected to complete. Now it might take even longer still. DCM Erectors, the steel firm contracted to fabricate and pull up steel at One World Trade Center, is struggling to keep their head above water, so much so that Port Authority officials in Clinton have been quietly paying their subcontractors for months.

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