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 "World Trade Center"

  • $50 Million Church by World Trade Center Nears Completion By Kristina Kennedy-Aguero | September 14, 2017

    On September 11th, 2001 the tiny Greek Orthodox church of Saint Nicholas was destroyed. Now, a stunning new church is being planned to replace it.

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  • #TBT-The Evolution of the New York City Skyscraper By Serena Horrigan | March 31, 2016

    From 11-stories to 104, #TBT explores the rich architectural history of the New York City skyscraper.

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  • #SotW: The Trials and Triumphs of Greenwich Street By Serena Horrigan | February 09, 2016

    A Michael Shvo-designed luxury tower is coming to Greenwich Street– a historical street that has overcome trials and tribulations to emerge triumphant.

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  • 4 World Trade Center Will Open in November By Peter Black | October 23, 2013

    4 World Trade Center—which is currently the second largest building in the eventual 7 building World Trade Center complex—will open in November. It will be the second addition to the ongoing WTC mega-project. The site's first completed building, 7 World Trade, opened in 2006.

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  • 3 World Trade Center Is Set To Take Shape By Clemence Fontaine | July 15, 2013

    Larry Silverstein, the aging but still influential real estate investor, is close to striking up a new deal for 3 World Trade Center. Only six weeks before the terrorist attacks of 9/11 he signed a 99-year lease to control the World Trade Center area - a square that extends from West to Church street and that goes from Liberty to Vesey street. 

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  • Greenwich Street Rises From the Ashes By Yuan Feng | July 19, 2012

    Greenwich Street is on its way back up to the top. This historic street spanning Downtown Manhattan will have closed-off parts between Liberty Street and Dey Street reopened by next year with the entirety of the street reopened by 2016. With such a critical location in front of the World Trade Center, developers are likewise trying to take advantage of the new prime property that is growing available. With these sweeping changes set to hit Greenwich Street, the area is expected to once again reclaim its mantle as the main thoroughfare between Lower Manhattan and Greenwich Village.

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  • Controversy Surrounds NYPD's Security Plans for WTC By Daniel Muhlenberg | April 13, 2012

    How do you strike a balance between security and community? That’s the question on the minds of apartment residents in the Financial District who are about to see their neighborhood shut down to traffic. The NYPD’s proposed security plan for the World Trade Center site will create a superblock around the complex with multiple vehicle checkpoints and barricaded secure zones on all four sides. If implemented as it stands right now, the plan would lock down sections of Liberty Street, Vesey Street, Church Street, Washington Street, Greenwich Street, and West Broadway. Residents and local businesses looking at the prospect of having to pass through security checkpoints every time they go home or go to work are not happy about it. Moreover, they're not happy because they haven't had a voice.

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  • WTC Subcontractors Owed $50 Million in Unpaid Construction Costs By Daniel Muhlenberg | March 21, 2012

    After years of government infighting about construction costs at the September 11th Museum, it appears that subcontractors who have nothing to do with the dispute have been shouldering the weight. The Port Authority of New York and New Jersey and the Sept. 11 Memorial & Museum have been unable to agree upon who should pay for the ongoing construction at the landmark Manhattan museum, and, unsurprisingly, new construction at the site has almost ground to a halt – there’s virtually no chance that it will be open in time for the eleventh anniversary of the attacks. Even worse: according to one trade group leader, the two government giants have left subcontractors holding a $50 million bill.

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  • World Financial Center Hits Roadblock By Justin Spees | December 15, 2011

    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 By Justin Spees | November 28, 2011

    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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