Jamesb101.com

commentary on Politics and a little bit of everything else

Build…and they will come…..One World Trade Center is fine……Thank You……

After a horrible tragedy……

Years of planning and arguing…

After all the political mud-slinging…….

And back forth between the Port Authority and Larry Silverstein…

After the Port Authority took back the responsibility to build it…

One World Trade Center is rising into the New York skyline….

And is getting good attention from commercial real estate companies in New York City…..

More than 1,400 workers are pouring concrete and installing girder upon girder. And with the red steel latticework for the obelisk-shape building now rising more than 240 feet at ground zero, it has turned into an object of desire.

Four major real estate developers are vying to buy a minority stake in the $3.1 billion project and to take over the leasing and operating of the skyscraper. This week, the developers submitted their final offers to the owner, the Port Authority of New York and New Jersey, which plans to pick a winner by June.

“The building has real international significance, and it’s important for New York,” said Stephen M. Ross, chief executive of Related Companies, one of the four companies competing for the $100 million deal.

Despite the recent Cinderella-like transformation of Freedom Tower, now known as 1 World Trade Center, it still faces a daunting challenge: whether it can attract private companies or will remain a heavily subsidized “government” building.

A 2006 rendering of the Freedom Tower. It is now known as 1 World Trade Center.

The Port Authority and its advisers at Cushman & Wakefield are pitching it as the most modern addition to the city’s skyline, with first-class restaurants and an observatory at the top that will attract business leaders and tourists alike.

The developers seem to agree. Even Douglas Durst, the chairman of the Durst Organization, whose family opposed both the original World Trade Center and the version being built, has jumped into the competition for the tower, along with Hines, an international real estate developer, and Mortimer B. Zuckerman, the chairman of Boston Properties and the owner of The Daily News.

Vornado Realty Trust, a publicly traded company, and Brookfield Properties, the largest downtown landlord, have already been eliminated from the competition.

The competing developers acknowledge the immediate challenge of finding enough tenants for the building. But they say that a stake in 1 World Trade Center is a long-term investment in the future of the building and of Lower Manhattan. They said they were confident the area would rebound as both a residential and a commercial community, and some said they were also seeking the cachet of being associated with an internationally known skyscraper.

More……

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April 24, 2010 Posted by | Breaking News, Government, Media, Other Things, PoliticalDog Calls, Politics, September 11, Updates | , , , , | Leave a comment

Ground Zero……New York City…..

2/3/10 by WTCProgress.

[ The New One World Trade Center rising into the New York City skyline……. ]

The World Trade Center site (ZIP code10048), also known as “Ground Zero“, sits on 16 acres (65,000 m2) in Lower Manhattanin New York City.The World Trade Center complex stood on the site until the September 11 attacksStudio Daniel Libeskind, the Port Authority of New York and New JerseySilverstein Properties, and the Lower Manhattan Development Corporationoversee the reconstruction of the site. The site is bounded by Vesey Street to the north, the West Side Highway to the west, Liberty Street to the south, and Church Street to the east. The Port Authority owns the site’s land (except for 7 World Trade Center). Developer Larry Silverstein holds the lease to retail and office space in four of the site’s buildings.

The Port Authority website link……..

March 17, 2010 Posted by | Breaking News, Government, Media, Other Things, September 11, Updates | , , , , , | Leave a comment

‘Subway’ will sell sandwiches in the sky as the new World Trade Center rises…….

When you think about it …….it makes sense….

The workers on the project of bring the building back have to travel up and down off the structure when they want to get a lunch break…..So why not bring the food to them?….of course this is a great marketing tool also!

Now what do they do when they have to ah, relieve themselves?

December 26, 2009 Posted by | Food, Media, Men, Women | , , , , | 5 Comments

'Subway' will sell sandwiches in the sky as the new World Trade Center rises…….

When you think about it …….it makes sense….

The workers on the project of bring the building back have to travel up and down off the structure when they want to get a lunch break…..So why not bring the food to them?….of course this is a great marketing tool also!

Now what do they do when they have to ah, relieve themselves?

December 26, 2009 Posted by | Food, Media, Men, Women | , , , , | 5 Comments

The new World Trade Center construction reaches the fifth floor!

Here’s a link to the Port Authority of NY & NJ…the owners and builders of the building……..

It’s great to see the building rising up out of the pit…….

December 22, 2009 Posted by | Breaking News, Government, Media, September 11, Updates | , | 2 Comments

The World Trade Center rises again in New York City…….

The World Trade Center is rising from the bedrock of Manhattan Island, after a lot trash talking, political posturing, lawsuits and insurance company wriggling…….

The Port Authority of New York and New Jersey, the owners and builders of the original two buildings, is on its way to has begun resurrecting One World Trade Center in lower Manhattan……

The steel is going up, and they are moving through the fourth floor on their way to the top of the building 1,776 feet above ground…..here are pictures and video’s of the progress of the building…..in addition, the Port Authority is also working a Transportation Center, Memorial Building and Vehicle Security Center ….along with covering the PATH line under the construction Deck……

The entire project is scheduled to be done by 2014…..three years after then Governor Pataki promised, and 13 years after the tragedy of September 11, 2001…..in addition, the Port Authority is unsure if all the originally planned buildings will ever be built (Buildings 2, 3, and 4)

December 9, 2009 Posted by | Government, Media, Politics, September 11, Updates | , , | Leave a comment