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Michael Stern, the developer of SHoP’s new The Brooklyn Tower (also known by its address at 9 Dekalb Avenue), is facing foreclosure over a failure to pay a $240 million loan that was extended by Silverstein Properties in 2019 to complete the 93-story project, according to reports from The... View full entry
A bellwether overhaul of the aging Emery Roth & Sons-designed 55 Broad Street office tower in Lower Manhattan will be undertaken by CetraRuddy in what is billed as one of the New York market’s largest office-to-residential conversion projects in recent memory. The project for developers... View full entry
Silverstein Properties has just completed its overhaul of the Pei Cobb Freed & Partners-designed U.S. Bank Tower in Downtown Los Angeles. The two-year, $60 million project issued major upgrades across 35,000 square feet of the building while installing a new entrance lobby and... View full entry
A revised version of one of the world’s most high-profile architectural projects by Foster + Partners is now being circulated online as new renderings have surfaced that depict the firm’s upgraded Two World Trade Center design. The London-based firm was added back onto the... View full entry
Silverstein Properties closed on its $430 million deal to buy US Bank Tower, an iconic Downtown Los Angeles property whose purchase price was far below initial expectations. [...]
In a statement, chairman Larry Silverstein said: “I believe in the future of Downtown Los Angeles.”
— The Real Deal
The 73-story US Bank Tower, designed by Henry N. Cobb of Pei Cobb Freed & Partners, was once the tallest building west of the Mississippi River until the recently completed Wilshire Grand Center in Los Angeles and later the Salesforce Tower in San Francisco took over that title. The 36-foot-long... View full entry
New renderings have been unveiled for an 11,000-square-foot outdoor terrace at 3 World Trade Center, expected to open when the skyscraper does so in June. Designed by Ken Smith Workshop, the space will be fully landscaped and feature a lush garden. Slated to open this June, 3 WTC, designed by... View full entry
After stalling for years, the $243 million World Trade Center Performing Arts Center started to make headway in recent months, and now Silverstein Properties have revealed the official renderings. With the help of billionaire businessman Ronald O. Perelman's $75 million gift, the 90,000-square-foot marble cube designed by REX will both stand out as an impressive piece of cultural architecture and co-exists with the other structures on the WTC complex. — 6sqft
Rupert Murdoch has dropped his plans to relocate 21st Century Fox and News Corp. to 2 World Trade Center.
In a statement issued Friday afternoon, World Trade Center developer Larry Silverstein declared himself “disappointed” by the news. [...]
In June, the two media companies signed a letter of intent with Silverstein to occupy 1.5 million square feet for 30 years at a 2 World Trade Center designed by architect Bjarke Ingels.
— capitalnewyork.com
2 WTC previously in the Archinect news:2 World Trade Center receives $9M rent assistance from Port Authority to expedite projectBjarke Ingels and the challenges of designing Two World Trade Center2 World Trade Center Could Be the Most Expensive Office Tower in the World View full entry
That a 977-foot tower has gone unnoticed is partly the point. Designed by Japanese architect Fumihiko Maki, 4 World Trade Center has a quiet splendor hidden within its still skin. Like the original Twin Tower, 1 World Trade Center still imposes itself on the skyline. By contrast, 4 World Trade Center becomes a part of it. — New York Observer
Video inside the new 4 WTC, which is two floors from completion. View full entry