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Progress on the 5 World Trade Center (5WTC) project by KPF moves forward after a press conference announcement on July 27 from New York Governor Kathy Hochul. In an effort to build more affordable housing in Lower Manhattan, the news reported by The Real Deal states that the... View full entry
The fight for affordable housing in New York City has come to one of Lower Manhattan’s most important developments in recent memory. An online petition organized by the New York Review of Architecture and Citygroup has been circulating that appears to call for a 75% increase in the number of... View full entry
A development team for 5 World Trade Center (5 WTC) has been selected by the Port Authority of NY and NJ. The board voted unanimously during their monthly public meeting to award the bid to Silverstein Properties, Brookfield Properties, Omni New York, and Dabar Development. The board also offered up a snapshot of the design, which comes from none other than Kohn Pedersen Fox. The image depicts a 900-ft skyscraper emerging from one of the World Trade Center’s last developable sites. — Urbanize NYC
The full press release from the Port Authority of NY and NJ... Award for 5 WTC, the Location of the Former Deutsche Bank Building, Cements Governor Cuomo’s Commitment to Complete the Rebuilding of the World Trade Center Campus New Mixed-Use Tower to Include First Residential... View full entry
The Port Authority and the Lower Manhattan Development Corporation recently arrived at a deal to develop 5 World Trade Center, the last WTC site. Today, Governor Cuomo released a Request for Proposals, which allows for either commercial or mixed-use proposals for a 900-foot-tall building. Any proposals putting forth a residential component must include “onsite affordable units that comply with New York City’s Mandatory Inclusionary Housing program,” according to a press release. — 6sqft
