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The company is negotiating a lease in 1 World Trade Center to take over about 200,000 square feet in the building, a source close to the deal told CNNMoney.
WeWork recently became the second-largest renter of office space in the borough, according to a Cushman & Wakefield report earlier this month. WeWork trails just about 74,000 square feet behind JPMorgan's New York tenancy. If the deal goes through, WeWork would surpass the bank.
— money.cnn.com
According to Crain's New York Business, WeWork is close to finalizing the lease with 1 World Trade Center. The co-working space company has grown tremendously in the past 8 years it has been operating with offices now in over 20 countries around the world. For more backstory on WeWork's... View full entry
I must ask myself if we want to design buildings for people to fit some preconceived idea of a glass world. Is this really the future of cities?" – Minoru Yamasaki — businessinsider.com
While the critical response to the new 1WTC has been, at best, one of resigned acceptance, the original Twin Towers didn't receive much fanfare either when they first opened in 1973. Ada Louise Huxtable, then architecture critic for The New York Times, wasn't much of a fan of Minoru Yamasaki's... View full entry
Say what you want about One World Trade Center (and much has already been said here on Archinect), but it sure is a heck of a construction project.From the laying of the symbolic cornerstone on July 4, 2004 to the recent opening of One World Observatory on May 29, 2015, it took the tower eleven... View full entry
“This isn’t your grandfather’s Wall Street.” — Bloomberg Business
According to a statement issued on Tuesday, the design of Two World Trade Center, which was formerly the province of Foster + Partners, is now being handled by Bjarke Ingels' firm BIG and will likely house employees of both 21st Century Fox and News Corp. The media organizations inked a... View full entry
Legends, a company that manages skyboxes and stadiums and now runs the World Trade Center observation deck, has turned the view into a high-tech spectacular. Before you get a glimpse of an actual place, you follow a winding path through cheesy synthetic bedrock; ride an elevator where 500 years of an ever-changing New York unfold as if seen from a rising balloon [...]
A view gives the illusion of omniscience.
— nymag.com
The observatory, located on floors 100, 101 and 102, opened to the public on May 29th. View full entry
The current race to the top of the skyline is the most impressive in New York City’s history, with ever-taller skyscrapers sprouting from the Financial District all the way to 57th Street. And YIMBY has now learned that 217 West 57th Street, aka the Nordstrom Tower, received a height boost between April and June of last year, pushing the tower’s pinnacle to 1,795 feet. That will make it the tallest building in New York City, the United States, and the Western Hemisphere. — newyorkyimby.com
Previously View full entry
One World Observatory today announced that its official public opening date will be Friday, May 29, 2015. [...]
Positioned on top of the tallest building in the Western Hemisphere – on levels 100, 101, and 102 of the One World Trade Center building – One World Observatory will provide guests with unique, panoramic views of New York City, its most iconic sites, and surrounding waters from above 1,250 feet.
— One World Observatory
Visitors will board one of five dedicated elevators, termed Sky Pods, to ascend to the 102nd floor in under 60 seconds. Immersive, floor-to-ceiling LED technology in each cab invites guests to experience a virtual time-lapse that recreates the development of New York City’s skyline from the... View full entry
Govs. Andrew Cuomo and Chris Christie have turned to a familiar idea in their pledge to reform the Port Authority of New York and New Jersey: selling its real estate.
A report released over the weekend highlights a plan to sell off many of the agency’s sprawling property holdings, by far the most notable of which is the World Trade Center site in lower Manhattan.
That concept has long been pushed within the agency, and it has been implemented gradually over the past decade and a half.
— wsj.com
One World Trade Center is by far the world's most expensive building, coming in at $3.9B, nearly double the second-most expensive buildings, Vegas' Palazzo casino and London's The Shard, which both cost $1.9B to build. Perhaps even more surprising, Dubai's dizzying Burj Khalifa, currently the world's tallest building, comes in at number five — curbed.com
“It’s not so bad,” offered an architect who has a window facing the building.
Alas, it is.
Like the corporate campus and plaza it shares, 1 World Trade speaks volumes about political opportunism, outmoded thinking and upside-down urban priorities. It’s what happens when a commercial developer is pretty much handed the keys to the castle.
— The New York Times
Two window washers' lives are literally hanging in the balance - they're stuck on scaffolding at 1 World Trade Center, officials said Wednesday afternoon.
The shaky scaffolding, which is suspended around the 69th floor, was seen dangling at an unstable angle, according to images that surfaced of the scene.
The workers are dangling at a 65-degree angle, according to NYPD counterterrorism czar John Miller.
— nydailynews.com
“Condé Nast’s arrival puts a stiletto in the heart of the outdated notion that Lower Manhattan is stuffy and gray,” said Jessica Lappin, president of the Downtown Alliance, a local business organization. “They will accelerate the transformation that’s well underway and create additional demand-side pressure for more cool restaurants, art galleries and bars.” — nytimes.com
Thirteen years after the September 11th attack on the World Trade Center, and a fair share of construction delays, 1 World Trade Center is open for business. While the tower's 102 floors are currently only 58% occupied, mostly by media giant Condé Nast (of Vanity Fair, Vogue, The New Yorker, and... View full entry
When Ground Zero was finally cleared after the fall of the twin towers, New Yorkers trusted that thoughtful, ambitious urban design could make the city whole again. Why have they been so badly let down? — theguardian.com
The owners of the tallest tower at the World Trade Center are cutting office rents just months before it opens because of slow leasing activity.
Only one private tenant has signed a lease at One World Trade Center in nearly three years: a one-floor deal with advertising firm Kids Creative that was signed last week. The 3.1-million-square-foot skyscraper, formerly named the Freedom Tower, is 55% leased.
— online.wsj.com
1 World Trade Center, the iconic Ground Zero skyscraper formerly known as the Freedom Tower, this summer became the tallest building in the Western Hemisphere by some measures. It’s not, however, the building that Daniel Libeskind, the site’s master planner, conceived of over a decade ago. [...]
But as the opening of 1 World Trade Center approaches, a curious thing has happened. Libeskind has quietly transformed into one of the site’s most ardent boosters.
— newyorker.com
Previously: 1 World Trade Center Will Not Be 1,776 Feet After All View full entry
