All Posts Tagged With: "Port Authority"

gbNYC selects green news items of note that were reported across the New York City area during the week of October 19, 2008, including Williamsburg’s first (though self-proclaimed) green rental building, results of the first Regional Greenhouse Gas Initiative Auction (CO2 at $3.07 per ton), and a high-profile purchase in Related’s LEED Gold hopeful Superior Ink condos in the West Village, as well as more green leasing turmoil in the wake of the ongoing credit crisis.

gbNYC selects green news items of note that were reported across the New York City area during the week of June 15, 2008, including ongoing litigation in connection with Neil Denari’s HL23 condominium project in Chelsea, the Port Authority listening to bids from the private sector for the Freedom Tower, and Brooklyn’s Toren shooting down rumors that the condo project will turn rental, pointing to its LEED Gold application as a major drawing card for potential purchasers.

The New York Observer reported yesterday that the Port Authority has reached a tentative agreement with China’s Beijing Vantone Real Estate Company for 190,000 square feet of space in the LEED Gold hopeful Freedom Tower across its 64th and 69 floors. The firm will pay approximately $80 per square foot for a 22-year lease and create a “China Center” designed to be a cultural and educational portal for Chinese firms looking to do business in the U.S. and American firms interested in similar efforts in China. The news is of particular interest from a green leasing perspective given that Vantone came close two years ago to leasing the very top of Larry Silverstein’s LEED Gold 7 World Trade Center.

Yesterday, the New York Building Congress held a Luncheon Forum at the Ritz-Carlton in Battery Park City. Sharing remarks were Larry Silverstein, whose Silverstein Properties continues to move forward with redevelopment efforts at the World Trade Center site, and Anthony Shorris, Executive Director of the Port Authority. Mr. Silverstein first provided an overview of the massive $20 billion project, which is still on track for full occupancy in 2012. He also announced that the World Trade Center Design Studio on the 10th floor of LEED Gold 7 WTC, where 120 design team members have been working for the past 18 months, will now be known as the World Trade Construction Center. “We’ve got $2 billion in construction contracts- for concrete, steel, and elevators- on the street right now,” Mr. Silverstein said. “This project is like a freight train- the only way to stop it will be when all of the buildings are complete.”

On Tuesday, the Lower Manhattan Development Corporation (“LMDC”) announced that it reached an agreement with its construction manager, Bovis Lend Lease, to hire a new subcontractor that will complete demolition efforts at the former Deutsche Bank Building on 130 Liberty Street. Work at the site has stalled for close to five months now in the [...]

As we wrote about back in September, Silverstein Properties’ three LEED Gold towers planned for the former World Trade Center site are on the verge of climbing out of Greenwich Street. Today, GlobeSt.com reported that the year-long excavation work for the foundations of Towers 3 and 4 are currently within a few weeks of being [...]