FiDi News

World Trade Center Tenants and Update

World Trade Center Tenants and Update

Artists rendering of the future
By Colin O’Leary
The tallest skyscraper in the western hemisphere is nearly complete. New York’s tallest skyscraper was topped off last May and now stands at a symbolic 1,776 feet representing the year America declared independence. According to the World Trade Center website, the steel installation and concrete floors are finished. The finishing touches of the interior are underway.The skyscraper will have 3 million square feet of office space.  According to the website, One World Trade Center is more than 55 percent leased, with world-class publisher Condé Nast as it’s anchor tenant. Conde Nast, the publisher of magazines including Vogue, GQ, and Vanity Fair, will occupy nearly 1.2 million square feet to house its global headquarters. Other tenants will include the Vantone China Center, which has  leased 190,000 square feet, and the U.S. General Services Administration which will lease more than 270,000 square feet of space under a 20-year agreement. A three-level observation deck called One World Observatory will open in 2015. One World Trade Center is scheduled to be mostly completed by the end of 2014. After 9/11 the area was abandoned by many residents and businesses. Since then the Financial District has rebounded and added thousands of new residents and businesses. Many of these residents are upset with the massive security checkpoints planned for the site. According to CBS, the residents living around the rebuilt World Trade Center are fighting what they call the “fortress-like” security planned for their neighborhood. Residents have sued the New York Police Department, the city and the Port Authority of New York and New Jersey which runs the World Trade Center.

Guest Post Written By: Colin O’Leary Real Estate Agent with the Manhattan Residential Group

 

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