Tuesday, May 14, 2013

Towers Rising: Oversupply Risk Muted As Reborn WTC Reaches 1,776 Feet, And More New Buildings to Follow




National Commercial Real Estate News From CoStar Group





Towers Rising: Oversupply Risk Muted As Reborn WTC Reaches 1,776 Feet, And More New Buildings to Follow



The recent emotion-filled topping off of One World Trade Center with a 408-foot silver spire provides a visceral reminder for New Yorkers and others around the world that the rebirth of the iconic building is moving into the final stretch toward its 2014 delivery.

1 WTC, under development by the Port Authority of New York and New Jersey on behalf of the Durst Organization, is now a symbolic 1,776 feet tall, preleased to tenants such as the U.S...






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