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Last updated on April 24, 2014 at 21:24 EDT

Latest Larry Silverstein Stories

2012-06-25 10:26:14

NEW YORK, June 25, 2012 /PRNewswire/ -- Silverstein Properties President and CEO Larry A. Silverstein was joined by approximately 1,000 construction workers and other New York government, civic and business leaders at a topping out ceremony marking the completion of steel erection for the new 4 World Trade Center - the first office tower that will be completed and opened on the original 16-acre World Trade Center site. The final steel beam, which weighed 8 tons and was adorned with an...

2012-06-21 06:25:43

NEW YORK, June 21, 2012 /PRNewswire/ -- World Trade Center Developer Larry A. Silverstein will join more than 1,000 construction workers at a Topping Out Ceremony to mark completion of steel erection for 4 World Trade Center, which will be the first tower to open on the WTC site, from 10-11 AM on Monday, June 25 at the corner of Liberty and Greenwich Streets, Manhattan. The last steel beam will be signed by a representative group of construction workers before it is...

2011-12-14 09:00:00

NEW YORK, Dec. 14, 2011 /PRNewswire/ -- Marc Holliday, Chief Executive Officer of SL Green Realty Corp., was the evening's honoree as he was presented the National Jewish Health® 2011 Humanitarian Award on December 10 during the Real Estate and Construction Industries' Winter's Eve Gala at the Grand Hyatt New York. The event raised over $3 million to establish the Holliday Memorial Fund for Lung Cancer Research, which provides care for lung cancer patients and supports lung...

2010-11-14 00:47:00

PALM SPRINGS, Calif., Nov. 14, 2010 /PRNewswire/ -- Larry Silverstein, President, CEO, Silverstein Properties, Inc., was named the Ernst & Young Entrepreneur Of The Year® 2010 national winner in the Real Estate, Hospitality and Construction category. Now in its 24th year, Ernst & Young's Entrepreneur Of The Year® is the world's most prestigious business award for entrepreneurs. The award encourages entrepreneurial activity and recognizes leaders...

2009-05-12 21:58:43

The Port Authority of New York and New Jersey plans to replace one of the office towers at the World Trade Center with a luxury hotel, the New York Post said. Sources told the newspaper the agency believes a combination of hotel and up-market apartments is a better commercial proposition than more offices, given the current oversupply of commercial buildings in Manhattan. JPMorgan Chase & Co. has abandoned its plans for a tower on the site. The Port Authority took over the former Deutsche...

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2009-04-16 13:35:00

A study prepared by a major real estate firm predicts that the new World Trade Center in New York will not be fully occupied until 2037. The New York Daily News reported it had obtained a copy of a confidential report prepared by Cushman & Wakefield for the Port Authority of New York and New Jersey. The bi-state agency built the original World Trade Center in lower Manhattan, which was destroyed in the terrorist attacks of Sept. 11, 2001. The report suggests that the delays that have...

2008-11-11 12:00:14

EXTON, Penn., Nov. 11 /PRNewswire-FirstCall/ -- XL Insurance, XL Capital Ltd's global insurance operation , today announced that Silverstein Properties of New York and The Christman Company of Lansing, Michigan are the recipients of XL Insurance's 2008 Green Contractor Award. This award honors companies for their exemplary risk management strategies that promote environmental health and welfare of employees and communities in which they do business. Rich Corbett, head of XL Insurance's...

2006-06-29 15:46:57

By Joan Gralla NEW YORK (Reuters) - New York's Freedom Tower got a financial boost when the U.S. Customs and Border Protection agency signed a letter of intent to lease 600,000 square feet of offices, Gov. George Pataki said on Thursday. The 1,776-foot (541-meter) Freedom Tower building is meant to symbolize New York's defiance in the teeth of the September 11, 2001 air attacks, but real estate experts say fears of yet another deadly assault make luring tenants an uphill battle. The...

2006-06-26 14:35:39

By Mark Egan NEW YORK (Reuters) - In the latest twist in an acrimonious battle over rebuilding the World Trade Center, developer Larry Silverstein on Monday sued insurers to demand they pay for the buildings destroyed in the September 11 attacks. With new architectural plans for the site to be unveiled this week, Silverstein and The Port Authority of New York and New Jersey said in a lawsuit that the insurance companies have dragged their feet on paying the more than $3.5 billion...

2006-06-26 10:38:00

NEW YORK (Reuters) - World Trade Center developer Larry Silverstein and the Port Authority of New York and New Jersey on Monday sued insurers to demand that they pay up on the buildings destroyed in the September 11 attacks. Some insurers have suggested they might not make future payments owed for redevelopment because the original plan has been changed. Silverstein and the Port Authority, which owns the 16-acre site, say the money is essential to rebuilding. The lawsuit, filed in...