Developers Silverstein Properties and Brookfield Properties have responded to WTC’s “Site 5” request for proposals with a joint bid to build a residential tower just south of the World Trade Center. It is proposed that 30% of the apartments would be sold at below market rate.
Beneath the apartments, there would be 5 or 6 stories for “mixed use” which would be for public use such as a library.
Other bids have also been submitted, writes Carl Glassman for the Tribeca Trib.
The site in question is the site of the former Deutsche Bank building.
