Port Authority negotiating with developers for new World Trade Center tower

The proposed 5 World Trade Center, which would be built the site of the former Deutsche Bank building in Lower Manhattan, may rise sooner than expected. Port Authority officials have voted to negotiate a lease with Brookfield Properties and Silverstein Properties to develop it. If all goes as expected, a 2023 groundbreaking is possible.

Five World Trade Center would be mostly residential, containing 34 floors of rental apartments, some of which would be affordable housing. A dedicated community space is planned, and six floors of office space are proposed, reports Larry Higgs for NJ Advance Media.

This entry was posted in World Trade Center Rebuilding. Bookmark the permalink.