Streams

Chinese Firm to Sign 1st Corporate WTC Tower Lease

Thursday, March 26, 2009

The Port Authority plans to announce today that it's signed the first commercial tenant for a skyscraper that will go up where the Twin Towers stood. WNYC's Bob Hennelly has more.

REPORTER: Bejing Vantone, a Chinese firm that promotes trade between the US and China, will lease five floors in the tower slated to be up by 2013.

This announcement also marks a subtle re-branding of the beleaguered project. The official paper work no longer makes any reference to the so-called Freedom Tower. Instead it will be simply one World Trade Center.

In addition to the one tenant, the Port Authority expects government agencies to lease a million square feet of the 2.6 million square foot building. Meanwhile behind the scenes, the agency is still negotiating with developer Larry Silverstein on how it can help him finance a portion of his part of the complex. For WNYC I am Bob Hennelly.

Tags:

More in:

News, weather, Radiolab, Brian Lehrer and more.
Get the best of WNYC in your inbox, every morning.

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.

Sponsored

Latest Newscast

 

 

Support

WNYC is supported by the Charles H. Revson Foundation: Because a great city needs an informed and engaged public

Feeds

Supported by