SEARCH IN BRIEF

 
Unsettling times bring grim news for Ground Zero projects

It was only a matter of time that the proverbial shoe would drop on the World Trade Center site’s grandiose rebuild scheme. Crain’s, one of New York’s leading business papers, reported today that the credit crunch and an uncertain financial climate have taken their toll on the Ground Zero project.
Real estate pros told Crain’s that as office vacancy rates in the city soar, there is no need for space now or in four years, when the projects are slated to open. It is widely expected that the Port Authority of New York and New Jersey will announce next week further delays in the project’s schedule. Developer Larry Silverstein told the paper: "Just as New York City’s economy recovered from 9/11, it will recover from recent events”.

IN BRIEF
Thursday 25 September 2008
Rising star gone too soon - Randall Stout dies at 56
Fri 25 Jul 2014
Maggie's Cultural Crawl tickets now available
Fri 25 Jul 2014
Post Tower wins CTBUH 10 Year Award
Fri 25 Jul 2014
Two winners announced for Archifest Pavilion
Thu 24 Jul 2014
Jane Duncan selected as next President of the Royal Institute of British Architects
Thu 24 Jul 2014
Longo Park Design Workshop's Jay Longo and Jennifer Park to join Forum Studio
Wed 23 Jul 2014
Three experts in sports design relocate from HKS Sports (Dallas) to Gensler
Wed 23 Jul 2014
"Are transport destinations the next typology?"
Tue 22 Jul 2014