One name runs through the project like a thread, interwoven into every aspect of the reconstruction. Larry Silverstein. It’s been a rough ride. Silverstein had bought the towers in July 2001 for $3.2bn and six weeks later they were rubble. The task to bring together the disparate parties in the emotionally charged atmosphere has been a tremendous achievement. Many said he couldn’t do it. It’s a real life epic.
Having these huge sums of money at stake has inevitably resulted in some of New York’s most powerful organisations wrangling for a piece of the action. Battles have been fought and won on so many fronts, not least being Silverstein’s wangle with the insurers over whether the attacks were classified as one, resulting in a payout of $3.5bn or two with a payout of $7.0bn. Six years of litigation resulted in a payout of $4.6bn. Then there was Mayor Bloomberg, who wanted to take the project from Silverstein, Pataki, New York’s Governor who controlled the port authority and owned the land, Daniel Libeskind who won the design competition and was ousted by Silverstein in favour of David Childs of SOM. Bloomberg’s second term in office started with a renewed attack on Silverstein’s control and after months of “negotiations” the rights to the Freedom Tower were reluctantly handed over leaving the developer with the three commercial towers ........read full article
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Thumbnail images from left to right: Foster's Tower 2, Roger's Tower 3, Maki's Tower 4, Calatrava's transport hub, the design studio at 7 World Trade Centre and the WTC siteplan.