Silverstein Properties
American real estate development firm
Silverstein Properties Inc. is a family-held, full-service real estate development, investment and management firm based in New York City . Founded in 1957 by Chairman Larry Silverstein , the company specializes in developing, acquiring, and managing office , residential , hotel , retail, and mixed-use properties. The firm is New York City's fifth-largest commercial landlord.[ 1]
Silverstein Properties' real estate business has been one of the largest investors in New York City real estate over the past fifty years,[ 2] having developed, owned and managed more than 40 million square feet of office, residential, hotel and retail properties including the new World Trade Center , 30 Park Place (Four Seasons Private Residences New York Downtown) , 120 Wall Street , Equitable Building , and Americas Tower .[ 3]
Silverstein Properties is headquartered at 7 World Trade Center in Manhattan , New York City.[ 4]
Company
Silverstein Properties has developed, owned, and managed more than 40 million SF (3.25 million m2 ) of commercial, residential, and retail space. Prior to joining the firm, Silverstein Properties' executives and professionals developed in excess of 100 million SF (9.3 million m2 ) in the United States and abroad.[ 3]
Silverstein Properties' portfolio includes 13.4 million[ 1] square feet of office, residential and retail properties and $10 billion of current development. Notable past and current projects include:[ 5]
Recognition
Since 2012, SPI has been ranked 33rd of the "Best Places to Work in New York City" by Crain's.[ 29]
References
^ a b "NYC's Top 10 Biggest Landlords" . April 29, 2015.
^ "Silverstein Properties History | Commercial Real Estate" . www.silversteinproperties.com . Retrieved July 17, 2016 .
^ a b "About Silverstein Properties | New York Real Estate" . www.silversteinproperties.com . Retrieved July 17, 2016 .
^ "Silverstein Properties – TRD Research" . The Real Deal . March 19, 2019. Retrieved August 17, 2020 .
^ Larry Silverstein, Silverstein Properties . Commercial Observer 2013
^ "Tribeca Condominiums for Sale in NYC with Sweeping Views | 30 Park Place, Four Seasons Private Residences New York Downtown" . 30 Park Place . Retrieved July 17, 2016 .
^ Westfeldt, Amy (May 23, 2006). "First Rebuilt Skyscraper at WTC Opens" . The Washington Post . ISSN 0190-8286 . Retrieved April 23, 2018 .
^ "First World Trade Center tower opens 12 years after 9/11" . NY Daily News . Retrieved April 23, 2018 .
^ "Under Construction: Inside the Nearly Completed 3 WTC" . Commercial Observer . February 13, 2018. Retrieved April 23, 2018 .
^ "Murdochs abandon 2 World Trade, Silverstein soldiers on" . Politico PRO . Retrieved April 23, 2018 .
^ "One West End" . www.1westend.com . Retrieved July 17, 2016 .
^ "Silverstein buys majority stake in Taconic's 619 West 54th" . February 1, 2017.
^ * Equitable Building
^ "529 5th Avenue | NYC | Commercial Real Estate" . www.silversteinproperties.com . Retrieved July 17, 2016 .
^ a b Gross, Daniel (September 19, 2006). "SILVERSTEIN MOVES INTO RESIDENTIAL IN '90S" .
^ "Another out-of-town firm shows interest in D.C. – The Washington Post" . The Washington Post .
^ Kennedy, Shawn G. (August 3, 1983). "Sale of 2 Large Buildings in Manhattan Stirs Interest" . The New York Times .
^ Horsley, Carter B. (July 26, 1978). "Real Estate" . The New York Times .
^ Clarke, Katherine. "World Trade Center developer Silverstein Properties files suit over botched $138M deal for East Side tower – NY Daily News" . New York Daily News .
^ "Who Wants to Move to Ground Zero?" . NYMag.com .
^ "Larry Silverstein to build city's tallest apartment tower" . July 2, 2014.
^ a b c d e f g h Baird-Remba, Rebecca (July 9, 2018). "Silverstein Prepares to Buy ABC Campus for $1.2B" . commercialobserver.com . Retrieved January 17, 2019 .
^ "Larry Silverstein marks first foray overseas" . December 9, 2011.
^ "LA's US Bank Tower sold to World Trade Center developer" . Fox Business . Associated Press . July 22, 2020. Retrieved January 29, 2021 .
^ "Silverstein Properties Closes on $430M US Bank Tower Buy" . The Real Deal Los Angeles . September 16, 2020. Retrieved May 20, 2021 .
^ Bergholz, William (August 6, 2020). "U.S. Bank Tower sold to Trade Center developer" . Los Angeles Downtown News . Retrieved May 20, 2021 .
^ Gonnabe. "ETHOS – In the Heart of Warsaw High Street • News • Kulczyk Silverstein Properties" . ksprop.com .
^ Qianhai Economic Zone
^ "No. 33 Silverstein Properties – Best Places to Work 2012 – Crain's New York Business" . November 8, 2012.
External links
First WTC (1973–2001)
Second WTC (2001–present)
Site, towers, and structures Rapid transit
PATH stations
New York City Subway stations
Chambers Street–WTC/Park Place/Cortlandt Street (2 , 3 , A , C , E , N , R , and W trains)
WTC Cortlandt (1 train)
Fulton Street (2 , 3 , 4 , 5 , A , C , J , and Z trains)
Fulton Center
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