Saturday, September 10, 2011

New One World Trade Center Rises As Memorial And Workplace - Secaucus New Jersey News | Secaucus New Jersey News

New One World Trade Center Rises As Memorial And Workplace

September 10, 2011 | Filed underHeadlines | Posted by

One World Trade Center Rises As Memorial

The new One World Trade Center skyscraper towers more than 80 stories above ground as it inches to its planned 1,776 foot height — symbolic of the date of America’s independence. The memorial plaza is ready and the neighborhood has enjoyed a revival making it a trendy Manhattan place to live. Today, what remains with the Twin Towers is a memorial and a workplace. A new One World Trade Center (WTC) will rise in the site as a memorial and a workplace. Mr. Larry Silverstein, the World Trade Center’s developer vowed to rebuild two days after the Twin Towers collapsed. The event was followed by one of the most fearsome real estate disputes of recent times. Instead of completing the building all over again in a sweeping manner as a sign for standing up from the threat, the political and financial battle drew in elected officials and insurance companies to delay the construction for years.

Silverstein Holds Ceremonial Keys To WTC

Developer Larry Silverstein holds the keys to the new One World Trade Center. The opportunity happened when the when the executives of the Port Authority of New York and New Jersey presented Silverstein the keys of WTC on July 24, 2001. The construction is finally proceeding swiftly, with the Sept. 11 memorial opening to the public and the first office towers scheduled to be finished by 2013. The final financial tally won’t be possible for years and will depend largely on whether millions of square feet of office space are filled.

The Most Expensive Tower In U.S.

The Port Authority got ownership of the 1,776-foot One World Trade Center, which is tallest office building on the site. Due to high security in that building, the cost ballooned to more than $3 billion, making it the most expensive office tower in the U.S. Mr. Silverstein is expecting to gain big returns if the buildings under construction eventually fill up with tenants. His group owns one of the skyscrapers set to be finished in 2013 and has the rights to build two others. It put about $125 million of equity into the original deal and got all of that initial investment back as part of another settlement with the Port Authority and insurers.

Threat To New York And D.C.

Ten years has passed after the September 11 attack, New Yorkers have learned to move on from the tragic event. Now that the anniversary of the 9/11 attack is closing in, the New York police heightened its security in New York on Friday in response to a credible but unverified threat of an al Qaeda plot to attack the city again. According to sources, the plan to attack is set on the anniversary of the World Trade Center towers by hijaked airplanes.

Ceremony At One World Trade Center

The ceremony on Sunday includes moments of silence to mark the time when hijacked passenger planes hit the Twin Towers as well as when they collapsed. A moment of silence will also be given to victims of terrorism marking when hijacked planes crashed into the Pentagon in Washington and a field in Shanksville, Pennsylvania. President Barack Obama and former President George W. Bush will be among dignitaries joining victims’ families to hear the reading of the names of those who died on September 11.

In this article you learned that a new One World Trade Center skyscraper towers of more than 80 stories above ground will stand on the place where the Twin Towers attacked by terrorist once stood. The attack on September 11 was a ground breaking and a life-changing event for all the Americans. The world was on the watch to see what will occur after the crisis.

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