Business: The New World Trade Center

More than 13 years after the original towers were destroyed in the 9/11 attacks, New York’s World Trade Center has officially re-opened for business. Employees at publishing giant Conde Nast are now starting to move into the 104-story One World Trade Center.  The $3.8 billion skyscraper took eight years to build and it is now the tallest building in the U.S. According to the Skidmore, Owings & Merrill firm that produced the final design of the building, the high-rise went beyond the city’s existing building code. It is 60% leased and the government’s General Services Administration has signed up for 275,000 square feet. Space has also been leased to the advertising firm Kids Creative and the China Center, a trade and cultural space. The 1,766 ft. tall skyscraper is at the center of the site, which includes a memorial in the footprints of the old towers and a museum. In addition, an observation deck at the top of the building will be open to the public soon. “The New York City skyline is whole again,” said Patrick Foye, executive director of the Port Authority and owner of the restored site.

Contributor: Chelsea Edirisuriya



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