Wednesday 11 September 2019

The Closing: Larry Silverstein

Larry Silverstein (photo by Max Dworkin) Just over 10 years ago, Larry Silverstein, president and CEO of Silverstein Properties, closed on the then-largest real estate transaction in the city’s history: a $3.25 billion, 99-year leasehold on the Port Authority’s 10.6 million-square-foot World Trade Center site. Seven weeks later, the buildings were destroyed in the Sept. 11 terrorist attacks, and Silverstein has spent the better part of the past decade focused on the rebuilding. His 52-story, […]



source https://therealdeal.com/issues_articles/the-closing-larry-silverstein/#new_tab

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