blank blank blank blank Rebuilding New York
blank
   Home       
blank
blank blank blank blank
blank blank Our sympathy blank
blank blank blank blank
blank
blank blank blank blank
blank blank

National Real Estate Investor and PRIMEDIA Business Magazines & Media would like to express our deepest sympathies to the families and friends of the victims of the September 11 attacks on our country. Our thoughts and prayers are with you.

blank
blank

blank
blank blank blank blank
blank blank More info blank
blank blank blank blank
blank
blank blank blank blank
blank blank
New locations of displaced WTC tenants

Building Status Update
12/17/01


World Trade Center tenant listing

World Trade Center retail tenant listing

blank
blank

blank
blank blank blank blank
blank blank NREI staff blank
blank blank blank blank
blank
blank blank blank blank
blank blank
Matt Valley
Editor
770-618-0215
E-mail
Steve Webb
Managing Editor
770-618-0253
E-mail
Stephen Ursery
Senior Associate Editor
770-618-0216
E-mail
Cristina Gair
Associate Editor
212-462-3645
E-mail
Jessica Miller
Associate Editor
770-618-0133
E-mail
blank
blank

blank
blank blank blank blank
blank blank Comments and questions blank
blank blank blank blank
blank
blank blank blank blank
blank blank Do you have a comment, observation or question about how the attacks on New York City and Washington D.C. are affecting the commercial real estate industry? Send us an e-mail.

blank
blank

Employees back to work in 70% of Downtown Manhattan office buildings

 By Cristina Gair, Associate Editor

Online Exclusive, Sep 25 2001

Print-friendly format E-mail this information


NEW YORK — Employees located near "ground zero" of the World Trade Center destruction have returned to work in office space that wasn’t damaged in the terrorist attacks. As they resume their work routines, employees are aware that rescue workers and clean up crews continue to toil in the gaping hole where the huge WTC towers and other destroyed office buildings used to stand.

A special report by New York-based Insignia/ESG on the impact of the Sept. 11 WTC attack reveals that 70% of Downtown office space wasn’t damaged. In the Downtown area, 28.7 million sq. ft. of office space sustained at least some damage. The report notes that most of the 15 million sq. ft. of space that was damaged but not destroyed will be habitable by Oct. 1.

The terrorist attack affected nearly 1,300 Downtown businesses. Of the businesses that became displaced, 31 occupied more than 100,000 sq. ft. of office space. Four tenants occupied 1 million sq. ft. or more of office space.

The Insignia/ESG team also outlined the extent of damage to buildings. Three buildings comprising 4.8 million sq. ft. sustained some structural damage — 3 World Financial Center, 140 West Street and 130 Liberty (Bankers Trust Plaza). These buildings are slated to be repaired within nine months.

Seven additional buildings suffered window and façade damage — 1 and 2 World Financial Center, 1 Liberty Plaza, 101 Barclay Street, 90 and 100 Church Street and 22 Cortlandt Street. These buildings, comprising 10.1 million sq. ft., are expected to be habitable within two to three months. Another building, 4 World Financial Center, was not significantly damaged, but remains inaccessible at the present time due to debris, the destruction of the north pedestrian bridge and damage to the south pedestrian bridge.



© 2008, Primedia Business Magazines and Media, a PRIMEDIA company. All rights reserved. This article is protected by United States copyright and other intellectual property laws and may not be reproduced, rewritten, distributed, redisseminated, transmitted, displayed, published or broadcast, directly or indirectly, in any medium without the prior written permission of PRIMEDIA Business Corp.

 
Print-friendly format E-mail this information
blank
blank blank blank blank
blank blank NREI Newsline poll blank
blank blank blank blank
blank
blank blank blank blank
blank blank
  As a lender, if a prospective borrower were to inform you that a property he is refinancing, purchasing or developing does not carry terrorism insurance, would you:
  approve the loan anyway
  reject the loan
  make loan approval contingent on the applicant fulfilling certain requirements
  other
   
  View Results 
blank
blank

blank
blank blank blank blank
blank blank Other Primedia Business magazines blank
blank blank blank blank
blank
blank blank blank blank
blank blank
Access Control & Security Systems Next
American School & University Next
HomeCare Next
Fire Chief Next
Registered Rep. Next
Rental Equipment Register Next
Retail Traffic Next
Trusts & Estates Next
Waste Age Next
Wireless Review Next
blank
blank

blank
blank blank blank blank
blank blank Industry links blank
blank blank blank blank
blank
blank blank blank blank
blank blank
Building Owners and Managers Association

International Council of Shopping Centers

Journal of Property Management

National Association of Industrial and Office Properties

National Multi Housing Council

Society of Industrial and Office REALTORS

Urban Land Institute

Wall Street Journal

blank
blank

blank
blank