Trade Center to Rise Again: Developer
The developer who led the group that bought a 99-year lease of the World trade Center is saying that he is determined to help rebuild the complex. He also wishes to resurrect 7 World Trade Center, a neighboring building that also collapsed, the Wall Street Journal reported in its online edition on Friday. “It would be the tragedy of tragedies not to rebuild this part of New York,” real-estate magnate Larry Silverstein is quoted as saying. Silverstein took over the WTC’s lease in a $3.2 billion deal with his partner Westfield America Inc. in late July. Not to rebuild, he said, “would give the terrorists the victory they seek.” The World Trade Center served as an anchor to the southern tip of Manhattan, a landmark — albeit a controversial one when it opened in the early ’70s, owing to its gargantuan size. Its tall, gleaming steel towers were visible to all arriving planes and ships and provided a majestic backdrop to another landmark directly across from them in New York Harbor, the Statue of Liberty.