Larry Silverstein appearing for the UJA-Federation of New York in 2014
Born
(1931-05-30) May 30, 1931 (age 92)
New York City, U.S.
Nationality
American
Alma mater
New York University
Occupation
Owner of Silverstein Properties
Spouse
Klara
(m. 1956)
Children
3
Larry A. Silverstein (born May 30, 1931) is an American businessman.[1] Among his real estate projects, he is the developer of the rebuilt World Trade Center complex in Lower Manhattan, New York City, as well as one of New York's tallest residential towers at 30 Park Place, where he owns a home.[2]
Silverstein was born in Brooklyn, and became involved in real estate, together with his father, establishing Silverstein Properties. Silverstein separated from his business partner, Bernard Mendik, in 1977, and bought a number of large office buildings in Midtown and Lower Manhattan in the late 1970s. In 1980, he won a bid from the Port Authority of New York and New Jersey to construct 7 World Trade Center on Vesey Street, just north of the main World Trade Center site. He was interested in acquiring the original World Trade Center complex, and put in a bid when the Port Authority put it up for lease in 2000. He won the bid when a deal between the initial winner and the Port Authority fell through, and he signed the lease on July 24, 2001.
Soon after the September 11 attacks, in 2001, Silverstein declared his intent to rebuild, though he and his insurers became embroiled in a multi-year dispute over whether the attacks had constituted one event or two under the terms of the insurance policy, which provided for a maximum of $3.55 billion coverage per event.[3] A settlement was reached in 2007, with insurers agreeing to pay out $4.55 billion,[4][5] which was not as much as Silverstein had sought. He also ran into multiple disputes with other parties in the rebuilding effort, including with the Port Authority. In an agreement reached in April 2006, Silverstein retained rights to build three office towers (150 Greenwich Street, 175 Greenwich Street, and 200 Greenwich Street), while One World Trade Center (previously referred to as the "Freedom Tower") would be owned by the Port Authority, as would Tower Five, which it would have the option of leasing to a different private developer and having redesigned as a residential building.[6]
^"Larry A. Silverstein". Bloomberg Businessweek. Archived from the original on July 28, 2013. Retrieved April 23, 2013.
^Keith Flamer (May 31, 2018), "30 Park Place Unveils Penthouse 82, New York City's Tallest Sky Perch", Forbes
^Ackman, Dan (July 23, 2003). "Larry Silverstein's $3.5B Definition". Forbes.
^Brown, Eliot (March 10, 2009). "Refi in FiHi! Silverstein, Port Talk WTC Dates, Funds". The New York Observer. Retrieved March 11, 2009
^Van Voris, Bob (September 19, 2013). "World Trade Center Developer Silverstein's Suit Dismissed". Bloomberg News. Retrieved May 27, 2020.
^Gelinas, Nicole (Autumn 2006). "Freeing us from Freedom Tower". City Journal.
Larry A. Silverstein (born May 30, 1931) is an American businessman. Among his real estate projects, he is the developer of the rebuilt World Trade Center...
management firm based in New York City. Founded in 1957 by Chairman LarrySilverstein, the company specializes in developing, acquiring, and managing office...
west, and north, respectively. 7 World Trade Center was developed by LarrySilverstein, who holds a ground lease for the site from the Port Authority of...
Center, following a master plan by Studio Daniel Libeskind. Developer LarrySilverstein holds the lease to retail and office space in four of the site's buildings...
as ThinkCode, D100 Radio, and Chérie L'Atelier des Fleurs. LarrySilverstein of Silverstein Properties, the leaseholder and developer of the complex, retains...
Sheldon Allan Silverstein (/ˈsɪlvərstiːn/; September 25, 1930 – May 10, 1999) was an American writer, poet, cartoonist, singer-songwriter, musician, and...
to be built there. LarrySilverstein had leased the original World Trade Center from the PANYNJ in July 2001. His company Silverstein Properties continued...
measured by roof height. LarrySilverstein had leased the original World Trade Center from the PANYNJ in July 2001. His company Silverstein Properties continued...
Craig Silverstein (born 1972 or 1973) is a software engineer and was the first person employed by Larry Page and Sergey Brin at Google, having studied...
own lobby on Barclay Street, which opened in September 2016. LarrySilverstein'sSilverstein Properties, developer of the nearby World Trade Center, purchased...
LarrySilverstein, who's a friend of mine, who's a great developer in New York and a really good guy. And I hate the design, and I don't think Larry likes...
Edward J. DeBartolo Jr., Donald Bren, Stephen M. Ross, Sam Zell, and LarrySilverstein combined. Numerous legal matters and investigations occurred during...
of the buildings. LarrySilverstein had leased the original World Trade Center from the PANYNJ in July 2001. His company Silverstein Properties continued...
August 21, 2020. Retrieved June 14, 2015. Blidner, Rachelle; Silverstein, Jason; McShane, Larry (June 12, 2015). "NAACP leader of Washington state chapter...
issues were resolved on April 26, 2006 with a deal between developer LarrySilverstein and the Port Authority of New York and New Jersey. During the summer...
Paris Two World Trade Center New York City, office building On hold, LarrySilverstein identified possible tenants News Corporation and 21st Century Fox...
Trade Center site concluded in April 2006, with private developer LarrySilverstein yielding his right to develop on the site designated for One World...
Silicon Valley, Eugene Kleiner, and the World Trade Center site owner, LarrySilverstein, are also alumni. Silicon Alley Portal: New York City Other consists...
PBS documentary America Rebuilds, which aired in September 2002, LarrySilverstein, the owner of 7 WTC and leaseholder and insurance policy holder for...
five-block redevelopment project around the studio, in conjunction with LarrySilverstein, Bedrock Real Estate, and ODA Architecture. The area would be called...
Marketing, a residential sales company. In early 2001, he partnered with LarrySilverstein and Lloyd Goldman to purchase the lease of the World Trade Center...
side of the towers. The Silver Towers were completed in June 2009. LarrySilverstein, who developed the buildings, bought the block between 42nd and 41st...
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