Silverstein Said Moving Toward Two Deals at Trade Center
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Larry Silverstein has formal proposals from two potential tenants for 3 World Trade Center, which if accepted would allow the developer to build the skyscraper to its full 80 stories, two people with knowledge of the negotiations said.
Group M, a division of WPP Plc, the world’s largest advertising company, and law firm White & Case LLP have sent statements saying they are interested in taking as much as 1.1 million square feet (102,000 square meters) combined at the tower, said the people, who asked not to be named because the talks are private. No terms have been agreed upon, they said.