Silverstein May Start Building Final WTC Tower Without Signed Tenant
- Developer says it is considering starting building ‘on spec’
- Project marks culmination of firm’s revival of lower Manhattan
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Silverstein Properties Inc., the developer that rebuilt lower Manhattan after the destruction of the twin towers in the Sept. 11, 2001, terrorist attacks, may begin work on its final World Trade Center skyscraper before signing a lease for the building.
The firm might build 2 World Trade Center “on spec,” or without a committed tenant, Chairman Larry Silverstein said in an interview. The building’s foundation was started, with no further work done because the developer hadn’t found a company to anchor the space. But a strong economy and leasing progress at neighboring towers may change those plans, he said.