Posted Feb 11, 2021, 10:33 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,900
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https://www.nydailynews.com/new-york...outputType=amp
Residential tower proposed at lower Manhattan site of former Deutsche Bank building badly damaged in 9/11 attack
By CLAYTON GUSE and LEONARD GREENE
FEB 11, 2021
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The Port Authority announced plans on Thursday for a World Trade Center development at the site of the former Deutsche Bank building that would include more residential units than any building in Manhattan.
The 900-foot development would take root at 5 World Trade Center on land once occupied by the iconic bank building, whose heavy damage in the aftermath of the 9/11 attack symbolized the devastation that struck the entire city.
But out of those ashes comes a plan for a glistening skyscraper just south of the main 16-acre World Trade Center site, where the hulking Freedom Tower keeps watch over lower Manhattan and the proud, resilient city.
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Moving day is a ways off; the project needs lease approval, public hearings and sign-off from the Lower Manhattan Development Corporation and the state Environmental Development Council. Officials said construction could begin in 2023.
Plans call for 1.56 million square feet total, including 1.2 million square feet -- 80 floors -- of residential space, 190,000 square feet of office space, 7,000 square feet of retail space and 67,000 square feet of community and public amenities.
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“It takes a community of not just office buildings to make a vibrant downtown,” said Port Authority Vice Chairman Jeffrey Hayden Lynford.
Port Authority Executive Director Rick Cotton said the development would have more residential housing units than any single building in the borough.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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