Remaining World Trade Center Site to Be Co-Developed by Silverstein and Brookfield

The Port Authority of New York and New Jersey unanimously selected Silverstein Properties and Brookfield Properties as the winning bidders to develop the remaining site within the six-building complex. Having entered into a 99-year ground lease with the bi-state agency, the co-developers plan to construct a 900-foot, 1.6 million-square-foot mixed-use tower on the 5 World Trade Center site. The new structure will host 1,325 rental units spread across 1.2 million square feet, of which a portion will be set aside for affordable housing, along with additional space designated for office, public amenity, community, and retail uses.

Source:    https://commercialobserver.com/2021/02/silverstein-brookfield-win-bid-to-build-mixed-use-tower-at-5-world-trade-center/