5 World Trade Center, via YIMBY Reader

City Agencies Broker New Deal With Developers to Bring 5 WTC to Market

State agency The Port Authority and Lower Manhattan Development Group have agreed to issue a joint RFP and divide proceeds generated from the development of 5 World Trade Center. A lengthy dispute between the parties had prevented any progress on the final remaining site within the World Trade Center complex, though it still remains unclear what future property will rise from the parcel, which could yield a tower spanning over one million square feet.

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New Design for Silverstein’s Massive Two-Towered 520 West 41st Street Revealed, in Midtown West

YIMBY has an exclusive new rendering, which is possibly the final design, for 520 West 41st Street, located in Midtown between Eleventh Avenue and Galvin Avenue. Silverstein Properties, the owner, has hired CetraRuddy Architecture to design the estimated one million square foot mixed-use project consisting of two glass towers atop a substantial retail podium. Leeding Builders Group will be the general contractor.

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