CONSTRUCTION FOR ONE WORLD TRADE CENTER REACHES 26TH STORY

NEW YORK CITY — Construction for One World Trade Center has reached the 26th floor. Scheduled for completion in 2013, construction is expected to reach the 50th floor by the end of this year. Ultimately, the tower will rise 104 stories and 1,776 square feet. It will contain 2.9 million square feet of Class A office space, 190,810 square feet of which has already been leased to China Center New York LLC. Additional tenants already committed include the New York State Office of General Services and the U.S. General Services Administration. Developed by the Port Authority of New York and New Jersey, the One World Trade Center project also includes 500,000 square feet of retail space, the WTC Transportation Hub and the 9/11 Memorial and Museum. The project will be applying for LEED-Gold certification. The project architect is Skidmore, Owings & Merrill. A team of Cushman & Wakefield brokers led by Tara Stacom and Allan Stein is leasing the property.