American Express to Anchor Final 2 World Trade Center Tower

Larry Silverstein and American Express partner to develop the final 55-story tower at 2 World Trade Center. Designed by Foster + Partners, the project marks a historic milestone for Lower Manhattan's skyline.

Larry Silverstein will develop the job for Amex, which will take control of the land previously leased to Silverstein by the Port Authority. Amex is currently based at neighboring 200 Vesey Street, where Amex and Brookfield Characteristics each has half the tower.

A New Landmark at 200 Greenwich Road

2 World Trade will certainly have the lawful address of 200 Greenwich Road. Building is to start almost immediately and the structure to be ended up in 2031. Amex will certainly be the single proprietor and owner of the 55-story, nearly two million square-foot tower designed by Foster + Partners.

Although Silverstein, 94, developed the three various other towers, he regarded it as his “life’s job” to get the missing link off the ground in his life time. “I think this moment, it’s mosting likely to occur,” he told The Blog post in late 2024.

Economic Resilience and Growth in Lower Manhattan

Yet the location rebounded and saw workplace leasing hit record high degrees in 2014. The World Profession Facility office buildings are thriving. Millions flock to the gallery, reflecting shops and pools and restaurants.

CBRE’s Mary Ann Tighe, who represented Silverstein in the negotiations with the Port Authority and Amex, stated, “It appears particularly fitting that the last building to rise on the site needs to have the word ‘American’ plainly displayed on it. Kudos to a fantastic firm for making a bold and fantastic patriotic gesture to its home town and its native land.”

The deal is memorable for Lower Manhattan, which battled to rebound from the 2007 Wall surface Street collision, Cyclone Sandy, and the Covid-19 pandemic. Many firms relocated rich, leaving ratings of outdated older buildings.