Investing and Global Finance News

World Trade Center Re-Opens in Lower Manhattan

World Trade Center
New World Trade Center Tower dominates NYC skyline

Just a tad more than 14 years after the horrifying events of September 11, 2001, a new building has re-opened on the site of the destroyed Twin Towers. Also called the World Trade Center, the country’s tallest building stands at 104 stories and cost $4.22 billion to construct.

The new tower is the centerpiece of the 16-acre site, and joins its surrounding skyscrapers to help fill the void in the New York City skyline left by the 2001 terror attacks. About 2,700 people died there some in the fireball created when two airplanes collided directly with the towers, and many under the smoking concrete and steel of the collapsing behemoths.

“The New York City skyline is whole again, as One World Trade Center takes its place in Lower Manhattan,” said Patrick Foye, executive director of the Port Authority of New York and New Jersey that owns both the building and the World Trade Center site.

He added that the tower “sets new standards of design, construction, prestige and sustainability; the opening of this iconic building is a major milestone in the transformation of Lower Manhattan into a thriving 24/7 neighborhood.”

Giant of the publishing world Conde Nast will begin moving into their new digs on Monday. Of the company’s 3,400 employees, only about 170 will be moving in immediately, taking their places on five floors of office space. About 3,000 more workers should be moving in by early 2015.

Sorry, comments are closed for this post.