Larry Silverstein, Chairman of Silverstein Properties, chats with EisnerAmper Real Estate Services Group Partner Lisa Knee about the status of the World Trade Center complex and what the future holds for this important development project. In 2006, Silverstein Properties opened 7 World Trade Center, the first LEED-certified office building in New York City. Any disputes arising hereunder shall be governed by and construed in accordance with the laws of the State of New York, without giving effect to its conflicts of laws principles and rules. E+E Leader Announces 2020 Award Winners. Salaries posted anonymously by Silverstein Properties employees. Silverstein Properties — one of NYC’s most respected commercial developers — is the owner of the 2, 3, 4 & 7 World Trade Center office towers. LS: Well the energy, I can't tell you. After 9/11, we set a new standard for life safety, security and sustainability with 7 WTC. As such, you may not use, distribute, sell, modify, transmit, revise, reverse engineer, republish, post or create derivative works of the material on this website without Silverstein’s prior written permission in each instance. Silverstein Properties, Cantor Fitzgerald and University Place Associates (UPA), announced today that CBRE has been appointed the exclusive leasing agent at 3.0 University Place, a state-of-the-art life sciences-enabled building located in the rapidly growing submarket of University City. Ms. Mize also serves on the Real Estate Roundtable’s Sustainability Policy Advisory Committee. Silverstein Properties, Inc. provides real estate services. EisnerAmper provides some federal and state resources that are providing coronavirus-related assistance. I don't know although it’s probably due to the fact that my wife makes me a big breakfast every morning so I don't leave the house without a big bowl of oatmeal and freshly squeezed orange juice and a banana and all the good stuff. It's very difficult and inconvenient as well. Larry Silverstein of Silverstein Properties continues his conversation covering topics such as sustainability, Hudson Yards, strategies for long-term success and the World Trade Center. Morgan Stanley to Become First US Bank to Publicly Disclose How Much Its Loans and Investments Contribute to Climate Change. The single most immediate challenge and I want to get that done. 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(SPI) is a family held, full-service real estate development, investment and management firm based in New York City.Founded in 1957 by Chairman Larry Silverstein, the company specializes in developing, acquiring, and managing office, residential, hotel, retail, and mixed-use properties. In the conclusion of Lisa Knee’s interview, Larry Silverstein of Silverstein Properties shares his perspectives on philanthropy, the importance of giving back, and the impact such efforts have on the community. In the third part of a four part interview series, Larry Silverstein of Silverstein Properties continues his conversation with EisnerAmper Real Estate Partner Lisa Knee. Both Silverstein Properties and University Place Associates have been at the forefront of implementing sustainable practices into commercial properties. The information contained herein may change without notice. 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And so it's something that we just have to look at, understand, comprehend fully, and then embrace by way of being as sustainable as we possibly can be in everything we do, absolutely everything right? The information contained herein will only be considered a representation of Silverstein if repeated in a final contract signed by an authorized Silverstein representative. 12% less electricity usage than a conventional office building because of high-performance elevators, heating and cooling systems. Lisa Knee: We're sitting here today at 7 World Trade Center with one of the most iconic and successful developers of our time, Larry Silverstein. "The design of 4 World Trade center has two fundamental elements: a 'minimalist' tower that achieves an appropriate presence, quiet but with dignity, and a 'podium' that becomes a catalyst for activating the surrounding urban streetscape as par And if we don't take care of this environment, we're going to have a disaster. Any copies of the information you make from this website shall retain their copyright and any other intellectual property rights. 3 WTC is designed to the highest energy efficiency ratings, and has achieved LEED Gold Certification by the U.S. Green Building Council. New York’s headache. The Company invests, develops, and manages office, residential, hotel, and retail properties. Seven World Trade Center is the first LEED-certified office building in Manhattan. Nothing herein is intended to be an offer of property, leasehold, goods, services, employment or a representation as to property, or leasehold or goods or services or employment that will be provided to any person. By using this website, you consent to the collection and use of this information by Silverstein, as described above and the terms of use. Silverstein Properties, Inc. is a family held, full-service real estate development, investment and management firm based in New York City. The discussion covers topics such as sustainability, Hudson Yards, strategies for long-term success, and the completion of WTC 2. Sustainability Activities. Join to Connect. In 2013, UPA completed 2.0 University Place, the first multi-tenant, multi-certified LEED Platinum commercial office building in the … toes of economic, residential, retail and resort area. Silverstein makes no representations or warranties and shall take no responsibility for any content or material in such links. The firm is New York City's fifth-largest commercial landlord. The discussion covers topics such as sustainability, Hudson Yards, strategies for long-term success, and the completion of WTC 2. He represents owners of some of the most well-known real estate properties in New York City. Prior to joining Shorenstein, Ms. Mize was a regional manager with Carr Real Estate Services in Washington, D.C. where she was responsible for the property management oversight of a portfolio of Washington, D.C. properties. ... Corporate Sustainability and Social Responsibility. Founded in 1957 by Chairman Larry Silverstein, the company specializes in developing, acquiring, and managing office, residential, hotel, retail, and mixed-use properties. When it came time to redesign and rebuild the Seven World Trade Center, we went all the way in terms of sustainability and if there's something we could do, we did it. It's a vast development in size and that will take many, many years, 20 years and maybe longer, before it's finished. Silverstein reserves the right to change any of these terms of use without notice to you. Cutting-edge technology and advanced engineering mean lower costs for 3WTC tenants and a … LS: Lisa, it's an essential part of everything we do today to be concerned about our globe and to be concerned about the environment in which we live and function. You shall only use this website in a lawful manner and not in a way that disrupts or interrupts any service. You are using this website “as is” and at your own risk. In … EisnerAmper has deployed a Coronavirus - COVID-19 tax insights resource page. Silverstein Properties is taking the LEED in sustainable design at 3 World Trade Center. Larry Silverstein: I hope it's great but I’m not so sure about that. LS: Well I think Hudson Yards will do quite well. Use of this website is subject to these terms of use and all applicable laws. You agree that any personal information provided shall be subject to the terms contained in the Privacy Policy. Kenneth Weissenberg CPA, Tax Partner in Real Estate Services, is experienced in tax saving strategies and negotiating sales and acquisitions. This will give you the must updated information relating to tax changes. Great fun. But I will also tell you that the most immediate challenge is Tower Two. And I'm just thrilled to be able to go to work, to participate with a terrific team of young, exciting, knowledgeable, competent, educated, and experienced people who work as a team. About Silverstein Properties Silverstein Properties is a privately held, full-service actual property growth, funding and administration agency based mostly in New York. Any links provided by this website are for information purposes only. But I think it will do well I think that the advent of the 7 subway line is absolutely essential to that place. From Tragedy to Sustainability When tragedy strikes a city, it often presents an opportunity to rebuild in a better way. Carlos Valverde, vice president of real estate development at Silverstein Properties, said building in New York is “a headache” and “not for the faint of heart”, with regulations and codes changing between projects and having to relearn, as the firm tends to only get to build a new building every five to 6 years. Silverstein Properties is a privately-held, full-service real estate development, investment and management firm based in New York. ... New Asset Management Director at Kulczyk Silverstein Properties In tense 11th-hour negotiations, developer Larry Silverstein - a native son - and his partners at Los Angeles-based Westfield America inked a deal that would give Silverstein Properties a 99-year lease with annual payments estimated at more than $200 million on one of the city's most recognizable complexes. Silverstein obtains some of the information on the website from third parties and makes reasonable efforts to provide accurate information on the website. While we support the protection of privacy on the Internet, Silverstein cannot be responsible for the actions of third parties. Both Silverstein Properties and University Place Associates have been at the forefront of implementing sustainable practices into commercial properties. I'm concerned because I think one line is totally inadequate, I think it's going to need more. You irrevocably submit to the exclusive jurisdiction of the Federal and New York State courts located in the County of New York for purposes of any suit, action or other proceeding arising out of this Agreement, and you knowingly, voluntarily and intentionally waive any right you may have to a trial by jury in any action brought with respect to the same. EisnerAmper’s Lisa Knee interviews Larry Silverstein of Silverstein Properties in the second part of a four video feature. You agree that these terms of use constitute the entire and integrated agreement of the parties with respect to the subject matter contained herein. LK: You've always been at the forefront of sustainability. When you access our websites, opt to fill out an information submission form, or otherwise provide Silverstein with your personal information you give Silverstein your consent to process and use such submitted information in accordance with the terms and conditions of this Privacy Policy. And to restore and try to get those buildings into a sustainable position is excruciatingly difficult and tough, especially with tenants in possession so 10 people have to move out and then they start rebuilding the space.