Overview

Mega-developer Larry Silverstein (responsible for the highly anticipated Freedom Tower) is adding yet another residential project to his extensive downtown collection. After building three commercial towers (totaling about 6.2 million square feet of space and 52 stories) at 7 World Trade Center, Silverstein Properties quickly sought to construct a gigantic lavish hotel/condominium just a block north of ground zero realizing that there was little comparable residential competition in the area. The 80 story building will house 143 condominiums making it the largest residential building in Manhattan. However, this development is different than most residential projects of its kind. The first 22 floors will house a Four Seasons Hotel and a restaurant while the upper 48 floors will be constructed into extravagant condominiums. Although the building will not be completed until 2011, the anticipation for the structure has steadily risen ever since the development was announced in late 2006.

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