Ground Zero towers delayed up to 20 years, says report
Richard Rogers and Norman Foster’s towers for Ground Zero in New York may not be completed for another 20 years, according to a leaked reported by the city’s Port Authority
Real-estate consultant Cushman & Wakefield, which published the report, said the New York property market cannot support the extra 700,000m² of commercial space that the towers would create.
The report claims Tower 3, by Rogers Stirk Harbour + Partners, will not be built until 2030 and fully let by 2037, while Tower 2, by Norman Foster + Partners could be built by 2013, but not fully let until 2026.
The Port Authority commissioned the report after the developer, Silverstein, asked the organisation to act as a ‘backstop’ on a financial agreement for the buildings.
Foster’s project has already been delayed due to the client failing to handover the site on schedule. A spokesman for the development told the AJ the delayed handover had nothing to do proposed design alterations. ‘There has been no changes to the design. They remain as they were when the plans were originally submitted.’