World Trade Center arbitration panel will reveal Ground Zero project’s fate on 12 March
Reports circulating in New York suggest that developer Silverstein Properties may have to sacrifice the Foster-designed project, known as Tower Two to guarantee the completion of Rogers’ cheaper Tower Three.
The rumours mark the latest episode in the ongoing dispute between The Port Authority of New York & New Jersey and Larry Silverstein over how the development of the Ground
Zero site should progress.
Central to the dispute is the Port Authority’s proposal to dramatically scale back the masterplan, originally drawn up by Daniel Libeskind. The revised scheme would half the amount of office space at the site, reducing both of the towers designed by English architects to four-storey, low-rise stubs.
Last month, a World Trade Center arbitration panel was set up to try and resolve the dispute, giving the two parties 45 days to agree a new construction schedule and to resolve the funding shortfalls.
The future of the two British-designed World Trade Center towers will become clearer on 12 March, when the panel’s deadline is reached.
Also in New York, both Foster’s 79-storey tower at 200 Greenwich Street and Rogers’ 71-storey tower at 175 Greenwich Street remain on hold.
Neither Foster + Partners nor RSH+P were willing to comment.