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Thread: 200 Greenwich Street - Proposed WTC Tower #2 - by Norman Foster

  1. #1576

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    New York Times
    April 10, 2015

    News Corp. and 21st Century Fox Consider Move to World Trade Center Site, Officials Say

    By CHARLES V. BAGLI


    The headquarters of News Corporation at 1211 Avenue of the Americas in Manhattan.

    News Corporation and 21st Century Fox, two giant media companies controlled by Rupert Murdoch, are considering building a joint headquarters in a new 88-story skyscraper at the World Trade Center, real estate and government officials said this week.

    If a deal is struck, the move by the companies from Midtown Manhattan to a new tower downtown would complete the rebuilding of the office complex destroyed on Sept. 11, 2001. It would also solidify the transformation of Lower Manhattan into a technology and media hub and a lively residential community.

    The companies, which include Fox News Channel and The Wall Street Journal, have been in discussions for months with the Port Authority of New York and New Jersey and the developer Larry Silverstein, who has the rights to build the fourth and last office tower at the site, known as 2 World Trade Center, according to the real estate and government officials, who asked not to be identified because the deal had not been finalized.

    “This move would establish media hegemony in Lower Manhattan,” said Mitchell Moss, professor of urban planning at New York University. “News Corp. and Fox are in everyone’s living room. It removes any uncertainty that the new trade center would be a major economic engine, and it validates the 15-year effort to rebuild the World Trade Center.”

    News Corporation and 21st Century Fox would require a substantial revision to the long planned 2 World Trade Center, at the corner of Vesey and Greenwich Streets, which was designed by the British architect Norman Foster. The companies want the base of what is now a cruciform-shaped tower with a diamond crown to accommodate television studios.

    Earlier in the year, the Murdoch companies looked and passed on the Related Companies’ Hudson Yards project on the Far West Side of Manhattan. The Murdoch companies are currently housed at 1211 and 1185 Avenue of the Americas.

    The discussions on the trade center are shrouded in a confidentiality agreement, but several executives who have been briefed on the plans say that both sides are spending an enormous amount of time and money assessing the feasibility of the project.

    Nathaniel Brown, a spokesman for 21st Century Fox, said on Friday, “Twenty-First Century Fox and News Corp. are each exploring options for their New York headquarters and the process is ongoing.’’

    The two media companies would join Condé Nast Publications, The Daily News, Time Inc., McGraw-Hill, American Media Inc. and MediaMath in moving to an area once known exclusively for its financial institutions.

    The tallest tower at the site, 1 World Trade Center, opened last year. Mr. Silverstein completed the 72-story 4 World Trade Center in 2013 and is now building 3 World Trade Center, an 80-story tower. But 2 World Trade Center, which is intended to have 3.1 million square feet, remained in the planning stages, without an anchor tenant to get the project off the ground.

    Even as the new trade center has taken shape, the surrounding Lower Manhattan neighborhood has undergone a remarkable transformation. The area, which 20 years ago often looked like a ghost town at the end of the work day, is now home to upscale restaurants, luxury retailers and more than 60,000 residents.

    The financial industry, which lent the neighborhood its name, still has a strong presence. The New York Stock Exchange remains on Wall Street. The Federal Reserve Bank is still on Liberty Street, and Goldman Sachs is an important downtown firm.

    But 1 Wall Street, the historic Art Deco home of Irving Trust and Bank of New York Mellon, is being converted into luxury apartments, as are many other older downtown office towers.

    Chase Manhattan Plaza was sold to a Chinese company. Time Inc., and its stable of magazines and digital media properties, is moving to the five-building office complex that was once known as the World Financial Center. Merrill Lynch and Nomura, a Japanese financial firm, are gone from the complex and its owners have renamed it Brookfield Place.

    © 2015 The New York Times Company

  2. #1577

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    Finally, good news! I hope that they decide to boost this tower 13 feet higher to match the original 2WTC's height... :-)

  3. #1578
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    Wow, that came out of seemingly nowhere. Great news!

  4. #1579
    Senior Member treebeard's Avatar
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    "News Corporation and 21st Century Fox would require a substantial revision to the long planned 2 World Trade Center, at the corner of Vesey and Greenwich Streets, which was designed by the British architect Norman Foster. The companies want the base of what is now a cruciform-shaped tower with a diamond crown to accommodate television studios."

    not good

  5. #1580

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    Faux News has real studios?

  6. #1581

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    Live from Ground Zero, it's Fox News. More feasting on the corpse of the old WTC by Newscorp. Can't wait to see Giuliani, the mayor of 9/11, at their new studios overlooking the memorial.

  7. #1582
    Forum Veteran Tectonic's Avatar
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    Barf.

  8. #1583
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    It's a business and so long as they pay their rent....and while I am not defending their media content or biases were this Google moving in, for example, I would say they are far more nefarious. I probably wouldn't like the policies of 99% of the companies located in any office tower.

  9. #1584

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    ^^^ Seriously? The posters above will let their partisan ideologies outweigh architectural sensibilities on an architecture forum? Do you really think having a fenced-off hole in the ground is preferable to having this building realized and the site finally (after what will have been nearly 20 years) completed - just because you apparently prefer having News Corp. in Midtown vs. Lower Manhattan?

    Get a grip... Now, I could understand if you had that to say about truly dangerous ideologues, like MSNBC or the New York Times...

  10. #1585

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    The comments are sarcastic, but they are underpinned by "architectural sensibilities."

    Bad enough that a piece of shit organization gets to make architectural demands on the building, but the changes would be significant. A podium would ruin a design that clearly was not meant to have one. And how might Silverstein recover the added expanse of a redesign? Is that crown providing any ROI? The changes that were made to tower 3 are nothing compared to what could happen to #2.

    To me, a temporary hole in the ground is preferable to a lousy building that will be around for half a century.

    What's the rush? The city can operate very well without tower 3 right now. Once the transit hub is complete, the entire site can be opened and function as an integral part of the Downtown fabric.

  11. #1586

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    Oh, the horror!!!! A major potential tenant may have a say in the design of a building their lease will likely fund.

    Remember who it is the buildings are actually built for. Hint: It's not people posting about architecture on web forums.

  12. #1587

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    $

    All you ever seems to matter to you.

    Besides, News Corp is already in the city. Net growth = 0.

  13. #1588
    Crabby airline hostess - stache's Avatar
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    The Bloomberg building has tv studios inside of it. I have done tv in buildings here with relatively small floor plates. It depends on how they want it done.

  14. #1589

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    Not money, at least in this case. I get annoyed by the fact that people think they have the right to control what other people do with their own property. The developer need to get tenants to get the building built. News Corp is potentially willing, if the building is modified to meet their needs. That modification may, to some people's eyes, make the building less aesthetically pleasing. Too damn bad. If they're not part of the deal, they should have no say in how the building is built.

    Have you ever owned a piece of property (better yet commercial property)? Have you ever had to deal with the issues surrounding such?

    Quote Originally Posted by ZippyTheChimp View Post
    $

    All you ever seems to matter to you.

    Besides, News Corp is already in the city. Net growth = 0.

  15. #1590

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    Quote Originally Posted by BBMW View Post
    Not money, at least in this case. I get annoyed by the fact that people think they have the right to control what other people do with their own property.
    Happens all the time. Hint: It's called society. And sorry, what you just said is still about money.

    Have you ever owned a piece of property (better yet commercial property)? Have you ever had to deal with the issues surrounding such?
    I owned real estate probably longer than you've been on the planet. I learned a long time ago that you can't just do what you want. It's no big deal.

    Do you have a family; if so, aren't you aware of its communal nature?

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