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Land Swap out, Chinatown in for WTC Plans

NEW YORK CITY-At yesterday's BOMA conference, City Council member Alan Gerson said that new office guidelines on the World Trade Center site may be scaled back to six million sf, and that some of the displaced office space could move into Chinatown. Additionally, Council Land Use Committee chair Melinda Katz indicated that plans for a land swap with the Port Authority are no longer on the table.

By Michael Gilliard | Updated on October 11, 2002

NEW YORK CITY-New York City Council member Alan Gerson yesterday told attendees at the 35th annual Building Owners and Managers Association conference, held at the Marriot Marquis hotel, that part of the 11 million sf of office space originally mandated for World Trade Center site plans may be moved into Chinatown to establish an “Asia Pacific trade center.” He also claimed the redevelopment of Lower Manhattan would be “mostly done” by 2012, when the Olympics may descend upon the city.

“There was formerly a requirement for 11 million sf of office space, and we are now exploring a range of options starting at 6 million sf,” said Gerson. The City Council and several local resident groups are scheduled to present a redevelopment proposal to the Lower Manhattan Development Corp. “within the next few weeks,” he said. Additionally, Gerson told attendees that multifamily construction will likely not be included in future plans. “I’m not quite sure we’re going to have residential housing on the site as this moves forward.”

Gerson’s assertion that no residential would be put build on the WTC site is concurrent with the current high-bulk commercial zoning for the area. The LMDC can, however, vote to override that zoning.

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