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Report: 3 WTC Could Be Capped at Seventh Floor

NEW YORK CITY-Developer Silverstein Properties is considering to halt construction on the tower if a major anchor tenant is not signed, sources told Crain’s New York Business.

By Jacqueline Hlavenka | Updated on January 23, 2012

NEW YORK CITY-An 80-story skyscraper planned on the grounds of the 16-acre World Trade Center site may be significantly downsized. According to a report in Crain’s New York Business, developer Silverstein Properties could halt construction on Three World Trade Center and reduce the size of the building if a major office tenant is not found.

Sources told Crain’s that minor modifications have already made to the site to allow the building to be capped at the seventh floor, nearly 73 floors short of the building’s original proposed height. Retail is being considered for the seven-story structure, but the development could continue as planned if an office user is found before the tower is capped. The building was originally slated for completion in 2015.

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