Larry A. Silverstein

In July 2001, Mr. Silverstein completed the largest real estate transaction in New York history when he signed a 99-year lease on the 10.6 million square feet World Trade Center for $3.2 billion, only to see it destroyed in terrorist attacks seven weeks later on September 11, 2001. He has spent the last 23 years rebuilding the office component of the World Trade Center site, a $26 billion project that will consume the balance of his working life.

In May 2006, Silverstein Properties opened 7 World Trade Center, the first office tower to be rebuilt at the site, and the first LEED-certified office building in New York City. The 52-story, 1.7 million square foot building is fully leased to an eclectic group of tenants. In November 2013, the company opened 4 World Trade Center, a 72-story 2.3 million square foot building designed by Fumihiko Maki. In June 2018, the company opened 3 World Trade Center, an 80-story, 2.5 million square foot building designed by Richard Rogers. The company will be developing one other office tower on the WTC site – 2 World Trade Center, designed by Norman Foster, and one residential building – 5 World Trade Center, designed by Kohn Pedersen Fox.

Silverstein Properties recently completed and opened a Four Seasons hotel and private residences designed by Robert A. M. Stern in Lower Manhattan which, at 82-stories, is one of the tallest residential towers in New York. The company also completed and opened the largest Four Seasons resort in the world at the Walt Disney World Resort in Orlando, Florida.

A massive investment in standards-setting 
hospitality and residential design

Silverstein Properties owns and operates a portfolio of high-quality assets valued at over $10 billion, with nearly 16 million square feet of commercial, residential and retail space across ten office towers in Manhattan, Philadelphia and Los Angeles, and two luxury rental buildings in Midtown Manhattan with 2,280 units including 500 affordable housing apartments and corporate suites. Silverstein has 9 million square feet of development underway.

Silverstein Properties is a vertically integrated company with over 400 employees who manage all aspects of development, acquisitions and management of real estate assets. These disciplines include operational management, asset management, commercial leasing, residential rental and sales, construction management, acquisitions, finance, accounting, risk management, marketing, public relations, and real estate technology and innovation. 

Since its inception, the Silverstein brand has stood for integrity, quality, partnership, and community service. In more than six decades of operation, Silverstein Properties has built a reputation for developing exceptional projects, enhancing local communities, providing outstanding services to clients and partners, and driving innovation within the industry.