Download - World Trade Center Reconstruction Post 9/11
World Trade Center Reconstruction
Post 9/11
Lindsay Coleman, Erik Hanselman, Zorica Milovanovic & Sean Soss
Post 9/11 Statistics
• Total number of people killed: 2,819
• Tons of debris removed: 1,506,124
• Estimated cost of clean-up: $600 million
• Economic loss to New York: $105 billion
9/11
Larry Silverstein
• Won a bid in 1980 to construct 7 World Trade Center.• July 2001
o 99-year lease of the World Trade Center from the Port Authority of New York and New Jersey.
o Negotiated with 24 insurance companies for maximum coverage.
Insurance Payments
• Insurance companies insisted that it was a single event.o Jury rulingo Settlement
"The two hijacked airliners that struck the 110-story twin towers Sept. 11 were separate 'occurrences' for insurance purposes, entitling him to collect twice on $3.6 billion of policies."- Spokesperson for Larry Silverstein
The Players
• Volunteers, Families, and Victims of 9/11• Governor George Pataki • Mayor Rudy Giuliani• The Lower Manhattan Development Corps• Mayor Michael Bloomberg• Governor David Paterson • The NY State Port Authority
Volunteers, Families, and Victims
• 2010, still problems with memorial • Fireman Glenn Corbett raises concerns:
o Prohibition of inclusion of rank designationo Lack of consultation of familieso Victim portrayal vs. terrorist portrayalo One flag
• Although a memorial has been included, most of the space will be devoted to offices.
Governor George Pataki
• New York State's 53rd Governor
• Took office January 1st, 1995 • Left office December 31st, 2006
• Long history in politics
o Held first public office in 1981
Pataki on Reconstruction...
• International Freedom Centero Proposed in 2004o Adjacent to Ground Zero, a "cultural center"o Supported by George Soros, Anthony Romero
(ACLU)o In 2005, Pataki was opposed to the idea of this
museumo "too much opposition, too much controversy
• St. Nicolas's Church o Supported by Pataki from 2001o August 2010 press conference
Mayor Rudy Giuliani
• Mayor of New York City from 1994 to 2001
• Received much attention for his leadership following the attacks
• Received honorary
knightship
Giuliani on Reconstruction...
• In 2002, expressed disapproval for all proposalso Plans focused on office developmento Giuliani wanted more attention towards a
memorial
"Tomorrow New York is going to be here. And we're going to rebuild, and we're going to be stronger than we were before... I want the people of New York to be an example to the rest of the country, and the rest of the world, that terrorism can't stop us."
The Lower Manhattan Development Corporation
• Joint effort between Giuliani and Pataki
• "committed to an open, inclusive, and transparent planning process"
• Unveiled seven plans for redevelopment
Mayor Michael Bloomberg
• Succeeded Giulilani in 2001 until 2005
• In 2008, expressed disapproval of the LMDCo Moving too slowo Grabs for powero Too many levels of
bureaucracy
Governor David Paterson
• 55th Governor of New York State
• Served 2008 to 2010• Heavily criticized for
omitting reconstruction in his "State of the State" address
The Port Authority of New York and New Jersey
• In 1916, New Jersey files lawsuit against New York
• Harbor Development Commission of 1917
• The Port Authority is established in 1921
Its Role
• Runs most regional transportation infrastructure with the Port of New York and New Jersey
Its Make Up
• Headed by the governors of New York and New Jersey
• Six appointed commission members
• Appointed Executive Director
• Port Authority has no power to tax and does not receive tax money
Revenue
Original Construction
• David Rockefeller needed public funding
• Port Authority becomes the overseer of the construction of the World Trade Center
Port Authority Real Estate
The September 11th attacks
• Port Authority’s headquarters was located in One World Trade Center
• Employees were among the causalities
World Trade Center Budget
WTC Current Budget and Time Table
Completion Dates: Target Date: Probable Date: Budget Estimate:
Transportation Hub: 4Q 2013 2Q 2014 $3.2 Billion
Memorial Interim Plaza: 4Q 2010 1Q 2011
Complete Plaza: 3Q 2011 4Q 2011
Museum Completion: 1Q 2013 2Q 2013
Freedom Tower: 2Q 2013 4Q 2013 $3.1 Billion
Greenwich Street: 2Q 2012 4Q 2012 $281 Million
Vehicle Security Center: 1Q 2012 3Q 2012 $633 Million
A Major Transit Hub
• PATH service resume in November 2003
• $3.2 billion World Trade Center Transportation Hub project
Safety in Mind
$6 billion spent on various security measures since the terrorist attacks on September 11, 2001
Silverstein vs. Port Authority
• Silverstein requests more financing from Port Authority
• Panel of arbitrators rules against Silverstein
• Port Authority and Silverstein reach agreement
One World Trade Center• 1 (Freedom Tower), 2, 3,
4, and 5 World Trade Center
• 7 World Trade Center• National September 11
Memorial & Museum• Transportation Hub
The 2005 Redesign
• NYPD security standards• Set back 90 ft from
street• 65 ft from original
location• Tower will no longer
twist• 20% slimmer• New tower: solid base &
centered spire
The Old & New Plans
National September 11 Memorial & Museum
Budget: $ 530 millionExpected completion: September 11, 2011
Criticism/Concerns of "Reflecting Absence"
Cost• most expensive
memorial to date ( $500 million)
• $40 million for
yearly upkeep
Structure• memorial
originally below ground level
Names• FDNY & NYPD
want names of officers to appear separate
"There's just not an unlimited amount of money that we can spend on a memorial." -Michael Bloomberg
QUESTIONS1.Do you believe that the jury was correct in stating
that the 9/11 events were two occurrences as opposed to a single one (for insurance purposes)?
2.Given that 25% of the Port Authority annual budget is allotted toward rebuilding the World Trade Center Site, how important is it that the Port Authority completes construction by the expected date?
3.How do you think the major players (those involved in rebuilding efforts) could have better accommodated the victim's families to memorialize the World Trade Centers?
4.The One World Trade Center was redesigned for safety reasons. With the massive Transit Hub and the Sept. 11 Memorial and Museum located nearby, likely to attract hundreds of thousands of people to that location, is the redesign even relevant?