Silverstein Properties

Silverstein Properties, Inc. (SPI) is a family held, full-service real estate development, investment and management firm based in New York City. Founded in 1957 by Chairman Larry Silverstein, the company specializes in developing, acquiring, and managing office, residential, hotel, retail, and mixed-use properties. The firm is New York City's fifth-largest commercial landlord.[1]

Silverstein Properties, Inc.
TypePrivate
IndustryReal estate development
Founded1957 (1957)
FounderLarry Silverstein
Headquarters7 World Trade Center,
Manhattan, New York City
,
U.S.
Area served
Worldwide
Number of employees
500+
Websitesilversteinproperties.com

SPI's real estate business has been one of the largest investors in New York City real estate over the past fifty years,[2] having developed, owned and managed more than 40 million square feet of office, residential, hotel and retail properties including the new World Trade Center, 30 Park Place (Four Seasons Private Residences New York Downtown), 120 Wall Street, Equitable Building, and Americas Tower.[3]

Silverstein Properties is headquartered at 7 World Trade Center in Manhattan, New York City.[4]

Company

Silverstein Properties has developed, owned, and managed more than 40 million SF (3.25 million m2) of commercial, residential, and retail space. Prior to joining the firm, SPI's executives and professionals developed in excess of 100 million SF (9.3 million m2) in the United States and abroad.[3]

SPI's portfolio includes 13.4 million[1] square feet of office, residential and retail properties and $10 billion of current development. Notable past and current projects include:[5]

Recognition

Since 2012, SPI has been ranked 33rd of the "Best Places to Work in New York City" by Crain's.[26]

References

  1. "NYC's Top 10 Biggest Landlords". April 29, 2015.
  2. "Silverstein Properties History | Commercial Real Estate". www.silversteinproperties.com. Retrieved July 17, 2016.
  3. "About Silverstein Properties | New York Real Estate". www.silversteinproperties.com. Retrieved July 17, 2016.
  4. "Silverstein Properties - TRD Research". The Real Deal. March 19, 2019. Retrieved August 17, 2020.
  5. Larry Silverstein, Silverstein Properties. Commercial Observer 2013
  6. "Tribeca Condominiums for Sale in NYC with Sweeping Views | 30 Park Place, Four Seasons Private Residences New York Downtown". 30 Park Place. Retrieved July 17, 2016.
  7. WESTFELDT, AMY (May 23, 2006). "First Rebuilt Skyscraper at WTC Opens". ISSN 0190-8286. Retrieved April 23, 2018.
  8. "First World Trade Center tower opens 12 years after 9/11". NY Daily News. Retrieved April 23, 2018.
  9. "Under Construction: Inside the Nearly Completed 3 WTC". Commercial Observer. February 13, 2018. Retrieved April 23, 2018.
  10. "Murdochs abandon 2 World Trade, Silverstein soldiers on". Politico PRO. Retrieved April 23, 2018.
  11. "One West End". www.1westend.com. Retrieved July 17, 2016.
  12. "Silverstein buys majority stake in Taconic's 619 West 54th". February 1, 2017.
  13. "529 5th Avenue | NYC | Commercial Real Estate". www.silversteinproperties.com. Retrieved July 17, 2016.
  14. Gross, Daniel. "SILVERSTEIN MOVES INTO RESIDENTIAL IN '90S".
  15. https://www.washingtonpost.com/capital_business/another_out_of_town_firm_shows_interest_in_dc/2011/03/18/ABN35gr_story.html
  16. Kennedy, Shawn G. "Sale of 2 Large Buildings in Manhattan Stirs Interest".
  17. Horsley, Carter B. (July 26, 1978). "Real Estate" via NYTimes.com.
  18. Clarke, Katherine. "World Trade Center developer Silverstein Properties files suit over botched $138M deal for East Side tower - NY Daily News".
  19. "Who Wants to Move to Ground Zero?". NYMag.com.
  20. "Larry Silverstein to build city's tallest apartment tower". July 2, 2014.
  21. July 9, Rebecca Baird-Remba; Pm, 2018 4:32 (July 9, 2018). "Silverstein Prepares to Buy ABC Campus for $1.2B". commercialobserver.com. Retrieved January 17, 2019.CS1 maint: numeric names: authors list (link)
  22. News, Bloomberg. "Larry Silverstein marks first foray overseas".
  23. Gonnabe. "ETHOS – In the Heart of Warsaw High Street • News • Kulczyk Silverstein Properties". ksprop.com.
  24. Qianhai Economic Zone
  25. "No. 33 Silverstein Properties - Best Places to Work 2012 - Crain's New York Business".
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