New York’s World Trade Center reopens for business

The World Trade Centre (WTC) in New York has been reopened for business. The 104 storey building was rebuilt at a cost of $4.2 billion, thirteen years after the 9/11 terrorist attack. Though no official opening ceremony was conducted, businesses will be able to operate from the World Trade Centre. The reopening of WTC was an emotional moment for all New Yorkers, and the structure marks the resilient spirit of the people of New York.

 

One Trade Centre is now open to commercial tenants. Publishing giant, Conde Nast, became the first commercial tenant to begin work at One WTC. The eight year long construction of the 541 m high building was completed after years of political, financial and legal infighting that threatened to derail the project. The construction of One WTC was on strong footing only as construction of two other towers started going up on the southeast end of the site. 4 WTC is now completed, and its anchor tenant is the Port Authority, and 3 WTC is slowly rising.
One WTC has leased 58% of its 2,78,000 sq. m. of space. Other tenants are also expected to move into the building, which authorities are calling the most secure office building in America.

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Categories: International Current Affairs 2017

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