{"id":146007,"date":"2026-02-26T12:14:07","date_gmt":"2026-02-26T12:14:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/146007\/"},"modified":"2026-02-26T12:14:07","modified_gmt":"2026-02-26T12:14:07","slug":"american-express-to-construct-new-hq-at-2-world-trade-center","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/146007\/","title":{"rendered":"American Express to construct new HQ at 2 World Trade Center"},"content":{"rendered":"

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The building will be a landmark addition to the Manhattan skyline. Credit: American Express.<\/p>\n

American Express has confirmed it will construct a new global headquarters at 2 World Trade Center in Lower Manhattan, with the building scheduled for completion in 2031.<\/p>\n

The company will own and occupy the entire building, which will be located at 200 Greenwich Street on land leased long-term from the Port Authority.<\/p>\n

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The development marks the final commercial office project on the World Trade Center campus and is expected to create more than 3,200 direct and indirect construction-related positions during its build.<\/p>\n

The new site will span nearly two million square feet across 55 floors and provide workspace for up to 10,000 employees.<\/p>\n

Facilities will include flexible offices and outdoor areas, including terraces and gardens, fitted with smart-building technology and fully electric systems.<\/p>\n

The project will target Leadership in Energy and Environmental Design (LEED) certification.<\/p>\n

Silverstein Properties serves as the developer with Foster + Partners acting as design architect. Construction is planned to begin in spring 2026.<\/p>\n

During this period, the development is projected to contribute approximately $5.9bn to New York City\u2019s economy and $6.3bn statewide.<\/p>\n

American Express chairman and CEO Stephen Squeri said: \u201cOur new headquarters will be more than just a building \u2014 it will be a place for our colleagues to feel energised, inspired, and proud \u2014 a home for innovation, interaction, and growth.<\/p>\n

\u201cWe\u2019re excited to work with our partners and local leaders to shape this exciting new era for American Express and Lower Manhattan.\u201d<\/p>\n

American Express will continue its operations at its current location on 200 Vesey Street until the move is completed.<\/p>\n

New York Governor Kathy Hochul said: \u201cBuilding 2 World Trade Center will bring another iconic skyscraper to Lower Manhattan, create thousands of good-paying union jobs and provide billions in economic benefits to New Yorkers.<\/p>\n

\u201cThank you to American Express for doubling down on your commitment to New York and to partners at the Port Authority for getting this deal done.\u201d<\/p>\n

Since relocating its headquarters to Lower Manhattan in 1986, American Express has maintained operations in the area and invested in local economic activity.<\/p>\n

The company stated that the new building project is not expected to have a material impact on financial results.<\/p>\n

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