{"id":374152,"date":"2026-10-15T19:41:22","date_gmt":"2026-10-15T19:41:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/374152\/"},"modified":"2026-10-15T19:41:22","modified_gmt":"2026-10-15T19:41:22","slug":"tribeca-citizen-in-the-news-why-is-5-world-trade-still-not-built","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/374152\/","title":{"rendered":"Tribeca Citizen | In the News: Why is 5 World Trade still not built?"},"content":{"rendered":"

\t\t\tIn the News: Why is 5 World Trade still not built?<\/p>\n

October 15, 2026 \u2022 Real Estate<\/a>, Restaurant\/Bar News<\/a><\/p>\n

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WHY IS 5 WTC STILL NOT BUILT?
The Times<\/a> has a story about 5 World Trade Center \u2014 the only residential tower on the site \u2014 which has been stalled out for years. \u201cThe story of the unbuilt 5 World Trade Center is a tale of a prime piece of New York City real estate where nothing has seemed to go right in the 25 years since Sept. 11, including the years when the building served as a black-shrouded reminder of the worst terrorist attack in U.S. history.\u201d The Times story says. It continues: \u201cThe governor\u2019s office is urging the Port Authority to take the project away from the development team, led by Silverstein Properties and BGRE, and put the project back out to bid, a government official said.\u201d<\/p>\n

A NYC DUMPLING SURVEY
The Times asked \u201ccreative types\u201d to name their favorite dumpling spots<\/a>, and some Chinatown winners make the list. Here\u2019s my recommended dumpling tour.\u00a0<\/a><\/p>\n

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THE CONVERSION OF 100 WALL
Crain\u2019s has a story<\/a> on the conversion of 100 Wall, where the developers \u2014 BLDG and David Werner Real Estate Investments \u2014 have a $219 million construction loan. From Crain\u2019s: \u201cThe joint venture purchased the 29-story office building between Water and Front streets for $116 million in 2024, and subsequently announced plans last year to convert it into 168 apartments. The financing\u2026will fund the conversion of floors two through 11. Floors 15 through 29 will remain as office space, and are nearly fully leased.\u201d<\/p>\n

CONSTRUCTION UPDATE AT 8 CARLISLE
Yimby reports<\/a> that structural work is wrapping up on 8 Carlisle, aka 111 Washington, just south of the World Trade Center. The tower is 789 feet tall and will have 462 residential units plus 7000 feet of ground floor retail and a rear yard. It was designed by Handel Architects.<\/p>\n

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