AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Vornado Realty Trust to Acquire New York's World Trade Center.

Knight Ridder/Tribune Business News

| February 23, 2001 | COPYRIGHT 1999 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

By Kathleen Lynn, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News

Feb. 23--The World Trade Center, a lower Manhattan icon for almost three decades, will be taken over by Vornado Realty Trust, a fast-growing Paramus real estate company, which will pay $3.25 billion for a 99-year lease.

The deal was announced Thursday by the Port Authority of New York and New Jersey, which owns the World Trade Center. It covers the 110-story twin towers, two other office buildings, and the 90 stores at the center.

"They had the best price," said Port Authority Chairman Lewis Eisenberg. Vornado beat a bid by Silverstein Properties and a joint bid by…

Related articles from newspapers, magazines, journals, and more
Law firm signs at World Trade. (World Trade Center)
Magazine article from: Real Estate Weekly August 28, 1991 700+ words
Law firm signs at World Trade Manhattan law firm Berel &...signed a five-year lease at the World Trade Center. The professional partnership...feet on the 29th floor of One World Trade Center. The aggregate rental value...
Leading Chinese Publication Highlights Growth Opportunity in Beijing for China...
Press release article from: Business Wire June 4, 2004 700+ words
...opened a club last month. The World Trade Center Club Beijing, which is located...The article cites China World Trade's success in developing its...location, in Guangzhou, where the World Trade Center Club opened in 2002. According...
Full floor leased at 2 World Trade. (2 World Trade Center, New York City)
Magazine article from: Real Estate Weekly September 18, 1991 700+ words
Full floor leased at 2 World Trade The 129-year-old American...selected New York City and Two World Trade Center as the location for its world...move to the 106th floor of the World Trade Center, which offers a sweeping vista...
Financial center considers giving up World Trade name.(Portland World Trade...
Magazine article from: Long Island Business News October 12, 2001 700+ words
...entrepreneurial vigor and prestige, the World Trade Center name is being used by 320 buildings...the globe. The 17-floor World Trade Center here may bolt from the club...hijacked airliners destroyed the World Trade Center in New York, according to...
SPIN joins World Trade Center Association.
Press release article from: PR Newswire May 30, 2002 700+ words
...Association and will now operate as World Trade Center~Harrisburg. "As the newest...Trade Centers Association, the World Trade Center~Harrisburg will provide its...activity. The establishment of a World Trade Center provides more recognition to...
ASIA DESK at San Diego World Trade Center Leads California's Largest Trade...
Press release article from: Business Wire September 14, 2005 700+ words
...ASIA DESK at San Diego World Trade Center (SDWTC) is leading the largest...Trade Centers and Shanghai World Trade Center, is sponsoring a reception...president/CEO of the San Diego World Trade Center, will serve as event moderator...
Cleveland World Trade Association Consolidates into World Trade Center...
Press release article from: PR Newswire August 10, 1999 700+ words
...approved consolidation of the CWTA into the World Trade Center Cleveland (WTCC), producing one stronger...innovation. ( www.clevelandgrowth.com ) World Trade Center Cleveland Fact Sheet World Trade Center Cleveland (WTCC) is the largest bi...
Buffalo lands world trade center. (World Trade Centers Association approves...
Magazine article from: Business First of Buffalo Fink, James May 7, 1990 700+ words
Buffalo lands world trade center Elite status for waterfront project...approved a request for a waterfront world trade center in Buffalo. World trade centers...Buffalo Chamber of Commerce, said a world trade center is an important step in Buffalo...
AREA WORLD TRADE GROUPS MAKE PLANS FOR MERGER.(World Trade Center Cleveland,...
Magazine article from: Crain's Cleveland Business PRIZINSKY, DAVID August 2, 1999 700+ words
...World Trade Association and the World Trade Center Cleveland, two organizations that...organizations that obtained the World Trade Center franchise and designation for Cleveland...Association, a major sponsor of the World Trade Center.
Greater Philadelphia World Trade Center Joins WTCA Tour Of China; CEO's China...
Press release article from: Business Wire January 12, 2004 700+ words
...announced that its affiliate, The World Trade Center of Greater Philadelphia (WTCGP...Centers Association (WTCA) and World Trade Center (WTC) Hong Kong - traveled...principal in WTC Hong Kong, the World Trade Center group met with high-level...
For more facts and information, see all results

Source: HighBeam Research, Vornado Realty Trust to Acquire New York's World Trade Center.

©2010 Gale, a part of Cengage Learning. All rights reserved. About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily