Categories
LA News

Condé Nast Moves Into The World Trade Center

IMG_0642

This morning marked the start of a monumental change occurring in Lower Manhattan. Thirteen years after the terrorist attacks on 9/11, the World Trade Center is finally opening its doors. On Monday November 3rd, publishing giant Condé Nast began its move from Times Square into One World Trade Center. The 175 employees that moved in today are just the first wave of what will be over 3,000 editors, writers and advertising executives moving in with the company.

Here at DOWNTOWN Magazine, we have always known that Lower Manhattan is the heart of New York City. The movement of Condé Nast downtown is the first step in breaking the barrier and stereotype that Lower Manhattan is strictly reserved for bankers and financial offices. Condé Nast as a whole will occupy around 20 of the tower’s 104 floors.

Others major names that defy the misguided stereotype that will be moving into the building include Anna Wintour, editor of Vogue Magazine and Graydon Carter, editor of Vanity Fair.

We look forward to the arrival of many more businesses downtown as they realize just how much Lower Manhattan has to offer.

-Writing and photography by Lauren Price

Categories
Business Events Real Estate

One World Trade Center To Open Within The Next Month

OneWorldTradeCenter

World Trade Center. Photo: Courtesy of Wikipedia

The One World Trade Center, currently the tallest building in the Western hemisphere, is expected to open within the next month.

The building marks a massive milestone for the Lower Manhattan rebuilding effort after the many devastating destructions that have occurred in the past 20 years.

Sources say that October 27th is the target open date according to the owners but this has not been confirmed as they have not finalized their plans. However this being said, the tenant that will occupy most of the building, Condé Nast, has said they will begin to move employees into their 24 floors of space starting in November.

In addition to Condé Nast, the Port Authority and Durst Organization have signed leases with China Center New York and the U.S. General Services Administration for spaces in the building. Kids Creative LLC and Servcorp have also signed a lease for one floor each which leaves 30 floors still in need of tenants. 

This well-known section of the downtown neighborhood has almost reached completion with the museum open, the memorial accessible to the public and with the 4 World Trade Center also finished. The massive transportation center has developed a clear shape and structure and is expected to open next year. 

Business aside, the building sometimes referred to as the Freedom Tower symbolizes hope and rebirth in the wake of the tragedies that occurred on 9/11 in Lower Manhattan. As a community, we are proud to see the One World Trade Center near its long-awaited opening.

 -Lauren Price