News Clip: The State of World Trade Center Real Estate

The Street

A decade after the Sept. 11, 2001 terrorist attacks, the opening of the new One World Trade Center is poised to once again alter the landscape of New York City’s Financial District, but in many ways the real estate changes have already taken shape.

More than 750 companies, and 650,000 jobs, left Lower Manhattan in the first two years following Sept. 11, though the area below Chambers Street made a remarkable comeback and has just 4% fewer workers and about 130 more companies now than it did a decade ago, according to a recent Alliance for Downtown New York report.