The World Trade Center site (ZIP code: 10048), previously known as "Ground Zero" after the September 11 attacks, sits on 16 acres (65,000 m2) in Lower Manhattan in New York City. The previous World Trade Center complex stood on the site until it was destroyed in the September 11 attacks; Studio Daniel Libeskind, the Port Authority of New York and New Jersey, Silverstein Properties, and the Lower Manhattan Development Corporation oversee the reconstruction of the site. The site is bounded by Vesey Street to the north, the West Side Highway to the west, Liberty Street to the south, and Church Street to the east. The Port Authority owns the site's land (except for 7 World Trade Center). Developer Larry Silverstein holds the lease to retail and office space in four of the site's buildings.
While the Port Authority of New York and New Jersey is often identified as the owner of the WTC site, the ownership situation is actually somewhat complex and ambiguous. The Port Authority indeed owns a "significant" internal portion of the site of 16 acres (65,000 m2), but has acknowledged "ambiguities over ownership of miscellaneous strips of property at the World Trade Center site" going back to the 1960s. It is unclear who owns 2.5 acres (10,000 m2) of the site, being land where streets had been before the World Trade Center was built.
Read more about World Trade Center Site: Before The World Trade Center, Debris and Clean-up, Archaeology, Rebuilding, Construction
Famous quotes containing the words world, trade, center and/or site:
“There is hope for the future. When the world is ready for a new and better life all this will some day come to pass in Gods good time.”
—Earl Felton, and Richard Fleischer. Captain Nemo (James Mason)
“No king on earth is as safe in his job as a Trade Union official. There is only one thing that can get him sacked; and that is drink. Not even that, as long as he doesnt actually fall down.”
—George Bernard Shaw (18561950)
“This is a strange little complacent country, in many ways a U.S.A. in miniature but of course nearer the center of disturbance!”
—Eleanor Roosevelt (18841962)
“The present hour is always wealthiest when it is poorer than the future ones, as that is the pleasantest site which affords the pleasantest prospects.”
—Henry David Thoreau (18171862)