Building Freedom Tower -- The Journal 

Paperbacknovel contributor Dick Sheppard, who works in an office directly overlooking the World Trade Center site, hopes to track progress of the ascent of Freedom Tower, which at 1776 feet will be the tallest structure at the completely rebuilt site. Freedom Tower will rise at the northwest corner of the still empty acreage, at West and Vesey streets. Diagonally across West Street, financial giant Goldman Sachs has begun building a tower of their on in the Battery Park City development sit. Directly across Vesey Street from Freedom Tower site is the old Art Deco “Barclay-Vesey” building – the New York Bell/AT&T building. The new 7 World Trade Center tower – the first building to rise from the ashes of 9/11 – is directly north of the Trade Center site – between the Barclay-Vesey building and the Federal office building containing/Post Office on Vesey and Church Streets. 7 World Trade Center is an inspiring counterpart to the shrouded, to-be-demolished Deutsche Bank building, which is just off the World Trade Center site to the south (see picture at bottom of this page). Demolition of this forlorn structure has been held up by financing and environmental and air quality concerns, and, as of late April, the discovery of human remains on the roof.

If you want to understand why it has taken so long to rebuild the World Trade Center site, you can use the following shorthand: 7 World Trade Center, a beautiful and hopeful structure, is the “Silverstein” building. The covered embarrassing hulk of the doomed Deutsche Bank building is the “Pataki-Bloomberg” building. I note that my Bank of New York career included time both south of the World Trade Center on  Washington Street, and following BoNY’s Irving Trust takeover, north of the  World Trade Center at 101 Barclay Street. Seen from certain angles, the Bank’s 101 Barclay Street building looks as if it’s an annex for the new 7 World Trade Center. The Washington Street building, formerly the NY Post building, is now condos.




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