NYC 9/11 Public Portal Document
A recent, post-disaster real estate agreement resulted in Goldman Sachs leasing space at 1
Liberty Plaza for a period of 15 years with the asking lease rate being $45 per square foot
(Tycoon Village 2001).
Potential Environmental Impacts
The cost of the WTC disaster is estimated to be over ^?6"billioii. Additional employment
opportunities and personal income related to construction would be generated during the
construction period (short-term). The construction associated with the proposeu action
would have direct, indirect, and induced effects on local, regional, and state employment,
output, and income. Direct effects include those arising from the purchases made by the
construction sector and may include wages and salaries paid to workers directly engaged
in the project’s construction, as well as capital costs f'r equipment, materials, and
supplies during construction. Induced effects of the project are generated by the
consumption of goods and services made possible by the payrolls associated with the
construction project. Indirect effects are tire sum of all the rounds of purcnases by all the
interrelated sectors of the state economy (including direct, induced, and all additional
effects), beginning with those that supply the suppliers of the construction sector.
Indirect effects are produced throughout the local economy at each round of purchases.
No significant impact to long-term area employment and income would be anticipated as
a result of the implementation of any of the proposed action alternatives since no
permanent relocation of people would be expected and restoration to pre-disaster
conditions is the goal of the proposed projects. The New York City Partnership and
Chamber of Commerce has developed a report titled. Economic Impact Analysis of the
September Jl‘^ Attack on New York. This report is incorporated by reference by this
PEA.
3.6.3 Utilities, Facility and Services
A number of subsurface utility lines and subsurface structures, both public and private,
are located beneath the streets throughout lower Manhattan. These include sewer and
water mains, telephone cables, electric lines, gas mains, and steam lines. On the average,
the majority of facilities are located close to the street or within the street right-of-way.
These utilities provide essential services to the prope-ties surrounding the project area.
Community facilities consist of public or publicly funded schools, hospitals, fire and
police protection, and emergency care facilities.
Public services examined include emergency fire, resc ie, police operations and utilities,
even though many utilities are regulated on a state or federal level. In this context,
utilities such as electricity, natural gas, water supply, steam, and sewer lines are
considered public services. Publicly-owned utilities include water and sewer. Privately-
owned utilities include natural gas, steam, and telephone. Underground utilities in the
vicinity of the WTC were extensively damaged during the terrorist attack. During project
implementation, the greatest potential for project-related impacts on utilities would be
during construction.
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1 NYC-WTC_000141622
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