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TrizecHahn York Plaza Explosion Incident Summary, March 2002

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Summary from TrizecHahn regarding a December 2001 steam turbine explosion at York Plaza.

NYC-WTC_000143756–000143757

Folder label: “REAL ESTATE ROUND TABLE

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NYC 9/11 Public Portal Document

4 ; J TrizecHahn Office Properties Inc.

Ms. Marolyn Davenport March 14, 2002 Page 2

performed on the turbine and to date, no one has been able to determine the cause of the August 11“" failure.

With respect to the titanium tube explosion, it is my opinion that the chance for a similar event in another commercial office building is slight. The central plant at One New York Plaza utilizes river water in lieu of cooling towers. Titanium tubes were utilized because river water is typically more corrosive than properly treated tower water, and the titanium tubes are better able to resist corrosion. To the best of my knowledge, there are very few properties in this area that utilize titanium tubes. To take it a step further, there would be even less of a chance that another property would experience similar events since tube replacement would be the norm, rather than a total demolition of the equipment.

I hope this information addresses the concerns of any interested parties. Please give me a call if you would like any additional information or clarification of any of the information contained in this letter.

Sincerely,

------- Gerard V. Schumm

GVS:rc

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