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Trade Center Leaseholder Pledges to Rebuild o
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By ALESSANDRA STANLEY that insurance companies would pay him real estate brokerage firm Insignia/ESG
The schedule for a Nov. 11 lecture at the more than enough money to build what he Inc. and a longtime friend of Mr. Siiver-
Real Estate Institute of New York Universi vowed would he “world class quality” office stein’s, described him as an “extraordinary
ty called for its moderator, Larry A. Silver buildings. “It seems to me 1 am going to end comhinal ion of optimism and total shrewd
up rebuilding; the only question is how best ness.” was not among the leading candi-
stein, to relive his triumph in acquiring a 99-
to accomplish that,” he said. date.s tn icquire the trade center until very
year lease on the World Trade Center, a feat
That sunny confidence, arching over the late, when Vornadn, a larger firm that bid
he accomplished in July. Last week, Mr. gulch of questions and concerns confronting higher, pulled out, making room for Mr.
Silverstein, a real estate developer, decided survivors, financiers, lawyers, engineers Silverste n to achieve his “crowning glory”
ntft to cancel the lecture. Instead, he altered and city, state and federal officials, works and win a niche in the chronicles of New
the pamphlet to read, “The World Trade as a tonic for many who fear that the York rea 1 estate. Its destruction made him a
?C.6nter: What Is to Come,” and did not
' include a question mark.
‘ ^Less than a month after the famed twin
towers fell to dust, Mr. Silverstein is making
financial district may never recover. But
Mr. Silverstein’s pledge — he said he want
ed to erect an “appropriate” memorial to
the 6,000 victims and resurrect ten million
sad footrote in the nation’s history.
But at 70, Mr. Silverstein wants to play a
leading role in the city’s future. “I simply
decided ;o dedicate the next five years of
r
plans and hiring architects to rebuild the square feet of lost office space — also serves my life to this,” he said. He added a caution
Ceflter. as a way for him to stake his claim early in a ary mes sage tn local and national officials,
i *4'1 am obligated by my lease to pay rent shifting landscape of loss, economic uncer many of whom have already hinted that the
fOr 99 years, I am obligated to rebuild, and I tainty, competition and clashing political recnnstr tction effort needed in downtown Chester Higgins Jr./The New York Times
htiVe the money to rebuild,” he explained, interests.
rfeierring in an interview to his expectation Mary Ann Tighe, vice-chairwoman of the C.nntinupdon Pngc^H^^ Larry A. Silverstein says he is obligated.
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