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:
“And last of all, high over thought, in the world of morals, Fate appears as vindicator, levelling the high, lifting the low, requiring justice in man, and always striking soon or late when justice is not done. What is useful will last, what is hurtful will sink.”
—Ralph Waldo Emerson (1803–1882)
“It passes, and we stay:
A quality of loss
Affecting our content,
As trade had suddenly encroached
Upon a sacrament.”
—Emily Dickinson (1830–1886)
“There is nothing more natural than to consider everything as starting from oneself, chosen as the center of the world; one finds oneself thus capable of condemning the world without even wanting to hear its deceitful chatter.”
—Guy Debord (b. 1931)
“It’s given new meaning to me of the scientific term black hole.”
—Don Logan, U.S. businessman, president and chief executive of Time Inc. His response when asked how much his company had spent in the last year to develop Pathfinder, Time Inc.’S site on the World Wide Web. Quoted in New York Times, p. D7 (November 13, 1995)