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Peace at any cost is a Prelude to War!

WTC Landlord Envisions 4 New Towers
By Adam Geller
AP Business Writer
Thursday, Sept. 20, 2001; 12:53 p.m. EDT

NEW YORK –– The operator of the World Trade Center said he is leaning toward
erecting four 50-story buildings in place of the felled twin towers, as well
as a memorial to people killed in last week's terrorist attack.

Larry Silverstein, the leader of a consortium that just months ago signed a
99-year lease on the complex worth $3.2 billion, said in an interview
Thursday he is determined to rebuild for both emotional and economic reasons.

"The people who have inflicted this upon us are clearly out to destroy our
way of life," said Silverstein, whose company lost four employees in the
attack. "It would be a tragedy to allow them their victory."

Beyond making a moral statement, replacing the World Trade Center makes sense
because lower Manhattan needs the office space, he said. The twin tower's
10-million square feet comprised about 10 percent of the financial district's
total space and served as the area's economic anchor.

Silverstein has previously said he wanted to rebuild. But his comments
Thursday marked his first discussion of limited specifics.

"I don't envision building a carbon copy of what was," the developer said.

Instead, he has been studying one set of plans drawn up and then put aside
more than 30 years ago, to build four towers at the trade center site. But
Silverstein said he has just begun trying to assemble a team of planners and
architects to consider options.

Building a quad of 50-story buildings at heights similar to the rest of the
Manhattan skyline would avoid creating a new set of terrorist targets as well
as fears businesses might have of renting space 100 stories up, he said.

"In that fashion, you avoid the problems that could otherwise develop with
two 110-story towers," said Silverstein, speaking in his company's midtown
conference room lined with photos and drawings of various building projects,
including a night view of the Trade Center, the Statue of Liberty in the
foreground.

Silverstein lead a consortium, including shopping center developer Westfield
America Inc., that in July signed a lease with the Port Authority of New York
& New Jersey to operate the World Trade Center complex.

Silverstein said his company had already paid more than $600 million to close
the deal. He said the contract with the Port Authority "might very well"
include provisions binding the consortium to fulfill the terms of the lease.

"We're just getting into all the details now," he said of discussions with
the Port Authority, insurance companies and other key parties. "But you know,
it always was my decision to rebuild. ... You can't rebuild on land you don't
control."

Silverstein said he has received a flurry of letters and e-mail from the
public since the attacks, some urging him to leave the site fallow as a
memorial, but the majority encouraging him to rebuild.




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