Larry Silverstein
$1.0B
Born
May 30, 1931
Age
94
Source of Wealth
Real estate
Residence
New York, New York
Citizenship
United States
Marital Status
Married
Children
0
Education
- Larry Silverstein is the chairman and founder of Silverstein Properties, a New York-based real estate development firm.
- Silverstein Partners owns nearly 16 million square feet of office, residential and retail properties in the U.S., including 7 World Trade Center in Manhattan.
- Silverstein signed a 99-year lease on the World Trade Center towers for $3.2 billion in July 2001, seven weeks before the 9/11 attacks.
- Silverstein Properties and the Port Authority of New York and New Jersey ultimately received a $4.55 billion insurance payout and built new towers on the site.
- The firm developed the 7, 2 and 3 World Trade Center office towers. A fourth building, 5 World Trade Center, will be a residential high-rise when it's complete.
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