2 World Trade Center Will Likely Cost $4 Billion – Curbed NY

With a construction price tag of $3.8 billion, 1 World Trade Center is the most expensive office building in the world, but it could be surpassed by its neighbor. In a short piece about the tower’s financing, the Post notes that 2 World Trade Center will cost $4 billion to construct (that’s the same price as Santiago Calatrava’s gleaming white oculus). Before this, reports only said that because the tower would be the most complicated of the site, it would be very expensive, but no exact numbers were given. Developer Silverstein Properties is reportedly seeking “an equity partner or mezzanine debt investor” to contribute $500 million to the tab, and the Post says this will likely come from “a pension fund or sovereign wealth fund.”

Source: 2 World Trade Center Will Likely Cost $4 Billion – Curbed NY

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