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Larry A. Silverstein

Larry A. Silverstein serves as President and CEO of Silverstein Properties, Inc., a Manhattan-based real estate development and investment firm that has owned, managed and developed over twenty million square feet of office, residential and retail space.

In July 2001, Mr. Silverstein completed the largest real estate transaction in New York history when he signed a 99-year lease on the 10.6 million sq. ft. World Trade Center for $3.25 billion, only to see it destroyed in terrorist attacks six weeks later on September 11, 2001. He is currently rebuilding the office component of the World Trade Center site, an $8-billion project that will consume the balance of his working life.

In April 2006, Silverstein will open 7 World Trade Center, a 52-story, 1.7 million sq. ft. office tower, on Greenwich Street just north of the WTC site. Also in April 2006, foundation work is expected to begin on the Freedom Tower, a 2.6 million sq. ft. building that will serve as an inspirational and enduring beacon in the New York City skyline.

Mr. Silverstein is a member of the New York Bar and a Governor of the Real Estate Board of New York, having served as its Chairman. He is Vice Chairman of the New York University Board of Trustees and is the Founder and Chairman emeritus of the New York University Real Estate Institute. As a Professor of Real Estate, his "Silverstein Workshop" became one of the most attended and informative educational sources for learning real estate development and investment analysis.

Mr. Silverstein contributes his time and resources to organizations that are dedicated to education and medical research, meeting humanitarian needs, and supporting the arts. He and his wife of fifty years have three children, two of whom are executives at Silverstein Properties. He is a classical music enthusiast, a passionate yachtsman and a dedicated New Yorker.

 

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