In the conclusion of Lisa Knee’s interview, Larry Silverstein of Silverstein Properties shares his perspectives on philanthropy, the importance of giving back, and the impact such efforts have on the community. And if we don't take care of this environment, we're going to have a disaster. Silverstein makes no representations or warranties to (i) the level of service that the website provides to you, (ii) the quality or correctness of the information provided on or through the website, (iii) the content of any downloaded material (iv) the availability of any services or anything advertise on this website or (v) the accuracy of any of the information provided on the website. When you access our websites, opt to fill out an information submission form, or otherwise provide Silverstein with your personal information you give Silverstein your consent to process and use such submitted information in accordance with the terms and conditions of this Privacy Policy. Silverstein Properties, a private real estate developer, owner and property manager based in Manhattan, and Cantor Fitzgerald, a leading global financial services firm and real estate investment company based in Manhattan, are partnering with University Place Associates (UPA), a sustainable commercial development firm based in Philadelphia, to develop, operate and lease 3.0 University … Silverstein Properties and Cantor Fitzgerald have partnered with University Place Associates (UPA), a sustainable commercial development firm based in Philadelphia, to develop, operate and lease 3.0 University Place, a state-of-the-art life sciences–enabled building located in the rapidly growing submarket of University City. Silverstein uses the information you provide us for our general commercial purposes, such as to send you information about our company, our properties or our affiliates, as well as to contact you when necessary. Any use of this website is for personal use only – commercial use of the information provided herein is not permitted. ©2021 EisnerAmper LLP. Larry Silverstein: I hope it's great but I’m not so sure about that. Nothing herein is intended to be an offer of property, leasehold, goods, services, employment or a representation as to property, or leasehold or goods or services or employment that will be provided to any person. But the interesting thing is that the involvement in the activities within which we participate on a daily basis are so stimulating that I find that getting out of bed in the morning, getting into the shower, coming to work are very exciting things. You agree that any personal information provided shall be subject to the terms contained in the Privacy Policy. LS: Well I think Hudson Yards will do quite well. Founded in 1957 by Chairman Larry Silverstein, the company has developed, owned and managed more than 40 million square feet of … Otherwise, Silverstein may share your personal information for use by its agents, to any of its transferees or assigns, due to the compliance with law, enforcement of the terms of use, protection of Silverstein’s rights in connection with a claim or legal proceeding, or safety concerns. ... Corporate Sustainability and Social Responsibility. You agree that we may share your information with our affiliates and subsidiaries that may use it for their own commercial purposes including analytics, marketing, or otherwise in accordance with this Privacy Policy. This will give you the must updated information relating to tax changes. Silverstein Properties, Inc., and its affiliates and subsidiaries (“Silverstein”) is committed to protecting the privacy of personal and financial information that you may provide Silverstein through this website or by other means. Lisa Knee: We're sitting here today at 7 World Trade Center with one of the most iconic and successful developers of our time, Larry Silverstein. I'm concerned because I think one line is totally inadequate, I think it's going to need more. Silverstein Properties, Inc. is a family held, full-service real estate development, investment and management firm based in New York City. Silverstein set up its first lending venture earlier this month and already has a slew of potential deals going to projects in New York City. Both Silverstein Properties and University Place Associates have been at the forefront of implementing sustainable practices into commercial properties. You agree that these terms of use constitute the entire and integrated agreement of the parties with respect to the subject matter contained herein. In … Your use of the information shall not transfer any intellectual property rights to you. Prior to joining Shorenstein, Ms. Mize was a regional manager with Carr Real Estate Services in Washington, D.C. where she was responsible for the property management oversight of a portfolio of Washington, D.C. properties. However, it cannot guarantee its accuracy and under no circumstances will it be responsible for inaccuracies whether in material provided by Silverstein or obtained from third parties. Any links provided by this website are for information purposes only. From Tragedy to Sustainability When tragedy strikes a city, it often presents an opportunity to rebuild in a better way. Ms. Mize also serves on the Real Estate Roundtable’s Sustainability Policy Advisory Committee. The single most immediate challenge and I want to get that done. LK: Some of the projects you are working on aren't going to be completed until you're 90 and I was recently at an event where you spoke and you said, “I'm not done yet, I'm just getting started.” So where do you find the energy and the motivation? toes of economic, residential, retail and resort area. Carlos Valverde, vice president of real estate development at Silverstein Properties, said building in New York is “a headache” and “not for the faint of heart”, with regulations and codes changing between projects and having to relearn, as the firm tends to only get to build a new building every five to 6 years. By using this website, you consent to the collection and use of this information by Silverstein, as described above and the terms of use. Operations Utilities Coordinator at Silverstein Properties, Inc. EisnerAmper’s Lisa Knee interviews Larry Silverstein of Silverstein Properties in the second part of a four video feature. LS: Well the energy, I can't tell you. And to restore and try to get those buildings into a sustainable position is excruciatingly difficult and tough, especially with tenants in possession so 10 people have to move out and then they start rebuilding the space. Fuel cells generate electricity within the building and reduce emissions, 50% of the building’s wood was sustainably harvested, No ozone-depleting refrigerants are used, and all cleaning products are green, 20% of the building’s materials are local, coming from within 500 miles, Preferred parking program for fuel-efficient vehicles, 100% of building power comes from renewable sources including wind, solar and hydroelectric, 12% less electricity usage than a conventional office building because of high-performance elevators, heating and cooling systems, 30% less water usage, thanks to rain water collection and low-flow fixtures. As such, you may not use, distribute, sell, modify, transmit, revise, reverse engineer, republish, post or create derivative works of the material on this website without Silverstein’s prior written permission in each instance. One-on-One with Larry Silverstein - Part 3. So I walk out of the house feeling just terrific, fully invigorated and ready to go. Silverstein reserves the right to prohibit use of this website or discontinue this website at any time, in its sole discretion. Great fun. Silverstein Properties, Inc. (SPI) is a privately-held, full-service real estate development, investment and management firm based in New York. But I think it will do well I think that the advent of the 7 subway line is absolutely essential to that place. 4 World Trade Center was designed by architect Fumihiko Maki and part of Daniel Libeskind’s World Trade Center Master Plan. These innovations mean cost savings for tenants and a healthier, more productive workplace. Morgan Stanley to Become First US Bank to Publicly Disclose How Much Its Loans and Investments Contribute to Climate Change. Silverstein Properties is partnering with Cantor Fitzgerald and a local operator to push into the Philadelphia life science sector. University Place Assoc., Silverstein Properties and Cantor Fitzgerald are developing a 250,000-square-foot, eight-story lab and office building in a Philadelphia Opportunity Zone. LK: You've always been at the forefront of sustainability. You know, the chronology of life is a reality which I have to deal with on a constant basis. 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Use of this website is subject to these terms of use and all applicable laws. 12% less electricity usage than a conventional office building because of high-performance elevators, heating and cooling systems. So that for me is number one and I want to see that completed in my lifetime so I can enjoy it. EisnerAmper has deployed a Coronavirus - COVID-19 tax insights resource page. ... New Asset Management Director at Kulczyk Silverstein Properties You agree to indemnify, defend and save harmless Silverstein from any misuse by you of this website and the information contained herein, including, but not limited to intellectual property rights. In a number of instances, tenants made the decision to come with us because we were sustainable and where they were uptown, where they could have renewed, was not. Both Silverstein Properties and University Place Associates have been at the forefront of implementing sustainable practices into commercial properties. You are using this website “as is” and at your own risk. Of course we ended up being the first LEED-certified office building in the city of New York. Sustainability Activities. He represents owners of some of the most well-known real estate properties in New York City. Full-height, insulated windows reduce the need for artificial lighting and air-conditioning. In 2013, UPA completed 2.0 University Place, the first multi-tenant, multi-certified LEED Platinum commercial office building in the … Silverstein makes no representations or warranties and shall take no responsibility for any content or material in such links. Efforts to provide accurate information on the website from third parties 's going to impact lower ’. In real estate Roundtable ’ s World Trade Center, the chronology of life a... Updated information relating to tax changes actions of third parties and makes reasonable efforts to provide accurate on... 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