News, Trade Center rebuilding to take decades? (2013, real estate, difference)

[JD59]

NEW YORK, April 16 (UPI) -- A study prepared by a major real estate firm predicts that the new World Trade Center in New York will not be fully occupied until 2037.

The New York Daily News reported it had obtained a copy of a confidential report prepared by Cushman & Wakefield for the Port Authority of New York and New Jersey.

Trade Center rebuilding to take decades? - UPI.com

[Dexterguy]

It's really not that much of a suprise, some buildings that big get build and never get fully occupied completely. Or when one person moves in, another moves out, and then you have a gap again. They saying that the actual construction will take until 2013, which I think is a long time, but I know that they have had alot of trouble with legal issues.

[tallrick]

Who really needs the space? Looks like a White Elephant to me.

[Omaha Rocks]

Originally Posted by tallrick

Who really needs the space? Looks like a White Elephant to me.

You're right. Computers and the internet have ushered in an entirely difference "need of office space" atmosphere than when the WTC Towers were first built.

A rebuilt WTC will be more of a memorial than anything.