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Cozen O'Connor has added Scott J. Pashman as a member to its real estate practice, based at the law firm's 3 World Trade Center offices

RFP Calls for Office or MXU at 5 World Trade Site

The Port Authority of New York and New Jersey and the Lower Manhattan Development Corporation have issued a long-delayed request for proposals to develop World Trade Center Site 5. The site, which formerly contained Deutsche Bank’s New York headquarters, could support a 1.3-million-square-foot tower up to 900 feet tall.

“Nearly 18 years ago, New Yorkers vowed to rebuild Lower Manhattan stronger than ever, and with the request for proposals now open for World Trade Center Site 5, we are continuing to make good on that promise,” said Gov. Andrew Cuomo.

The General Project Plan for the World Trade Center redevelopment originally called for Site 5 to contain an office tower. However, the RFP now calls for either commercial or mixed-use, with the stipulation that any residential use for the site would need to include an affordable housing component.

Deadline for responding to the Site 5 RFP is Sept. 20.

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Read more at NY.govDownload the RFP

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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