21st Century Fox

Financial District, Major Developments, New Developments, Starchitecture

2 World Trade Center, BIG, Bjarke Ingels, NYC starchitecture

Big news on the 2 World Trade Center front. After several months of negotiation and hashing out design plans, News Corp. and 21st Century Fox Inc. have decided not to move into the new tower. The Post first broke the news, reporting that the media companies will remain at their Midtown headquarters at 1211 and 1185 Sixth Avenue where they currently have a lease in effect until 2020.

“After much careful consideration we have decided to maintain our New York headquarters and other business operations. We have extension options that could continue our occupancy on Sixth Avenue through 2025,” the companies wrote in a joint statement. Sources added that the move would have been “a huge distraction for the companies’ global operations.”

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Financial District, Starchitecture

bjarke ingels 2 wtc

Back in April, word broke that starchitect Bjarke Ingels was in talks to re-design 2 World Trade Center, as News Corp. and 21st Century Fox mulled over a downtown move. Now the Post’s Steve Cuozzo reports that the rumors are rapidly closing in on reality as both media companies have signed a non-binding but detailed letter of intent with developer Larry Silverstein to anchor the new 80-plus-story tower that pins Ingels as the architect. The news conglomerate would occupy 1.3 million square feet of the available 2.8 million square feet—a portion significant enough to jumpstart construction of the tower that has been stalled since 2008.

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Financial District, Major Developments, Starchitecture

2 wtc bjarke ingels

Norman Foster may lose out on yet another major project in Manhattan. The Journal writes that if News Corporation and 21st Century Fox decide to move into 2 World Trade Center, as previously reported, developer Larry Silverstein may drop Foster’s design in favor of a new one by none other than starchitect of the moment, Bjarke Ingels of BIG.

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