Silverstein Properties

Silverstein Properties

Real Estate

New York, NY 38,941 followers

We are a privately-held, full-service real estate development, investment and management firm based in New York City.

About us

Silverstein Properties is a privately-held, full-service real estate development, investment, and management firm. Founded in 1957 by Chairman Larry Silverstein, Silverstein Properties has developed, owned, and managed more than 40 million square feet of office, residential, hotel, retail, and mixed-use properties. Best known for the redevelopment of the World Trade Center, the firm focuses on large-scale, complex development projects that enhance neighborhoods. Silverstein Properties owns and operates a portfolio of high-quality assets valued at over $10 billion, with nearly 16 million square feet of commercial, residential, and retail space across ten office towers in Manhattan, Philadelphia, and Los Angeles, a 443-unit luxury hotel in Orlando and two luxury rental buildings in Midtown Manhattan with 2,280 units including 500 affordable housing apartments and corporate suites. Silverstein has 9 million square feet of development underway. Silverstein Properties is a vertically integrated company with over 400 employees who manage all aspects of development, acquisitions, and management of real estate assets. These disciplines include operational management, asset management, commercial leasing, residential rental and sales, construction management, acquisitions, finance, accounting, risk management, marketing, public relations, and real estate technology and innovation. Since its inception, the Silverstein brand has stood for integrity, quality, partnership, and community service. In more than six decades of operation, Silverstein Properties has built a reputation for developing exceptional projects, enhancing local communities, providing outstanding services to clients and partners, and driving innovation within the industry.

Website
http://www.silversteinproperties.com
Industry
Real Estate
Company size
201-500 employees
Headquarters
New York, NY
Type
Privately Held
Founded
1957
Specialties
Real Estate, Development, Property Management, Asset Management, Commercial Leasing, and Residential Leasing

Locations

Employees at Silverstein Properties

Updates

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    Founded in 2018, Silver Art Projects is a non-profit organization that provides artists from around the world with free studio space and career development opportunities inside the new World Trade Center. We're passionate about leading the way in promoting some of the world's very best visual artists, along with establishing #LowerManhattan as a true epicenter of cultural vitality and artistic landscape. In this introductory video, we'll be taking a short tour through the studio spaces with Dr. Gregory Thornbury, Executive Director for Silver Art Projects.

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    Harley Finkelstein (Shopify) and David Segal (DAVIDsTEA) are Jewish entrepreneurs influenced by the greats who came before them. They recently created a video podcast called Big Shot, which tells the stories of the people who shaped an entire generation. Our own Larry Silverstein was a recent featured guest. Click on the link below to watch the full episode! https://lnkd.in/gSqMUtRq

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    We are pleased to announce a new joint venture with Cantor Fitzgerald and Turnbull Development, LLC for for a development in Summerville, SC. Turnbull Development, LLC (a Charleston-based development firm) intends to develop a mixed-use project encompassing 365 garden-style multifamily units across three buildings, and a 40,000-square-foot medical office building in Summerville, SC. Sawmill will be anchored by a two-story, Roper St. Francis medical office and will include a neighborhood grocery store and retail outparcels that will serve as convenience and service amenities for residents and employees. The multifamily component will have direct access to Sawmill Branch Canal and Greenway Trail and offers on-site outdoor amenities. "Summerville is a desirable residential destination near Charleston that benefits from the region’s job and population growth,” said Alex Cosio, Vice President, Silverstein Properties. “With preconstruction completed and financing in place, this development is positioned to further invigorate an already bustling community."

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    🎉 Today marks the 20th anniversary of an iconic moment in the official rebuilding of the World Trade Center! On July 4, 2004, New York took a monumental step towards reclaiming its iconic skyline. A 20-ton garnet-speckled granite cornerstone was laid, paving the way for the 1,776-foot Freedom Tower, now known as One World Trade Center. “Once again,” said Mayor Michael Bloomberg, "the world's tallest building will rise in Lower Manhattan." Read about this monumental day and more in Larry Silverstein's upcoming book, "The Rising: The Twenty-Year Battle to Rebuild the World Trade Center." Pre-order your copy today! https://lnkd.in/gH42mRQK

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    We re-opened The Bankers Club in the summer of 2019 (with more club, and less bankers)- turning it into a bright and energized amenity lounge with one of the best rooftops in the city. We thought you might like to see this cool piece of NYC history that shows the old school invitation to the ORIGINAL Bankers Club atop the Equitable Building (120 Broadway), when it first opened #onthisday - July 1, 1915!

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    "The genesis of Silver Art Projects can be traced back to the 1980s when Larry Silverstein built the first 7 World Trade Center. According to the lore, as recounted by Silverstein Properties CMO Dara McQuillan, the senior Silverstein had around that time fallen in love with Carmen Red granite, and “it was on the outside and on the inside—he put it everywhere.” But on the day he opened the building, Silverstein walked into the three-story high lobby and thought it looked like nothing so much as a mausoleum. He called his wife, Klara Silverstein, to come down and tell him if he was crazy or not, and when she saw it, she said, ‘Yeah, that’s pretty much it.’ The couple would spend the next decade buying art that changed the look and feel of 7WTC for the better. They started with these massive Frank Stella pieces,” McQuillan tells Observer. “They borrowed this Calder from the Port Authority and put it right in front of the building. Over the years, they breathed life into it with these very beautiful and very large pieces of art, really transforming it.”" Learn all about the many artists continuing to breathe life into the new World Trade Center in this great new article from Observer! https://lnkd.in/gQwU3XVD

    The World Trade Center Offers Case Studies in Making Space for Artists in Urban Centers

    The World Trade Center Offers Case Studies in Making Space for Artists in Urban Centers

    https://observer.com

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    💙 Here at Silverstein, we strive to cultivate an inclusive culture where everyone is encouraged to bring their whole, authentic selves to work, embracing diverse perspectives and fostering mutual growth and respect. 🏳️🌈 In this #PrideMonth spotlight, we are proud to feature Eric Kanata, who joined our Asset Management team earlier this year. ❓Tell us about yourself and what you do at Silverstein. 🔵 I grew up on the north shore of Long Island in a small town called Laurel Hollow and went to Fordham University for undergrad. I currently reside in SoHo. ❓What is your professional history before joining Silverstein? 🔵 I worked for a family office on the Upper East Side doing residential property management, then worked in accounting at Industry City for Jamestown, and most recently was an asset manager at L&L Holding Company. ❓What does Pride Month mean to you personally? 🔵 Pride Month, for me personally, represents a time of celebration, reflection, and advocacy. It is also a period to honor the history and achievements of the LGBTQ+ community. On a deeper level, Pride Month signifies a celebration of individuality and the freedom to express one's true self without fear of judgment or discrimination. ❓How can individuals become better allies to the LGBTQ+ community? 🔵 Becoming a better ally to the LGBTQ+ community involves active learning, empathy, and advocacy. Showing visible support, creating inclusive environments, and challenging our own biases by being more self-reflective all go a long way. ❓What’s something you think people can do, especially during Pride Month, to gain awareness about important issues impacting the global LGBTQ+ community? 🔵 During Pride Month, we can take several meaningful actions to gain awareness about important issues regarding the LGBTQ+ community such as educating ourselves on current issues, attending events and panels, and supporting LGBTQ+ organizations such as the Trevor Project and the Human Dignity Trust. ❓What is one LGBTQ+ community misconception you would like to educate others? 🔵 There are quite a few, but the first one that comes to mind is that our words and actions can turn or influence young kids to be gay. This not only perpetuates the notion that being gay is something wrong or to be ashamed of, but it also leads to young kids internalizing their feelings which can then turn into negative and sometimes destructive life choices – all because of how they were born. ❓If you could have dinner with any LGBTQ+ icon, past or present, who would it be and why? 🔵 I would pick Andy Warhol. Besides being a fan of his art and finding him to be an interesting person, at his time he was arguably the most famous gay man in the world and his influence and art helped integrate LGBTQ+ culture into broader societal trends.

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